Cardano's price has been on a downtrend, with bears taking control of the market and pushing prices lower. ADA has broken below $0.3600 and is currently trading at $0.3572.

The immediate support level for ADA is at $0.3557, and if the price falls below this, further declines can be expected. The market cap and trading volume have both faced significant losses due to this downtrend, with the 24-hour trading volume currently at $147 million, showing a loss of 16.19%.