Cardano price change depends on whether the developers succeed in fulfilling the roadmap and expanding the network. However, do not assume that Cardano price entirely relies upon the success of the development team.
The volatility of the cryptocurrency market also leaves its mark on the Cardano ADA price. Bitcoin correction is still the main factor anyway.
In today's Safetrading review, experts have collected a great variety of Cardano price predictions. Each forecast offers a clear rationale for the Cardano price change.
In addition, you will learn about the steps that developers need to follow for the coin to reach its peak price.
The whole point of Cardano price predictions is to understand how much the ADA coin price can change in the foreseeable future and whether it is worth investing in an asset right away.
Safetrading offers knowledge retrieved from authoritative crypto sources, including:
- ADA coin price historical overview
- ADA Cardano news
- Cardano price prediction 2021
- Cardano ADA price 2022
- Cardano cryptocurrency 2023
- Cardano ADA price prediction 2024
- Ada price prediction 2025-2032
Currently, most of the analysts who create Cardano price predictions argue that the ADA coin price could cross the $5 threshold. In the meantime, crypto enthusiasts believe that the Cardano ADA price could easily hit $100 in the next ten years.
Let's figure out what ADA price predictions are offered by crypto experts and explain them in terms of the current Cardona price trends.
What Is Cardano Anyway?
Before we get into Cardano price predictions, let's understand what influenced the ADA coin price.
Perhaps we should go back to basics. So, Cardano is a 3rd generation crypto coin that was released in 2017. Its technology is based on the work of BTC and ETH.
More importantly, Cardano is truly a long-term investment. Its technology has long-term scalability prospects.
Even though Cardano has not yet reached the peak of its popularity, the ADA Cardano price has enormous growth potential. Meanwhile, many experts who analyze the ADA Cardano news claim that the Cordano price will witness lots of new corrections.
The main reason lies in the high volatility of the crypto market. Of course, BTC price predictions also have a significant impact on the formation of the Cordano price.
To answer what the ADA coin price may be this year, you need to analyze changes in the asset cost from a historical perspective.
Historical Cardano Price Movements
Recall that the Cardano ADA price in 2019 was only 10 cents. However, the asset price almost doubled and reached 19 cents in Q4 2020.
If you pay attention to the Cardano price charts during 2021, it becomes evident that the coin has been actively developing, and its price has grown exponentially.
The bullish moods in the crypto market significantly impacted further ADA price predictions during Q1-Q2 2021. As a result, the Cardano price peaked at $2.46 in May.
Cardano Coin Price Predictions 2021: Sound Very Optimistic
Cardano price is struggling to stay over the support line. Next, even a minor pullback can radically affect the decline in the Cardano ADA price.
Seasoned investors have taken a wait-and-see attitude and are looking for Cardamo to overcome critical demand barriers and demonstrate a positive ADA coin price trend.
Since July 20, 2001, the Cardano ADA price has risen 37%. However, the ADA Cardano price could never overcome its all-time high, recorded in May of the same year.
Someone may think that the bears managed to cool down the Cardano ADA price and lower it down towards the support line. Perhaps the Cardano price low high is evidence of an impending correction that the coin will face after a prolonged exponential rally.
Analysts also did not disregard the Momentum Reversal Indicator (MRI). It highlighted a sell signal by forming a single red candlestick on the 6-hour chart. This arrangement assumes that further correction can lower the coin price from 1 to 4 candles regardless of ADA coin price predictions.
Also, do not lose sight of the fact that a drop in trading volume and an increased volume of asset sales may lead to a further decrease in the ADA coin price below the Fibonacci 5% level. Simply put, the ADA Cardano price may not reach $1,251.
Some Cardano price predictions argue that increased pressure around a price hitting a resistance line could greatly boost an uptrend. If so, Cardano ADA could test new price horizons in the $1.44 to $1.50 range.
Based on the current ADA Cardano news, crypto experts suggest that Cardano cryptocurrency is in a calm and optimistic tide.
However, if Cardano price breaks the resistance line and rises above $1.251, then the consequences can develop in the best possible way. Further growth in the Cardano ADA price will put even more pressure on buyers. Perhaps the market will witness price corrections in the range of $1.195 and $1.149.
If the bears continue to put pressure on the market and the Cardano price demand drops below $1,149, then the so-called "Ethereum killer" will face a further drop in prices. Such a trend will instantly wipe out all optimistic Cardano price predictions.
