In the recent volatile crypto market, Cardano (ADA) has faced a notable decline of 10.4% in the first two days of April, dropping to $0.582. This price is the lowest ADA has seen since March 19, causing concern among its followers.

The loss of the key $0.62 support level, which Cardano had previously rebounded from twice in March, has added to worries about the future direction of ADA's price. Failing to maintain this support level for the third time in the past month raises uncertainties about the next moves for Cardano.

Experts have mixed opinions on what might happen next. Some are optimistic, comparing the current situation to mid-March when Cardano hit a local low and then bounced back due to increased buyer activity. On the other hand, some are cautious, suggesting that if buyers do not intervene, ADA's price could continue to decline. The critical support level to monitor now is at $0.55 per ADA, which could signal the short-term path for the cryptocurrency.

As Cardano navigates through these challenging times in the market, the upcoming days will be crucial for both the cryptocurrency itself and its investors to see if stability can be achieved amidst the ongoing market turmoil.