Cardano Price Prediction 2024-2030: Will ADA Price Hit $1?
The post Cardano Price Prediction 2024-2030: Will ADA Price Hit $1? appeared first on Coinpedia Fintech News
Story Highlights- The live price of the Cardano token is $ 0.33596662.
- ADA coin price could reach a potential high of $1 by the end of 2024.
- Cardano price, with a potential surge, could go as high as $10.32 by the end of 2030.
Amid the increasing volatility and bearish sentiment, Bitcoin constantly struggles near the $60,000 mark. As the market remains uncertain, blue-chip coins like Cardano face high volatility and an intense correction.
Are you considering buying the dip in Cardano this month? Or, are you wondering, “Is Cardano a good investment?” or “Will Cardano reach $100?” Check out our detailed Cardano (ADA) price forecast for 2024 – 2030 for all your FOMOs and FUDs.
Table of contents Overview CryptocurrencyCardanoTokenADAPrice $ 0.33596662
-1.68% Market Cap $ 12,081,575,518.3396Trading Volume $ 252,430,198.1257Circulating Supply 35,960,643,044.1100All-time High$3.10 Sep 02, 2021All-time Low$0.01735 Oct 02, 201724 High $ 0.000024 Low $ 0.0000
ADA Coin Price Prediction September 2024
With the recent Chang upgrade with the CIP-1694 approval, the network is now truly decentralized. However, the ADA price fails to find any bullish boost with the launch as the downfall prolongs in a falling channel.
As ADA price approaches the $0.32 support, the daily RSI line shows a bullish divergence, teasing a comeback from lower levels. A bullish cycle could challenge the overhead trendline at $0.40. Conversely, a downfall could cause Cardano to plunge to $0.27 in the upcoming weeks.
MonthPotential Low ($)Average price ($)Potential High ($)September $0.27$0.335$0.40 Cardano Price Prediction 2024Cardano’s price momentum has slowed, impacting bullish reversal signals. However, whale support, increasing large transactions, and DeFi growth could drive recovery.
Trading at $0.657, ADA presents a buying opportunity with the potential to surpass $1 and reach $1.5 in 2024. A bull run could push it to $1, averaging $0.635 and possibly closing around $1.37 by year-end.
YearPotential Low ($)Average Price ($)Potential High ($)20240.270.6351 ADA Price Prediction 2025The year 2025 could signal growth for ADA, with prices potentially oscillating between a low of $1.81 and a high of $2.42. The average price during this period could stand at $2.115.
YearPotential Low ($)Average Price ($)Potential High ($)20251.812.1152.42 Cardano (ADA) Price Prediction 2026 – 2030 Price PredictionPotential Low ($)Average Price ($)Potential High ($)20262.763.033.3020274.564.795.0320285.295.515.7320296.687.2357.7920309.129.7210.32Also read: UniSwap Price Prediction 2023, 2024, 2025: Will UNI Coin Surge In 2023?
ADA Price Prediction 2026Moving into 2026, ADA’s potential price is foreseen to elevate further, ranging between a low of $2.76 and a high of $3.30. The average price during this period could stand at $3.03.
ADA Price Prediction 2027The analysis suggests a further surge in Cardano’s value by 2027, with the price potentially hitting between $4.56 and $5.03. The average price during this period could stand at $4.79.
ADA Price Prediction 2028In 2028, ADA’s price could rise to fall between $5.29 and $5.73, with the average price standing at $5.51.
ADA Price Prediction 2029By 2029, Cardano’s price is projected to rise between $6.68 and $7.79, with the average price reaching $7.235.
ADA Price Prediction 2030Finally, by 2030, Cardano’s price is predicted to soar between $9.12 and $10.32, with the average price potentially standing at $9.72.
Also, Check Out: March 2024 Crypto Adoption Report: Global Trends, Top Nations, and Regulatory Insights
Market Analysis 20242025Gov.Capital$2.12$3.09DigitalCoinPrice$0.90$1.24*The aforementioned targets are the average targets set by the respective firms.
CoinPedia’s Cardano (ADA) Price PredictionAssuming that Cardano continues to focus on the upcoming updates of the network, we can expect a wider adoption rate of Cardano. Moreover, with the upcoming bull run propelled and fueled by Bitcoin halving in 2024, followed by a new altcoin season, Cardano is all set to create unprecedented new heights.
We expect the ADA price to reach $1 by the end of 2024.
YearPotential Low ($)Average Price ($)Potential High ($)20240.270.6351 Historical Price Sentiments
Source: TradingView
Also, Read: Coinpedia’s Price Analysis provides you with the latest content on the recent market trend that enables you to get closer to the price movements & actions of the various cryptocurrencies.
FAQ How high will Cardano go by the end of 2024?The price of ADA could surge to a maximum of $1 by the end of 2024.
According to our Cardano price prediction, the altcoin’s price could hit a maximum of $2.42 by the end of 2025.
Assuming the best case is that you invested in Cardano in January 2020, your investment would have increased by 550%. In short, for every $100, you would have made an extra $550.
At the time of writing, the price of 1 CardanoADA token was $0.341.
Is Cardano a good investment in 2024, amidst newer higher-performing entrants?Cardano is an underrated investment and has a high chance of performing in the next couple of years, considering the plethora of applications.
If you are holding your ADA tokens for the long term, there is no downside to staking all of it.
Cardano is not dead, as it is witnessing major developmental upgrades, which could boost ADA’s price in the near future.
Even the most bullish of Cardano supporters acknowledge that Cardano will only potentially surpass Ethereum within 8 to 10 years.