ADA Price Prediction 2021 by longforecast
The Safetrading team has analyzed dozens of Cardano price predictions and invites you to look at forecasts from the most reputable experts, including longforecast.com.
Here's a quick breakdown of potential price changes through the end of 2021.
BRIEF DATA FOR 2021
Month
|
Open
|
Low-High
|
Close
|
Mo,%
|
Total,%
|
Aug
|
1.32
|
1.26-1.81
|
1.69
|
28.0%
|
28.0%
|
Sep
|
1.69
|
1.54-2.10
|
1.96
|
16.0%
|
48.5%
|
Oct
|
1.96
|
1.74-2.00
|
1.87
|
-4.6%
|
41.7%
|
Nov
|
1.87
|
1.46-1.87
|
1.57
|
-16.0%
|
18.9%
|
Dec
|
1.57
|
1.57-1.95
|
1.82
|
15.9%
|
37.9%
|
Cardano Price Prediction Aug 2021: ADA to $
The Cardano ADA price could be $1.32 in August. In the meantime, the minimum value may reach $1.26, and the maximum will be $1.89. According to
ADA price predictions given by the crypto specialists, the ADA coin price can be $1.51 – on average. The approximate change in the cost of the Cardano ADA coin for August may be 14.4%.
Cardano Price Prediction September 2021: ADA to $
The Cardano ADA price could be $1.51 in September. In the meantime, the minimum value may reach $1.28, and the maximum will be $1.79. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $1.56 – on average. The approximate change in the cost of the Cardano ADA coin for September may be 10.6%.
Cardano Price Prediction October 2021: ADA to $
The Cardano ADA price could be $1.67 in October. In the meantime, the minimum value may reach $1.48, and the maximum will be $1.70. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $1.61 – on average. The approximate change in the cost of the Cardano ADA coin for October may be -4.8%.
Cardano Price Prediction November 2021: ADA to $
The Cardano ADA price could be $1.59 in November. In the meantime, the minimum value may reach $1.25, and the maximum will be $1.59. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $1.44 – on average. The approximate change in the cost of the Cardano ADA coin for November may be -15.7%.
Cardano Price Prediction December 2021: ADA to $
The Cardano ADA price could be $1.34 in December. In the meantime, the minimum value may reach $1.34, and the maximum will be $1.66. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $1.55 – on average. The approximate change in the cost of the Cardano ADA coin for December may be -15.7%.
ADA price prediction 2022
BRIEF DATA FOR 2022
Month
|
Open
|
Low-High
|
Close
|
Mo,%
|
Total,%
|
Jan
|
1.82
|
1.82-2.21
|
2.07
|
13.7%
|
56.8%
|
Feb
|
2.07
|
1.79-2.07
|
1.93
|
-6.8%
|
46.2%
|
Mar
|
1.93
|
1.93-2.40
|
2.24
|
16.1%
|
69.7%
|
Apr
|
2.24
|
2.24-2.78
|
2.60
|
16.1%
|
97.0%
|
May
|
2.60
|
2.58-2.96
|
2.77
|
6.5%
|
110%
|
Jun
|
2.77
|
2.77-3.43
|
3.21
|
15.9%
|
143%
|
Jul
|
3.21
|
2.79-3.21
|
3.00
|
-6.5%
|
127%
|
Aug
|
3.00
|
2.34-3.00
|
2.52
|
-16.0%
|
90.9%
|
Sep
|
2.52
|
2.10-2.52
|
2.26
|
-10.3%
|
71.2%
|
Oct
|
2.26
|
2.26-2.80
|
2.62
|
15.9%
|
98.5%
|
Nov
|
2.62
|
2.62-3.17
|
2.96
|
13.0%
|
124%
|
Dec
|
2.96
|
2.96-3.67
|
3.43
|
15.9%
|
160%
|
Cardano Price Prediction January 2022: ADA to $
The Cardano ADA price could be $1.55 in January. In the meantime, the minimum value may reach $1.55, and the maximum will be $1.88. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $1.69 – on average. The approximate change in the cost of the Cardano ADA coin for January may be -13.5%.
Cardano Price Prediction February 2022: ADA to $
The Cardano ADA price could be $1.76 in February. In the meantime, the minimum value may reach $1.53, and the maximum will be $1.67. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $1.67 – on average. The approximate change in the cost of the Cardano ADA coin for February may be -6.8%.
Cardano Price Prediction March 2022: ADA to $
The Cardano ADA price could be $1.64 in March. In the meantime, the minimum value may reach $1.64, and the maximum will be $2.03. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $1.80 – on average. The approximate change in the cost of the Cardano ADA coin for March may be 15.9%.
