Cardano (ADA), the eighth-largest cryptocurrency by market cap, has experienced a notable 96.14% surge over the past year.
While currently trading at $0.6187, its recent growth has fueled community hopes for a further climb toward its previous all-time high (ATH) of $3.10. To understand potential future price movements, we’ll explore the latest predictions from Changelly experts.
Read Also: Cardano (ADA) Price Records Sudden Breakthrough. What’s Next? Details
According to experts from Changelly, a renowned cryptocurrency exchange, the average ADA price in December 2023 is expected to be $0.529, with a minimum and maximum price range of $0.481 and $0.577, respectively. This prediction suggests a moderate downward trend for ADA before the end of the year.
Looking ahead to 2024, Changelly expects the decline to continue. Changelly forecasts an average trading price of $0.581, with a minimum of $0.205 and a maximum of $0.393. The average is slightly higher than 2023, but not up to the current price. This prediction is unusual because of the major surges expected after the Bitcoin halving next year.
Cardano (ADA) at $1.16, $2.35, $4.70, $$7.16
By 2025, the Cardano price predictions become even more bullish. Changelly expects the minimum price to reach $0.9720, while the maximum could climb to $1.16. The average trading price predicted is $1.01, suggesting a strong upward trajectory for ADA.
The years 2026 and 2027 continue to paint a positive picture for Cardano. Changelly experts predict an average trading price of $1.41 and $1.93, respectively, with minimum prices of $1.36 and $1.87 and maximum prices of $1.69 and $2.35. This prediction indicates a steady and consistent increase in the value of ADA.
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2028 and 2029 are expected to be breakout years for Cardano. Changelly experts predict an average trading price of $2.80 and $4.19, respectively, with minimum prices of $2.72 and $4.05 and maximum prices of $3.32 and $4.70. This prediction will see ADA finally breach its all-time high.
Read Also: Based On Bitcoin Halving and A Key Factor, Analyst Predicts 2,700% Cardano (ADA) Rally To $11
Finally, looking to 2030, Changelly predicts an average trading price of $6.33, with a minimum of $6.16 and a maximum of $7.16. This prediction shows a remarkable increase from the current price and indicates a strong belief in the long-term potential of Cardano.
It is important to remember that these are just predictions, and the actual price of ADA could be significantly higher or lower. However, these forecasts provide valuable insights into the potential future of the digital asset.
Meanwhile, Google Bard, a popular AI chatbot, also recently predicted Cardano’s price for the start of 2024, and these predictions can help investors make informed decisions. However, this insight is not to be treated as financial advice. It’s important to do your own research (DYOR) before investing in any cryptocurrency, including Cardano (ADA).
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