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Market Cap
$ 17,154,059,338
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Total Volume
$ 355,624,225
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24 Hour
-0.11%
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7 Day
6.08%
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Cardano Price Prediction: 2024, 2025, 2030

Cardano price prediction, ADA’s price has dumped by -0.11% in the last 24 hours.
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Cardano
Price Prediction
Cardano, ADA could hit $1.20 in 2024
Cardano’s price prediction for the most bearish scenario will value ADA at $0.38 in 2024.
Cardano’s previous All Time High was on 2 September 2021 where ADA was priced at $3.09.

Cardano’s price at the same time last week was $0.42. It has moved by 6.08 % in the past week and is currently at $0.48. Infact, in the past 24 hours, ADA has dumped by -0.11 %. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and ADA could hit $2.50 in 2025.

The total circulating supply of Cardano as of writing this article was $35357160761.54 and the marketcap of ADA remains at $17,154,059,338

Disclaimer

For some coins with little to no data points and inexistent historical data the model by default will show a positive price prediction. There is no way for our AI bot to decipher whitepaper, tokenomics and team integrity. The coin's price that you are about to see below can fall drastically depending on many factors, so please invest wisely after checking the team and project's whitepaper. This current price prediction is done by a machine crunching numbers and the model is still in the early beta stages. It should strictly not be taken as an investment advice. Although the best engineers are currently tweaking and updating the algorithm, no human has verified the price predicted below, so please use your discretion and make a decision wisely.

ADA price prediction: Key highlights

 

1. Primary support and resistance levels

  • The analysis of the weekly time frame highlighted the lowest support level to be $0.24.
  • ADA can likely encounter significant resistance at a high point of $1.2.

2. Market sentiment

  • In May 2024, the market is seen to be witnessing a bearish momentum.

3. Predictive forecasts

  • Our AI/ML prediction algorithms forecast ADA’s average price to exceed $15 in 2028 and $130 in 2031.

Given below is an extensive weekly technical analysis of ADA, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models: 

 

ADA technical analysis: Threat of increased losses lingers

 

Throughout 2023, ADA faced significant challenges amidst a grim market landscape. Cardano's price prediction for 2024 began with a downtrend, which led to it dropping below $0.35 in June. Simultaneously, the asset found footing on the lowest support level of $0.24.
 

The bulls tried to elevate the price in mid-June. These efforts culminated in mid-July as ADA tested the support-turned-resistance at $0.35. Nonetheless, the rally lacked the momentum to sustain.
 

By mid-August, the altcoin had returned to its lowest support level. A stronger rally in mid-October propelled the price above $0.35 in mid-November. This was followed by a major price pump in December, which led the price to test resistance at $0.62. After a month-long test, this rally was rejected in January. This was indicative of a price correction following an overvalued market.

 

Following this, the price struggled to stabilize over $0.50, fluctuating around it until early February. Throughout February, ADA experienced consistent buying pressure, pushing its price to retest $0.62 and reclaim it as the month ended. 

 

Concurrently, ADA established a new resistance level at $0.75. The price was yet again rejected from this level. Moreover, the downtick was amplified due to the bearish crash in April, pushing ADA decisively below $0.50. At the time of writing, the asset traded at $0.43
 

According to a recent AMBCrypto article, the number of ADA whales, who held between 100 million and 1 billion ADA coins, surged by 29% in the last 30 days. Despite this, the price action remained unaffected.

 

AMBCrypto's analysis suggested that the token may continue to face losses, primarily due to low demand. Although development activity remained high, other key metrics, such as daily active addresses and Social Volume, have been declining since mid-March. 
 

Additionally, the Weighted Sentiment was observed to be negative for much of the past six weeks. While a Bitcoin (BTC) breakout could potentially stop or reverse the downtrend, the current evidence did not support a bullish outlook for the token.
 

Given that, the key support at $0.42 appeared to be on the bears’ radar, with the price inching closer to it. If the selling pressure increases, ADA might find itself moving closer to $0.35. While a break below this level can even see it go back to the lowest support.
 

In a probable bullish scenario, ADA might experience significant liquidations around the $0.62 and $0.75 price levels. To reach the critical $1 mark, overcoming these levels would be necessary. If the upward momentum persists, the $1 and $1.2 levels emerge as the subsequent high-time-frame (HTF) resistances to watch.
 

Continued optimism within the Cardano community and the broader market could be key to ADA's potential to make new highs. Projections from our models suggest that ADA could be traded at an average price of over $15 in 2028. The number is expected to increase further to $130 in 2031.

