Tezos has been up for five days in a row, gaining $0.019 to reach $1.18.

Tezos posts light gains on a low-volatility day, ranging between $1.15 – $1.18 and is now at $1.18.

Tezos USD has crossed the upper Bollinger Band® at $1.17, a potential sign that further gains are to follow. In contrast, despite posting gains so far today, Tezos slid below its 3 day Simple Moving Average at $1.16 in earlier trade — an early indicator that a negative trend could be emerging. Tezos price action is currently oscillating around the $1.17 resistance level with prices moving above and below several times during the session.

Overall, looking at the technical analysis landscape, it seems Tezos likely to continue pointing upward in the short term.

Tezos shows positive signs, other assets are also on par: FTX Token leaps up 9.54% to trade around $1.36. Binance Coin moves up 4.87% to trade around $349.41. Litecoin improves 4.95% to trade around $101.62.

On an upward trend for about a month now. Over the past a year, Tezos has retreated 64.64% from a noteworthy peak of $3.28.