- ADA trades at $0.2527, up 0.44%, holding above the 0.236 Fib at $0.2475 with SAR and Supertrend flipped bullish just below.
- Shorts absorbed $506.37K in 24h liquidations against $112.63K for longs, with OI rising 1.15% to $414.85M.
- Hoskinson clapped back at XRP community criticism, using decentralization as the dividing line between Cardano and Ripple.
ADA trades at $0.2527 on April 10, up 0.5%, holding the 0.236 Fib at $0.2475 while the SAR and Supertrend flip bullish on the 4H for the first time since the March channel began.
ADA 4H Chart: Fib Support Holds But The Channel Has Not Broken
ADA 4H Price Action (Source: TradingView)The descending channel from the March 17 high at $0.2951 remains intact. Price sits between the 0.236 Fib at $0.2475 and the 0.382 Fib at $0.2566, holding support but not yet reclaiming the next level.
The SAR at $0.2465 and Supertrend at $0.2449 have both flipped bullish on the 4H, sitting just below current price as support. A 4H close back below $0.2465 flips the SAR bearish again and puts the 0.236 Fib under immediate pressure. The channel’s upper boundary and the 0.618 Fib at $0.2639 converge as the same resistance zone to clear for any real recovery.
Key levels for April 11:
- SAR support: $0.2465
- Supertrend support: $0.2449
- 0.236 Fib: $0.2475
- 0.382 Fib: $0.2566
- 0.5 Fib: $0.2639
- 0.618 Fib: $0.2713
- 0.786 Fib: $0.2817
- Channel base: $0.2328
- March high: $0.2951
ADA Derivatives: Shorts Getting Squeezed At Current Support
ADA Derivatives Data (Source: Coinglass)Volume fell 8.15% to $578.49M while OI rose 1.15% to $414.85M. Volume dropping with OI rising means existing positions are holding rather than new ones piling in. The long/short ratio sits at 1.0068, essentially flat, but Binance accounts lean long at 2.0321 and OKX at 1.64.
The liquidation data is the most directional read here. Shorts absorbed $506.37K over 24 hours against $112.63K for longs. Sellers are getting squeezed at current support levels, which is consistent with price holding the 0.236 Fib and both the SAR and Supertrend flipping bullish on the 4H. OI at $414.85M remains elevated well above pre-rally levels, meaning there is enough leveraged positioning on both sides for a sharp move once the channel resolves.
Hoskinson vs XRP: Decentralization Is The Whole Argument
An XRP community member attacked Hoskinson on X, arguing his personal reputation blocks Cardano’s institutional adoption and contrasting him with Ripple CEO Brad Garlinghouse. Hoskinson hit back by pointing out that Cardano’s decentralization means institutions do not need to endorse him to build on the network, unlike XRP where Ripple’s leadership sits at the center of every major narrative.
The dispute extends beyond this exchange. Hoskinson has publicly opposed Garlinghouse’s support for the Digital Asset Market Clarity Act, calling its survival in the current political environment into question. None of it moves ADA directly, but Cardano stays in the conversation while macro and Bitcoin ETF flows dominate the broader news cycle.
ADA Price Prediction: April 11 Outlook
- Upside: SAR and Supertrend hold on the 4H, price clears the 0.382 Fib at $0.2566, and the next target is $0.2639 where the channel ceiling and 0.5 Fib meet. Shorts covering adds fuel. Clearing $0.2639 opens the 0.618 Fib at $0.2713.
- Downside: 4H close below the SAR at $0.2465 breaks the 0.236 Fib at $0.2475 and sends ADA back toward the channel base at $0.2328.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
Source: https://coinedition.com/cardano-price-prediction-hoskinson-fires-back-at-xrp-as-ada-holds-0-2475/







