Cardano cryptocurrency trades up $0.003, approximately 0.86% higher this morning

Tentatively higher from an earlier low of $0.375, ADA is up to $0.379 today, adding $0.003, or 0.86%, to today's closing price of $0.376.

Cardano could be slowing down soon as it approaches resistance at $0.377. Of course, crossing it might suggest further gains are ahead. Cardano's upper Bollinger Band® is at $0.384, this is a slight indication of a slowdown.

After posting consistent gains as part of its uptrend and being lifted by intraday sentiment, technical factors suggest ADA is set for a reversal in the coming days.

Trending downwards for around a month. ADA has a market cap of 13.23 billion with an average daily volume of 168.77 million.