ADA cryptocurrency trades up $0.008, approximately 2.35% higher this morning

Tentatively higher from an earlier low of $0.333, Cardano is up to $0.341 today, adding $0.008, or 2.35%, to today's closing price of $0.333.

As the day gets underway, chart analysis suggests Cardano could be slowing down soon as it approaches resistance at $0.352. Of course, crossing it might suggest further gains are ahead.

Other markets are also showing gains as FTX Token is up 9.54% to $1.36. TRON surges 4.58% to trade around $0.068. Litecoin is up 2.44%.

Cardano has fallen back around 72.54% from the significant high of $1.21 set 11 months ago. Cardano is currently trading with a market cap of 11.82 billion with an average daily volume of 289.99 million.