Van Rossem hard fork protocol upgrade: Can ADA break $0.18 resistance?
Cardano (ADA) is trading at $0.176, up 8.19% on the day and showing strong upward momentum. The asset sits above its key short- and medium-term moving averages, indicating a positive shift in near-term sentiment.
Highlights
- Cardano completed its Van Rossem hard fork, upgrading to Protocol Version 11 to boost smart contract efficiency and lower costs.
- This marks Cardano’s first major onchain governance-led upgrade, ratified with 79% support, reinforcing decentralized decision-making.
- ADA/USD shows strong intraday bullish momentum, with price expected to trade within $0.173–$0.18 and immediate support at $0.167.
Onchain governance boost as hard fork drives Cardano upgrade
Cardano activated the Van Rossem hard fork on July 19, 2026, upgrading its network to Protocol Version 11 after wide approval through onchain community governance, according to Cryptonews. The update delivers improved smart contract efficiency, lower execution costs, and enhanced security for stake pools, factors that increase the platform’s appeal and practical use for developers and stakeholders. Coindesk highlighted that this marks Cardano’s first major upgrade fully proposed and ratified onchain by delegated representatives, with 79% support, strengthening the network’s track record in decentralized governance. The technical enhancements also lay groundwork for future scaling initiatives and further ecosystem growth.
Buyer dominance as rally nears resistance and overbought levels
On the hourly chart, ADA is trading above both the MA-20 and MA-50, while it remains well below the MA-200 on the daily timeframe. Notably, immediate technical support is defined by the Ichimoku Kijun at $0.167. MACD and ADX both confirm strengthening buyer control, while RSI reads 67.126, indicating a buying bias. However, both Stochastic RSI and CCI are in overbought territory, suggesting the current rally may be nearing short-term exhaustion. Bull/Bear Power signals sustained intraday buyer dominance, and the Awesome Oscillator supports this prevailing uptrend.
Upside breakout favored as volatility constrains ADA range
In the next 2 to 3 trading days, ADA/USD is expected to oscillate within a $0.173 to $0.18 range under typical volatility conditions. The probability of an upward breakout is judged to be very high, with the main bullish scenario targeting sustained gains if the price decisively clears $0.18. On the downside, a drop below immediate support at $0.167 would likely trigger renewed seller activity and a move toward lower levels.
Earlier, analysts noted that Cardano was locked in a persistent bearish trend despite ongoing ecosystem developments and accumulation by large holders. The recent Van Rossem upgrade and pronounced shift in technical momentum now signal an improving outlook, with a decisive breakout above $0.18 emerging as the key level that could confirm a sustained bullish reversal.
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