Chang Hard Fork Cardanos Optimal Move to Validate Bullish Trend

Cardano’s Chang hard fork is seen as the best opportunity for the cryptocurrency to confirm a bullish pattern. Despite little price movement, the upgrade aims to bring decentralized governance to Cardano and improve its infrastructure. Stake pool operators are upgrading to Node 9.1.0, the final version needed for the hard fork’s success. Cardano founder Charles Hoskinson has been driving interest in the project and even hinted at a Cardano exchange-traded fund. The Chang hard fork marks a significant milestone for Cardano, with the release of Node 9.1.0 and the inclusion of necessary features. Once 70% of stake pool operators upgrade to the new node, control of the blockchain will be transferred to ADA holders, increasing community involvement and democratic control. The upgrade includes enhancements to CLI and API, a “query treasury” command, and compatibility with CIP69 and CIP119 to improve efficiency and security. Despite facing resistance from various trendlines, the ADA USD pair is forming a bullish falling wedge pattern, suggesting a potential reversal to the upside. Traders estimate a price target of around $0.85 if the breakout is successful.