While the crowd watches the red candles of Bitcoin, the 'smart money' in Cardano is preparing something grand. As of April 20, we see a classic 'quiet accumulation' just before a big hard fork.
🔥 Why this is an explosive moment:
The battle for $0.24: We are currently trading in the range of $0.243 – $0.246 (~10.77 UAH). This is the zone where buyers have set a real wall. If we hold this level — shorts are in for a very painful surprise.
Signal "Van Rossem": Only a few days left until the hard fork (Protocol 11)! The Plutus update and new cryptographic features are not just words, they are fuel for new dApps that are waiting to launch.
Whale Accumulation: On-chain data confirms — whales are not selling. On the contrary, stability in the $0.23–$0.25 range indicates that large players are simply 'collecting' the panic sales of retail traders.
🔍 Technical markers (20.04.2026):
RSI (14): ~45.6. We are in the ideal neutral zone. No overbought conditions — just pure potential for a flight upwards.
Scale: The price is squeezed in a 'descending wedge'. Exiting such a figure usually occurs vertically. The next stop upon breaking resistance — $0.265.
SMA: The 50-day SMA ($0.257) is currently acting as a magnet. Once we 'swallow' it, the road to $0.30 will be open.
🚧 Your trading plan:
Support: $0.234. Our 'concrete'. As long as we are above — the bulls are in the game.
Resistance: $0.257 - $0.262. The main boss for today.
Target: $0.32 - $0.35 by the end of the week if we maintain the pace of updates.
Conclusion: $ADA — this is a compressed spring. Fundamentals (Van Rossem + Midnight) are stronger than market noise. Don't let the bears take your coins at the very low! 💎
⚡️ Poll of the day:
Do you believe that the Van Rossem hard fork will push ADA above $0.35 as early as April?
🚀 Yes, the rocket is already fueled!
🐢 No, we will continue to be flat.
📉 I expect $0.20 to go all in.
Like 👍 if you hold ADA! Share your thoughts in the comments! 👇
⚠️ RISK WARNING:
Trading cryptocurrencies is associated with extremely high risk. This analysis is not financial advice. Use stop-loss and always conduct your own research (DYOR).
#ADA #Cardano #WhaleActivity #VanRossem
