Market Overview for Cardano/Yen (ADAJPY) on 2025-12-18

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Thursday, Dec 18, 2025 9:14 am ET1min read
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- ADAJPY formed a bearish engulfing pattern near 58.44, with key support at 57.0 and a bullish hammer at 56.33.

- Volume surged during the downward move, confirming bearish momentum as price fell below 20/50-period moving averages.

- RSI hit oversold levels (<30) while MACD showed convergence, suggesting short-term rebound potential amid widened Bollinger Bands.

- Near-term correction to 57.1-57.3 is likely, but sustained bearish pressure could retest 56.33 if momentum fails to reverse.

Summary
• Price action shows a bearish reversal pattern near 58.44 with key support at 57.0.
• Volume spiked during the downward move, confirming bearish momentum.
• RSI suggests oversold conditions below 30, while MACD indicates potential for a near-term rebound.
• Volatility has expanded, with price bouncing off lower Bollinger Band.

Cardano/Yen (ADAJPY) opened at 57.9 on 2025-12-17 at 12:00 ET and closed at 56.88 on 2025-12-18 at 12:00 ET. The pair touched a high of 58.99 and a low of 56.33, with total volume of 1,767,755.9 and turnover estimated at 99.9 million yen.

Structure & Formations


Price action revealed a bearish engulfing pattern near 58.44, signaling a potential reversal. A key support level appears to be forming at 57.0, with a bullish hammer forming on the lower end of the range. The 58.42–56.33 range suggests a consolidation phase, with Fibonacci retracements indicating potential bounce levels at 57.1 and 57.5.

Moving Averages and Momentum



On the 5-minute chart, the price spent much of the session below the 20 and 50-period moving averages, reinforcing a bearish bias. RSI dipped into oversold territory below 30, suggesting a possible short-term rebound. MACD crossed into negative territory but showed signs of convergence, hinting at potential stabilizing momentum.

Volatility and Volume Dynamics


Bollinger Bands widened in the morning session, reflecting increased volatility as the price dropped from 58.44 to 56.62. Notably, the largest volume spike occurred at 2025-12-18 13:45 ET, coinciding with a sharp move up to 58.42. Volume was higher during the downswing, confirming bearish pressure, while turnover aligned with price action, showing no divergence.

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Forward Outlook and Risk


ADAJPY appears poised for a near-term correction from oversold levels, with potential to test the 57.1–57.3 zone. However, continued volume dominance on the downside suggests a retest of 56.33 is possible if momentum does not reverse. Investors should remain cautious of bearish continuation patterns and watch for a break below 57.0 for further declines.