Cardano's price remains in a downtrend as ADA trades around $0.35, struggling to break out of a descending channel. The cryptocurrency is nearly 90% below its all-time high of $3.10 and has declined 58% year-to-date. Sellers maintain control, though downside momentum is easing. On the daily chart, ADA is constrained by falling resistance, with exponential moving averages (EMAs) clustered between $0.35 and $0.38. A close above $0.38 could indicate a base completion, while a drop below $0.34 may extend the decline into 2026.