Will ADA Price Hit $2?

Story Highlights

  • The live price of the Cardano token is $0.35731948.
  • The price of the ADA coin could reach a potential high of $1 by the end of 2024.
  • The Cardano price, with a potential increase, could reach $10.32 by the end of 2030.

The altcoin market is quite bullish as the BTC price is nearing its all-time high. Amid increasingly bullish conditions, Cardano is on the rebound and expects to make a hit $0.50 as momentum increases.

Are you considering buying Cardano this month before the bull run starts? 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.

Overview

Cryptocurrency Cardano
Token ADA
Price $0.35731948 0.35%
Market capitalization $12,501,498,797,1636
Trading volume $239,829,219,2044
Circulating supply 34,986,894,172.8729
Highest ever $3.10 September 2, 2021
Always low $0.01735 October 2, 2017
24 High Available soon
24 Low Available soon

Cardano Price Prediction November 2024

For November, the price of Cardano (ADA) may trade within a range of $0.34 to $0.40. ADA is currently priced at $0.3566 with an RSI of 53 and is in a moderate bullish trend but is facing resistance around $0.38 to $0.40. The 9-day SMA near $0.3451 acts as support and reinforces stability.

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Cardano Price Prediction November 2024

With 24-hour volume down 22.69%, an increase in trading volume could push ADA to break the $0.40 level and possibly reach $0.42. However, if ADA falls below $0.34, a bearish trend may develop, pushing the price down to $0.32.

Month Potential Low ($) Average price ($) Potentially high ($)
October $0.32 $0.38 $0.42

Cardano Price Prediction 2024

Cardano’s price could rise due to recent network improvements and rising activity. There are increasing indications of a positive turnaround. Strong support levels, an increase in the number of significant transactions and the expansion of the DeFi ecosystem could fuel further recovery.

Trading at $0.341, ADA presents a buying opportunity with the potential to surpass $0.3411 and reach $1.5 in 2024. A bull run would take the price to $1average $0.635 and possibly around $1.37 by the end of the year.

Year Potential Low ($) Average price ($) Potentially high ($)
2024 0.27 0.635 1

Cardano Price Prediction 2025

The year 2025 could be a sign of growth for ADA, with prices possibly fluctuating between a low of $1.81 and a maximum of $2.42. The average price during this period would be $2,115.

Year Potential Low ($) Average price ($) Potentially high ($)
2025 1.81 2,115 2.42

Cardano (ADA) Price Prediction 2026 – 2030

Price prediction Potential Low ($) Average price ($) Potentially 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 Rise in 2023?

ADA Price Prediction 2026

By 2026, the potential price of ADA is expected to rise further, ranging from a low of $2.76 and a maximum of $3.30. The average price during this period would be $3.03.

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Cardano price targets for 2027

The analysis suggests a further increase in the value of Cardano in 2027, with the price possibly reaching between $0.000 and 0.0004.56 and $5.03. The average price during this period would be $4.79.

ADA Price Prediction 2028

By 2028, the price of ADA could rise to between $5.29 and $5.73with an average price of $5.51.

ADA Price Prediction 2029

By 2029, Cardano’s price is expected to rise between $0.506.68 and $7.79where the average price is $7,235.

Cardano Price Prediction 2030

Finally, the price of Cardano is predicted to rise between $0.000 and 0.000 by 20309.12 and $10.32where the average price may be $9.72.

See also: March 2024 Crypto Adoption Report: Global Trends, Top Countries, and Regulatory Insights

Market analysis

Company name 2024 2025
Public capital $2.12 $3.09
Digital coin price $0.90 $1.24

*The above objectives are the average objectives set by the respective companies.

CoinPedia’s Cardano (ADA) price prediction

Assuming that Cardano continues to focus on the upcoming updates to the network, we can expect to see broader Cardano adoption rates. Moreover, with the upcoming bull run being powered and fueled by Bitcoin’s halving in 2024, followed by another altcoin season, Cardano is all set to create unprecedented new highs.

We expect the ADA price to reach $1 by the end of 2024.

Year Potential Low ($) Average price ($) Potentially high ($)
2024 0.27 0.635 1

Historical price sentiments

Cardano price history

Also read: Coinpedia Price analysis provides you with the latest content on the recent market trend that will help you get closer to the price movements and actions of the various cryptocurrencies.

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Frequently asked questions

How high will Cardano go by the end of 2024?

The price of ADA could increase to a maximum of $1 by the end of 2024.

How high can Cardano rise by the end of 2025?

According to our Cardano price forecast, the altcoin’s price could reach a high of $2.42 by the end of 2025.

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

Assuming you invested in Cardano in January 2020 at best, your investment would have increased by 550%. In short, for every €100 you would have earned 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, among new, better-performing entrants?

Cardano is an undervalued investment and has a high chance of success in the coming years, given the plethora of applications.

Is it worth turning off your Cardano?

If you hold your ADA tokens for the long term, there is no downside to staking them.

Is Cardano dead?

Cardano is not dead as it is witnessing major development upgrades, which could increase the price of ADA in the near future.

Can Cardano Overtake Ethereum?

Even the most optimistic Cardano proponents acknowledge that Cardano will potentially only surpass Ethereum within eight to ten years.

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Credit : coinpedia.org