Cardano fell to a multi-week low on March 2, as cryptocurrency prices were mostly lower in today’s session. The global market cap has mostly declined on Thursday, and is trading 1.71% lower as of writing. Cosmos was also in the red, with prices retreating to a key price floor.

Cardano (ADA) dropped to a multi-week low on Thursday, as prices collided with a key support point. ADA/USD plunged to an intraday low of $0.3501 in today’s session, following a high of $0.3637 on Wednesday. As a result of the move, cardano traded slightly above a floor at $0.3500, which is its weakest point since February 13.

Additionally, cosmos (ATOM) also fell back into the red, as prices retreated to a recent floor. Following a high of $12.91 on Wednesday, ATOM/USD dropped to a low of $12.26 earlier in today’s session. The move saw the token fall below a long-term support point of $12.30, nearing a six-week low in the process. Overall, cosmos is down by over 10% in the last seven days, which comes as the RSI continued to fall towards a floor at 40.00.