Mixed sentiment leads Cardano cryptocurrency to trade sideways; establishes tight $0.32 to $0.329 range

Cardano trades at $0.326, after ending today at $0.325.

Cardano's upper Bollinger Band® is at $0.382 and the lower is $0.3.

Despite muted price action in ADA, chart analysis indicates it is positioned for a bullish run in the short term.

At the same time, mixed performances are seen elsewhere as FTX Token is up 9.54% to $1.36. Having closed the previous session at $1.15, Tezos USD is up 3.73% today to currently trade at around $1.19. Having closed the previous session at $76.68, Litecoin is up 3% today to currently trade at around $79.

Cardano reached a significant high of $1.21 around 11 months ago but has lost 73.18% since then. Cardano has a market cap of 11.30 billion with an average daily volume of 308.12 million.