Cardano: Van Rossem Hard Fork Nodes Reach 93.5%
Cardano nodes hit 93.5% Van Rossem hard fork readiness as ADA trades at $0.16 with bearish MACD death cross on 4h chart.
SourceAnalysis
Cardano nodes produced 93.5% of blocks in the past 24 hours from Van Rossem hard fork ready versions, signaling imminent activation of the upgrade.
Price action shows ADA at $0.16 inside Bollinger Bands with upper resistance at $0.17 and lower support at $0.16. The EMA50 and EMA200 both sit at $0.17, forming a clear resistance cluster while the MACD death cross confirms bearish momentum. RSI at 30.92 remains neutral yet the confluence of lower-band testing and death cross points to further downside pressure before any relief rally develops.
Dave
@ItsDave_ADACardano ecosystem contributor operating the DAVE Stake Pool and serving as a DRep in network governance.
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