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Cardano's Japan enterprise deal fails to boost ADA price, which drops about 4% amid selling pressure.

Technical Signals
04 Oct 2026
Crypto Daily
View Source
Neutral
Cardano's Japan enterprise deal fails to boost ADA price, which drops about 4% amid selling pressure.

Cardano announced a partnership with Pacific Meta to boost enterprise adoption in Japan, but this has not translated into sustained demand for ADA. Following the news, ADA's price fell roughly 4%, trading near $0.2440 and struggling with short-term resistance levels. Technical indicators show a constructive longer-term trend but weakening short-term momentum, with key resistance at $0.2564 needing to be surpassed for a bullish move toward $0.26. The outlook depends on ADA holding support at $0.2415 and overcoming multiple resistance levels to confirm renewed buying interest.

Despite Cardano's recent partnership announcement with Pacific Meta aimed at expanding enterprise adoption in Japan, ADA's price on Pluang shows a modest gain of 0.37% as of Oct 04, 2026 20:11 WIB, trading at Rp4.380. The platform records a market cap of Rp161,37T and a 24-hour trading volume of Rp4,19T, with a nearly balanced order activity of 48% Sell and 52% Buy. Typical hold time for ADA investors on Pluang is 126 days, indicating a medium-term commitment among users.

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