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April 22, 2023
Tentatively higher from an earlier low of $1, Tezos is up to $1.02 today, adding $0.024, or 2.25%, to today's closing price of $1.
Meanwhile, United States Services PMI released yesterday at 13:45 UTC with a figure of 53.7, while the previous figure was 52.6. United States CFTC Crude Oil speculative net positions came out at 244,600. United States CFTC Gold speculative net positions released yesterday at 20:30 UTC with a figure of 189,900, while the previous figure was 192,700.
Tezos USD made an initial breakout above its 3 day Simple Moving Average at $1.04, a potential indicator of a newly emerging bullish phase. Tezos's lower Bollinger Band® is at $0.997, indicating that the market is oversold and fertile for new buyers. Despite this, Tezos could be slowing down soon; it is getting close to the resistance line and is now at $1.03, only 1 cents away. Crossing the resistance line could, however, suggest that further gains are ahead.
Tezos continues to move higher with technical analysis indicating the trend will continue in the short term.
Other markets are also showing gains as FTX Token gained 9.54% and is currently trading at $1.36. TRON is up 1.74%.
At the same time, UNICORN Token USD is down to $6.43, losing $0.197, after closing at $6.63 in the preceding trading session.
Pointing downwards for around a month. Tezos has shed $2.09 points and is languishing 67.56% lower over the past year, leaving its yearly highs around $3.08 in the rear-view mirror.