Cardano Price Prediction April 2022: ADA to $
The Cardano ADA price could be $1.90 in April. In the meantime, the minimum value may reach $1.90, and the maximum will be $2.35. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $2.09 – on average. The approximate change in the cost of the Cardano ADA coin for April may be 15.8%.
Cardano Price Prediction May 2022: ADA to $
The Cardano ADA price could be $2.20 in May. In the meantime, the minimum value may reach $2.18, and the maximum will be $2.50. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $2.31 – on average. The approximate change in the cost of the Cardano ADA coin for May can reach 6.4%.
Cardano Price Prediction June 2022: ADA to $
The Cardano ADA price could be $2.34 in June. In the meantime, the minimum value may reach $2.34, and the maximum will be $2.90. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $2.57 – on average. The approximate change in the cost of the Cardano ADA coin for June can reach 15.8%.
Cardano Price Prediction July 2022: ADA to $
The Cardano ADA price could be $2.71 in July. In the meantime, the minimum value may reach $2.35, and the maximum will be $2.71. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $2.58 – on average. The approximate change in the cost of the Cardano ADA coin for July can reach -6.6%.
Cardano Price Prediction August 2022: ADA to $
The Cardano ADA price could be $2.53 in August. In the meantime, the minimum value may reach $1.98, and the maximum will be $2.53. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $2.29 – on average. The approximate change in the cost of the Cardano ADA coin for August can reach -15.8%.
Cardano Price Prediction September 2022: ADA to $
The Cardano ADA price could be $2.13 in September. In the meantime, the minimum value may reach $1.78, and the maximum will be $2.13. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $1.99 – on average. The approximate change in the cost of the Cardano ADA coin for September can reach -10.3%.
Cardano Price Prediction October 2022: ADA to $
The Cardano ADA price could be $1.91 in October. In the meantime, the minimum value may reach $1.91, and the maximum will be $2.38. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $2.11 – on average. The approximate change in the cost of the Cardano ADA coin for October can reach 16.2%.
Cardano Price Prediction November 2022: ADA to $
The Cardano ADA price could be $2.22 in November. In the meantime, the minimum value may reach $2.22, and the maximum will be $2.69. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $2.41 – on average. The approximate change in the cost of the Cardano ADA coin for November can reach 13.1%.
Cardano Price Prediction December 2022: ADA to $
The Cardano ADA price could be $2.51 in December. In the meantime, the minimum value may reach $2.51, and the maximum will be $3.11. According to ADA price predictions given by the crypto specialists, the ADA coin price can be $2.76 – on average. The approximate change in the cost of the Cardano ADA coin for December can reach 15.9%.
ADA price prediction 2021-2022 by Coin Forecast
Cardona price kicked off 2021 with a $0.18 price tag. Currently, it trades at $1.24. In other words, the growth of the Cordano price was 589%. According to
Cardano predictions by coin forecast, the Cardano future price could be $2.36 in Q4 2021. The total change, in this case, will reach + 1206% on an annualized basis.
The Cardano crypto price prediction indicates the price of the coin in 2022 may rise to $3.42 in Q1. Still, the successful development of ADA technology may result in $4.45 by the end of 2022.
ADA price prediction 2023-2027 by Coin Forecast
The Cardano ADA price could be in the $4.45 to $10.27 range over the coming five-year period. A more detailed ADA coin price prediction indicates that the coin's price will start to rise from $4.45 in 2023. Next, it will gradually increase towards the end of the year.
The specialists believe that the Cardona price could reach $6.43 in Q4 2023. Based on today's prices, the coin could rise by + 417%.
ADA Price Prediction 2028-2032 by Coin Forecast
The Cardano price may surprise HODLers with even more astounding increases in the $10.27 to $16.70 range during this period. Meanwhile, the cost of the coin could be $10.27 - $10.93 in Q1 2028. Meanwhile, Q4 2028 may surprise us with a price of $11.59 or even higher.
Summary
After examining numerous Cardano ADA price forecasts, Safetrading concluded that the price would mainly depend on the success of the technology development. It should be borne in mind that ADA competes with Ethereum and offers almost identical features. The only advantage of the coin is the broad scope for expansion.
Note that these forecasts are recommendations only. The volatility of the crypto market can make adjustments to the price of an asset at any time. Therefore, be especially careful and follow the ADA Cardano news to stay updated on the most important events.