Cardano (ADA) has risen 13.22% in 24 hours, and daily trading volume is nearly up 60% following the Rossem valve upgrade.
This is a short-term rebound supported by a more favorable overall market backdrop, in which Bitcoin has returned above 62,000 USD. However, ADA’s price structure still leans bearish on the daily timeframe.
MAIN CONTENT
The Rossem valve upgrade is an update within the same period, focusing on performance and governance.
ADA is rising, but the trend on the daily timeframe has not clearly reversed yet.
Technical indicators show that buying pressure has improved, but it is not enough to confirm a sustainable uptrend.
The Rossem valve upgrade supports ADA’s short-term rebound momentum
Cardano’s Rossem valve upgrade is an update within the same phase, not a major hard fork. This upgrade focuses on performance, governance, and adding new built-in functions for Plutus.
This development appears at the same time as the rebound of the broader market, giving ADA an additional short-term catalyst. However, its impact is mainly on trading sentiment in the short term.
Source: ADA/USDT on TradingView
The price trend on the daily timeframe is still leaning bearish
Cardano is still in a bearish structure on the 1-day timeframe. The drop from $0.19 to $0.138 in June was used to plot the Fibonacci levels, and this structure has not shown clear reversal signals yet.
In April and May, the $0.235 area was previously held by buyers, but when price fell below this level, expectations for a recovery weakened significantly. The $0.32 milestone was also broken starting from January 2026, causing the swing structure to tilt toward the sellers.
The 78.6% retracement level at $0.1789 has been breached, but for it to turn into an uptrend, ADA still needs a daily close above $0.19. For now, the $0.19 area remains a key threshold to watch.
Technical indicators show improved buying strength, but it is not yet really convincing. MFI has returned above 50, while CMF is still only at +0.03 despite a strong increase in trading volume.
The CMF has mostly been below 0 since March, reflecting that buying flow has not remained stable. This makes the current upswing more likely to be viewed as a technical rebound rather than a trend reversal.
Source: ADA/USDT on TradingView
The 4-hour timeframe shows that the rebound momentum has entered an overheated zone
On the 4-hour chart, the MFI indicator has broken above the 80 threshold, indicating that ADA’s rebound is entering an overbought zone. With this perspective, the sell side may view this as a short-term risk point for the uptrend.
The bearish scenario will be invalidated if ADA closes the H4 session above $0.19. If not, the $0.138 and $0.126 levels are the next price zones to watch.
Summary
ADA is benefiting from the short-term boost from the Rossem valve upgrade and the overall market rebound, but the price structure on the larger timeframe has not yet shown a sustainable reversal.
Source: https://tintucbitcoin.com/cardano-tang-13-truoc-nang-cap-ben/
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