 

ADA's 2024 roadmap: Key indicators to watch and trade

  • The trading volume mirrored price actions, with significant increases observed during rallies. Similarly, drops in volume followed the dips in the price, signaling the recent lack of conviction among investors. 
  • The Relative Strength Index (RSI) remained below the 50 mark until the end of October. From then on, it began rising, entering the overbought region in December with a peak at 82.17.
  • After a brief drop in the new year, the indicator re-entered this territory by the end of February, only to move below again in March and continue descending. It fell back below 50 in April. As the analysis concluded, the RSI registered at 42.10. This indicated a reversal to bearish conditions. 
  • The Bollinger Bands experienced a slight expansion as the price candles dipped slightly below the lower band in June. Towards the end of October, the bands began to expand again, with the price moving above the upper band
  • This expansion intensified towards the end of November, as the price consistently breached the upper band throughout December before eventually declining. Between February and early March, this pattern repeated, signaling moderate overvaluation.
  • The price fell below the 20-week Moving Average (MA) in mid-May and recovered above it towards the end of October. Due to the recent price dip, the price found itself again below this MA and remained there by the end of the analysis period. It was reflective of increased selling sentiment in the market.
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Cardano Price Prediction

Cardano has had an eventful 2023. To simplify the latest ADA price prediction, we have divided up the prediction by short term Cardano price prediction and long term Cardano price prediction. As of writing this article, ADA had a trading volume of 355,624,225. Cardano has gone down by -4.75% in the past 30 days.

According to our analysis in the short term, Cardano price prediction for July 2024 shows the average price of ADA at 0.73 and the highest possible price for July 2024 would be $0.78.

Further, according to our analysis in the long term, Cardano price prediction for November 2024 shows the average price of ADA at 0.91 and the highest possible price for November 2024 would be $0.97.

Cardano's Short Term Price Prediction

DateAvg PriceLowest PriceHighest Price
23 May 2024$0.49$0.45$0.52
24 May 2024$0.49$0.46$0.53
25 May 2024$0.5$0.46$0.53
26 May 2024$0.51$0.47$0.55
31 May 2024$0.54$0.5$0.57
5 June 2024$0.57$0.53$0.61
15 June 2024$0.67$0.63$0.72
July 2024$0.73$0.68$0.78
August 2024$0.78$0.72$0.83
September 2024$0.82$0.76$0.88
October 2024$0.86$0.8$0.92
November 2024$0.91$0.84$0.97
December 2024$0.95$0.88$1.02

Cardano price prediction 23 May 2024: Cardano's price for 23 May 2024 according to our analysis should range between $0.45 to $0.52 and the average price of ADA should be around $0.49.

Cardano price prediction 24 May 2024: Cardano's price for 24 May 2024 according to our analysis should range between $0.46 to $0.53 and the average price of ADA should be around $0.49.

Cardano price prediction 25 May 2024: Cardano's price for 25 May 2024 according to our analysis should range between $0.46 to $0.53 and the average price of ADA should be around $0.5.

Cardano price prediction 26 May 2024: Cardano's price for 26 May 2024 according to our analysis should range between $0.47 to $0.55 and the average price of ADA should be around $0.51.

Cardano price prediction 31 May 2024: Cardano's price for 31 May 2024 according to our analysis should range between $0.5 to $0.57 and the average price of ADA should be around $0.54.

Cardano price prediction 5 June 2024: Cardano's price for 5 June 2024 according to our analysis should range between $0.53 to $0.61 and the average price of ADA should be around $0.57.

Cardano price prediction 15 June 2024: Cardano's price for 15 June 2024 according to our analysis should range between $0.63 to $0.72 and the average price of ADA should be around $0.67.

Cardano price prediction July 2024: Cardano's price for July 2024 according to our analysis should range between $0.68 to $0.78 and the average price of ADA should be around $0.73.

Cardano price prediction August 2024: Cardano's price for August 2024 according to our analysis should range between $0.72 to $0.83 and the average price of ADA should be around $0.78.

Cardano price prediction September 2024: Cardano's price for September 2024 according to our analysis should range between $0.76 to $0.88 and the average price of ADA should be around $0.82.

Cardano price prediction October 2024: Cardano's price for October 2024 according to our analysis should range between $0.8 to $0.92 and the average price of ADA should be around $0.86.

Cardano price prediction November 2024: Cardano's price for November 2024 according to our analysis should range between $0.84 to $0.97 and the average price of ADA should be around $0.91.

Cardano price prediction December 2024: Cardano's price for December 2024 according to our analysis should range between $0.88 to $1.02 and the average price of ADA should be around $0.95.

Cardano's Long Term Price Prediction

Cardano’s long term Price Prediction below is a look at ADA’s future prospect with regards to price. Cardano was last seen at $0.48, with a market cap of $17,154,059,338 and trading volumes of $355,624,225. ADA’s price prediction is possible by analyzing historical price action, current developments and social sentiment from the community.

YearsAvg PriceLowest PriceHighest Price
2024$0.99$0.79$1.20
2025$2.09$1.67$2.50
2026$4.37$3.49$5.24
2027$9.13$7.31$10.96
2028$19.10$15.28$22.93
2029$39.97$31.97$47.96
2030$83.61$66.89$100.33
2031$174.91$139.93$209.89
2032$365.91$292.73$439.09
2033$765.48$612.38$918.57
2035$3350.05$2680.04$4020.05

Cardano price prediction 2024: Cardano's price for 2024 according to our analysis should range between $0.79 to $1.20 and the average price of ADA should be around $0.99.

