Cardano’s price has slumped to $0.3398, down 3.2% in the last 24 hours, despite surpassing Solana in YouTube search volume. Cardano’s keyword searches reached 2.6 million compared to Solana's 234,000, reflecting heightened interest. This surge in social dominance may indicate growing investor attention.

The Cardano price has oscillated between $0.32 and $0.40 for over two months. Currently, it’s near the lower end of this range, with support around $0.32. If this support breaks, ADA could drop to $0.285. However, a rebound from this level might push it toward $0.38 or $0.40.

The OBV indicator shows weak buying pressure, while the RSI is near oversold at 33.79, suggesting a potential bounce from support. If ADA breaks out of its current range, it could reach $0.50, but failure to hold support could lead to further declines.