Cardano’s ADA has gained 26.10% in August after rising 17% in July, but an hourly-chart death cross is prompting traders to question whether the recent recovery could become a bull trap, or false upward breakout. ADA rose for four consecutive days after reversing 11 days of declines at the start of August, reaching $0.258 on Aug. 22 before retreating. The signal formed as the 50-period moving average fell below the 200-period moving average on the hourly chart. ADA was up 0.87% over 24 hours and 11% over the week at the time of writing, although weekly gains had narrowed as crypto markets saw profit-taking after the previous week’s surge. Rate expectations have also moved against the rally, with traders increasing bets on a rate increase. Federal Reserve Chair Kevin Warsh is scheduled to deliver his first Jackson Hole keynote as chair on Friday, weeks before the Sept. 15-16 rate decision. Separately, Cardano’s Leios throughput upgrade completed its Earth phase after 41 days on a public testnet. Input Output said the upgrade raised transaction capacity well above the current limit without changing Cardano’s security model, peaking at roughly six times mainnet capacity in its first public test. During the stable final days, Leios carried 54% of all traffic reaching the chain, processing 18 times the transactions and 3.3 times the data of real mainnet traffic.