Cardano Price Prediction 2024-2030: Will ADA Price Hit $1?

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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  $ 0.43935227.
  • 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.

The crypto market has turned bullish as the BTC price has created a new all-time high, and Solana has hit $200. Amid the growingly bullish conditions, Cardano is on a recovery run and teases a hit to $0.50 as it becomes the 9th biggest crypto in the world. 

Are you considering buying Cardano this month before the bull run begins? Or, are you wondering, “Is Cardano a good investment?” or “Will Cardano reach $100?” Check out our detailed Cardano (ADA) price prediction for 2024 – 2030 for all your FOMOs and FUDs. 

Overview

Cryptocurrency Cardano
Token ADA
Price  $ 0.43935227 17.96%
Market Cap  $ 15,378,644,170.4422
Trading Volume  $ 1,161,141,244.9117
Circulating Supply  35,002,992,145.9267
All-time High $3.10 Sep 02, 2021
All-time Low $0.01735 Oct 02, 2017
24 High Coming soon
24 Low Coming Soon

Cardano Price Prediction November 2024

Cardano prices increased significantly over the past 4 days, resulting in consecutive bullish candles. The ongoing recovery accounts for nearly a 35% jump following a double bottom reversal.

Further, the recovery rally has exceeded the 50-day SMA, and 200-day SMA, along with the 23.60% Fibonacci level at $0.42. The Cardano price is currently trading at $0.434, with an intraday gain of 6.60%. 

As the trend reversal in Cardano gains momentum, the upside Fibonacci redressment levels tease a potential continuation to the 61.80% level at $0.547. On the flip side, the 200-day SMA at $0.391 is a potential support, likely to be sustained by the end of the month.

Month Potential Low ($) Average price ($) Potential High ($)
November $0.391 $0.462 $0.547

Cardano Price Prediction 2024

The price of Cardano could rise as a result of recent network enhancements and rising activity. There are growing indications of a positive reversal. Strong support levels, an increase in significant transactions, and the expansion of its DeFi ecosystem could further spur additional recovery.

Trading at $0.341, 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.

Year Potential Low ($) Average Price ($) Potential High ($)
2024 0.27 0.635 1

Cardano Price Prediction 2025

The 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

Year Potential Low ($) Average Price ($) Potential High ($)
2025 1.81 2.115 2.42

Cardano (ADA) Price Prediction 2026 – 2030

Price Prediction Potential Low ($) Average Price ($) Potential High ($)
2026 2.76 3.03 3.30
2027 4.56 4.79 5.03
2028 5.29 5.51 5.73
2029 6.68 7.235 7.79
2030 9.12 9.72 10.32

Also read: UniSwap Price Prediction 2023, 2024, 2025: Will UNI Coin Surge In 2023?

ADA Price Prediction 2026

Moving 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.  

Cardano Price Targets 2027

The 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 Forecast 2028

In 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 2029

By 2029, Cardano’s price is projected to rise between $6.68 and $7.79, with the average price reaching $7.235.  

Cardano Price Prediction 2030

Finally, 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

Firm Name 2024 2025
Gov.Capital $2.12 $3.09
DigitalCoinPrice $0.90 $1.24

*The aforementioned targets are the average targets set by the respective firms.

CoinPedia’s Cardano (ADA) Price Prediction

Assuming 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.

Year Potential Low ($) Average Price ($) Potential High ($)
2024 0.27 0.635 1

Historical Price Sentiments 

Cardano Price History

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.

How high can Cardano go by the end of 2025?

According to our Cardano price prediction, the altcoin’s price could hit a maximum of $2.42 by the end of 2025.  

If you had invested $100 in Cardano in 2020, what would it be worth now?

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. 

What is the price of one ADA token?

At the time of writing, the price of 1 CardanoADA token was $0.3566.

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.

Is it worth staking your Cardano?

If you are holding your ADA tokens for the long term, there is no downside to staking all of it.

Is Cardano dead?

Cardano is not dead, as it is witnessing major developmental upgrades, which could boost ADA’s price in the near future. 

Can Cardano overtake Ethereum?

Even the most bullish of Cardano supporters acknowledge that Cardano will only potentially surpass Ethereum within 8 to 10 years.

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