Cardano: Stake Pools Hit 90.2% Van Rossem Fork Readiness
Cardano stake pools signal 90.2% readiness for Van Rossem hard fork as ADA trades at $0.17 with RSI at 78.5 on 4h chart.
SourceAnalysis
Cardano stake pools have reached 90.2% signaling readiness for the Van Rossem hard fork over the past 24 hours.
The upgrade follows 12 months of incremental protocol refinements that lifted throughput and reduced settlement latency across the network.
Price action shows ADA at $0.17 inside the Bollinger band with upper resistance at $0.17 and lower support at $0.14. EMA50 sits at $0.15 while EMA200 rests at $0.18, preserving the bullish structure. MACD registers a 0.01 golden cross yet RSI(14) at 78.5 flags overbought conditions, pointing to a probable retracement toward the 50-EMA support before continuation. Traders tracking ADA price prediction models now weigh these levels against broader crypto market crash scenarios and Cardano hard fork impact flows.
Dave
@ItsDave_ADACardano ecosystem contributor operating the DAVE Stake Pool and serving as a DRep in network governance.