Cardano (ADA) Price Prediction - Will Price Hit $100 in 2030?

Key Takeaways

Cardano’s (ADA) price prediction for 2024 could hit $1.6 as the price continues to look strong on a high timeframe.

Cardano’s (ADA) use case and investor interest heightens after the price breaks above $1, gaining much attention in crypto.

Ali on X suggests Cardano’s price could hit $10, replicating the 2017 bull market rally.

Token Name	Cardano (ADA)
Current Price	$0.93
Market Capitalization	$32.7B
Total Circulating Supply	35.07B ADA
Daily Support	$0.75 and $0.55
Weekly Support	$0.55
Daily Resistance	$1.2 and $1.6
Weekly Resistance	$1.6 and $3
30 Days Performance	177%

Market Sentiment – Bullish

50-day and 200-day EMA Bias – Bullish

Short-term Price Prediction for 2024 – $1.6

The Cardano (ADA) blockchain has gained much attention in the past few weeks due to its price action coupled with its fundamentals. Many analysts and its CEO believe Cardano (ADA) is highly undervalued.

Cardano’s blockchain is built with a scientific strategy and methodology driven by research. As an open-sourced blockchain project, Cardano (ADA) undergoes a peer-to-peer assessment process performed by scientists and investors.

Cardano (ADA) has gained prominence due to its strong community engagement with Charles Hoskinson, its CEO, playing a key role as its ecosystem has developed much in the past couple of years.

How will Cardano (ADA) perform in the coming months and years as analysts and experts share detailed Cardano (ADA) price predictions for 2024, 2025, and 2026-2030?

Experts’ Opinion On Why Cardano Price Will Rise

This year will be bright for ADA, and we expect the coin to surge upwards to reach the $5 mark, creating new highs. You have to return to the 2017 bull market to find the last time ADA traded at that price.

Mr. Vyas sees the price rising to $5 in the next few years if the platform achieves all its development goals by developing network layers from the Bryon phase to the Voltaire phase. Cardano’s price is influenced by these types of things.

In an interview with Finance Magnate, Charles Hoskinson stated that the coin’s position in the market has been earned by popular opinion. He added that people take their bets, analyze the science, look at the platform’s team, look at the developments and progress made, and see how the firm is going about its business, and bet that Cardano is a contender. He further stated that in no time, the coin would be pound-for-pound better than the leading currencies.

It is worth noting that the ADA cryptocurrency has expanded so much during the last few years that it has many times surpassed Litecoin as one of the most valuable virtual currencies in the world.

However, ADA tends to follow the general market trend. This is why it is always important to follow the entire crypto market and understand how its price could be affected. Despite that, new and unique partnerships with other companies and firms will positively impact Cardano and the price of the ADA virtual currency.

Meanwhile, the expansion of the Cardano Price continues to attract new investors and help the entire ecosystem expand.

Technical Overview Of Cardano (ADA) Price Prediction

Source – ADA Price Overview From Digitalcoinprice

Despite facing some price rejection for some days now, around the region of $1.3 on December 9th, 2024, the price of Cardano has shown some strength, remaining bullish ahead of its rally in 2025. With the price of Cardano maintaining its trend, we could see more rallies to the upside in the coming months.

Cardano Price Prediction For Today, Tomorrow, And Next Week

Source – Cardano Price Prediction For Today, Tomorrow From TradingView

ADA bulls have demonstrated incredible strength following the sudden market dump. The price of ADA bounced off its key support of $0.9, corresponding with the 200-day EMA acting as support for price.

We could see the price of ADA rally to its yearly high of $1.3 and above as Cardano bulls would be looking to push the price higher ahead of the close of the year and a possible rally higher in 2025 to a high of $5 based on Cardano (ADA) price prediction from experts

Short-term Cardano (ADA) Price Prediction For 2024

Source – Cardano (ADA) Price Chart From TradingView

Cardano (ADA) has shown incredible strength. Bulls dominated its price after the U.S. post-election, as the price of ADA rallied from a region of $0.47 to a high of $1, creating much anticipation among traders and investors looking to explore its price action.

Higher timeframes, such as daily and weekly timeframes, confirm that Cardano’s (ADA) price is in an uptrend after facing a price decline in the major parts of 2024. With prices looking primed ahead of the 2024 calendar year, there are high chances of ADA rallying at $1.6.

The chart from Ali, a crypto analyst on X, suggests Cardano (ADA) could be gearing up for an incredible rally similar to 2017. The short-term target is expected to be around $1.6-$1.7 before some consolidation to bull buy orders.

Source – Ali ADA Chart on X

Cardano (ADA) Price Prediction 2025

Coincodex, Digitalcoinprice, Changelly, and other experts in the cryptocurrency space have all shared their speculation regarding Cardano (ADA) price prediction for 2025 as there have been high hopes of ADA price rallying to a high of $4-$5 in this bull market considering past historical bull cycles.

Cardano Price Prediction For 2025-2030

Year	Average Price	Lowest Price	Highest Price
2025	$2.25	$1	$3.5
2026	$1.57	$0.75	$2.4
2027	$2.95	$1.9	$4
2028	$4.65	$3.1	$6.2
2029	$8.15	$7.1	$9.2
2030	$11.4	$10.1	$12.7

Conclusion

Cardano has been progressing during the bear market on its technical roadmap and application to everyday use cases. With the bull market looking very promising for Cardano (ADA), we could see a price rally to new highs in the coming months, as investor support return and confidence in ADA would also heighten. As we have mentioned in this post, many things influence Cardano’s price, but it is imperative to do due diligence before investing in Altcoins.