Here's a concise đ technical analysis for
$ADA /JPY (Cardano to Japanese Yen):
đ´ ADA/JPY Market Overview
Metric Value
đ¸ Last Price ÂĽ115.48
đ 24h High ÂĽ117.08
đ 24h Low ÂĽ111.86
đ 24h Volume (ADA) 5.05 million ADA
đľ 24h Volume (JPY) ÂĽ580.11 million
INR Equivalent âš219.80 (-0.96%) đ
---
đ Price Levels
Type Key Levels (ÂĽ)
đş Resistance 117.18 â 119.10 â 120.58 â 121.02
đš Current 115.48 (mid-range, slight bearish tilt)
đť Support 113.34 â 111.86 â 111.42
---
đ Technical Indicators
Indicator Value Analysis
đ Volume 43,685.9 ADA Moderate interest
đ MA(5) 292,046.5 Above current volume (bearish)
đ MA(10) 296,479.7 Suggests possible downtrend
---
đ Trade Outlook
đ˘ Bullish Case
Buy Zone: ÂĽ113âÂĽ115
Target: ÂĽ117.08 â ÂĽ120.5
Stop Loss: ÂĽ111.80
Rationale: Bounce off key support with minor recovery potential.
đ´ Bearish Case
Sell Entry: Below ÂĽ111.86
Target: ÂĽ110.00 â ÂĽ108.00
Stop Loss: ÂĽ117.00
Rationale: Breaking ÂĽ111.8 could accelerate downside momentum.
---
âąď¸ Trend Snapshot
Timeframe Trend Momentum
15m âď¸ Sideways Ranging
1h đť Bearish Mild selling pressure
4h â ď¸ Neutral Waiting for breakout
1D đť Bearish Lower highs forming
---
â
Summary
Cardano (ADA) is currently trading at ÂĽ115.48, showing slight bearish pressure after failing to hold above ÂĽ117. Momentum indicators and short-term moving averages suggest a pullback unless strong buying appears near ÂĽ113.
Would you like me to convert this into USD or INR pricing? Or apply RSI/MACD analysis next? đđ
#ADA #ADABullish #EthereumTurns10 #CryptoScamSurge #Write2Earn