With most altcoins being pegged to Papa BTC, the tendency is to follow the same pattern. Cardano is no different. While Papa BTC declines, Cardano follows suit. However, it seems that Cardano is in Subwave v of Wave C corrections. Fibonacci retracements suggests more blood shall be shed and good buy zone should be anywhere between anywhere between 3000 to 3700 satoshis, towards the apex of the downward pointing triangle. Let's how the action unfolds in the coming days. Good luck! 
Hey! kudos to you for being successfuly to do the work