Cardano price prediction 2025: Cardano's price for 2025 according to our analysis should range between $1.67 to $2.50 and the average price of ADA should be around $2.09.

Cardano price prediction 2026: Cardano's price for 2026 according to our analysis should range between $3.49 to $5.24 and the average price of ADA should be around $4.37.

Cardano price prediction 2027: Cardano's price for 2027 according to our analysis should range between $7.31 to $10.96 and the average price of ADA should be around $9.13.

Cardano price prediction 2028: Cardano's price for 2028 according to our analysis should range between $15.28 to $22.93 and the average price of ADA should be around $19.10.

Cardano price prediction 2029: Cardano's price for 2029 according to our analysis should range between $31.97 to $47.96 and the average price of ADA should be around $39.97.

Cardano price prediction 2030: Cardano's price for 2030 according to our analysis should range between $66.89 to $100.33 and the average price of ADA should be around $83.61.

Cardano price prediction 2031: Cardano's price for 2031 according to our analysis should range between $139.93 to $209.89 and the average price of ADA should be around $174.91.

Cardano price prediction 2032: Cardano's price for 2032 according to our analysis should range between $292.73 to $439.09 and the average price of ADA should be around $365.91.

Cardano price prediction 2033: Cardano's price for 2033 according to our analysis should range between $612.38 to $918.57 and the average price of ADA should be around $765.48.

Cardano price prediction 2035: Cardano's price for 2035 according to our analysis should range between $2680.04 to $4020.05 and the average price of ADA should be around $3350.05.

Similar Long Term Price Predictions

A Historical look at Cardano, ADA’s price

ADA/USD Pair

ADA
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USD
22 May 2021
1.55
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ADA
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USD
22 May 2022
0.52
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34.22
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ADA
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USD
22 May 2023
0.36
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68.2
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ADA
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USD
23 May 2024
0.48
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134.51
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ADA/Euro Pair

ADA
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EUR
22 May 2021
1.27
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ADA
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EUR
22 May 2022
0.5
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39.45
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ADA
compare-icon
EUR
22 May 2023
0.33
signal-icon
66.59
trend-icon
ADA
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EUR
23 May 2024
0.44
signal-icon
134.39
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FAQs about Cardano

What is the price of Cardano as of today 23 May 2024?

Cardano’s current price is $0.48 and witnessed a -0.11% decrease in the past 24 hours. ADA/BTC pair saw a -0.03% decrease in the past 24 hours

Is ADA a good investment?

Investing in Cardano, ADA will purely depend on your personal risk appetite. As you can see over the past 24 hours Cardano’s price has witnessed a -0.11% decrease and over the past 30 days Cardano has decrease by -4.75%. So it all depends on if this investment will hit your trading goals.

How high can Cardano’s price go this year in 2024?

According to our latest Cardano Price prediction for 2024, ADA should vary between $1.20 and $0.79. Please keep in mind that the crypto market is very volatile and this Cardano price prediction does not account for extreme wild swings in price.

How much will the Cardano be worth in 2024 ?

As per the Cardano price prediction 2024 model above, ADA’s price for May 2024 should range between $0.79 to $1.20 with the average price for May being $0.99

How much will Cardano be worth in 2025?

According to the Cardano Price Prediction model above, ADA’s price in 2025 would be $2.09. This price would however would range from $2.50 and $1.67.

How much will Cardano be worth in 2026?

According to the Cardano Price Prediction model above, ADA’s price in 2026 would be $4.37. This price would however would range from $5.24 and $3.49.

How much will Cardano be worth in 2027?

According to the Cardano Price Prediction model above, ADA’s price in 2027 would be $9.13. This price would however would range from $10.96 and $7.31.

How much will Cardano be worth in 2028?

According to the Cardano Price Prediction model above, ADA’s price in 2028 would be $19.10. This price would however would range from $22.93 and $15.28.

How much will Cardano be worth in 2029?

According to the Cardano Price Prediction model above, ADA’s price in 2029 would be $39.97. This price would however would range from $47.96 and $31.97.

How much will Cardano be worth in 2030?

According to the Cardano Price Prediction model above, ADA’s price in 2030 would be $83.61. This price would however would range from $100.33 and $66.89.

How much will Cardano be worth in 2031?

According to the Cardano Price Prediction model above, ADA’s price in 2031 would be $174.91. This price would however would range from $209.89 and $139.93.

How much will Cardano be worth in 2032?

According to the Cardano Price Prediction model above, ADA’s price in 2032 would be $365.91. This price would however would range from $439.09 and $292.73.

How much will Cardano be worth in 2033?

According to the Cardano Price Prediction model above, ADA’s price in 2033 would be $765.48. This price would however would range from $918.57 and $612.38.

How much will Cardano be worth in 2035?

According to the Cardano Price Prediction model above, ADA’s price in 2035 would be $3350.05. This price would however would range from $4020.05 and $2680.04.

What was the highest price of Cardano?

The highest price for Cardano was recorded in 2 September 2021 during which ADA hit an All Time High of $3.09

What is the price of 1 Cardano?

The price of 1 Cardano according to current market rate is $0.48