Cardano: DAVE Pool Upgrades to Node v11.0.1
Cardano DAVE stake pool mints first block on v11.0.1 ahead of Van Rossem hard fork at ADA $0.17 with neutral RSI and bearish MACD.
SourceAnalysis
DAVE stake pool upgraded to Cardano Node v11.0.1 and minted its first block, confirming network readiness for the Van Rossem hard fork on behalf of delegators.
Price sits at $0.17 inside Bollinger Bands with upper resistance and lower support both at $0.17. EMA50 holds at $0.17 as immediate support while EMA200 at $0.21 caps upside. RSI(14) at 48.42 shows neutral momentum and MACD(12,26) prints a death cross at 0.0, locking in the bearish structure on the 4h chart. With price testing upper Bollinger resistance at $0.17 while RSI remains neutral, a healthy retracement toward the 50-EMA support at $0.17 appears probable before any continuation attempt.
Dave
@ItsDave_ADACardano ecosystem contributor operating the DAVE Stake Pool and serving as a DRep in network governance.