Cardano made 1116.09% growth within seven years of launch and investors are wondering about Cardano price prediction. In this article, you will find technical analysis and discussions of Cardani price prediction for 2023, 2025, 2030, 2040, and 2050.
Here are the present market stats of Cardano to get a better understanding of the token:
| Ticker Name | Cardano (ADA) |
| Ticker Price (24-h) | $0.2639 (-1.20%) |
| Price Variation (7-d , 1-M) | 7.31% , 3.40% |
| Volume (24-h) | $204,346,925 (5.77%) |
| Market Cap | $9,275,378,873 (-1.24%) |
| Rank | #8 |
| Fear/Greed Index | 50 (Neutral) |
| Market Sentiment | 52% Bullish |
| All-time-high | $2.9593 (03/10/2021) |
| All-time-low | $0.2395 (13/03/2020) |
Cardano was created by the co-founder of Ethereum, Charles Hoskinson, as an alternative coin with fewer limitations. In terms of scalability, ADA shows great potential with 35,138,425,908 ADA (78.09%) in circulation. Check out the current market stats of Cardano for accurate results in your analysis.
Is Cardano a Good Investment?
Yes, Cardano is a good investment for 2023 and even after; as Cardano (ADA) made improvements to its network after a prolonged crypto winter. After updates, users get 24/7 chat support with open-source code for enhanced transparency. There are no doubts with security on Cardano ecosystem and you can stay worry-free while working on transactions and decentralized applications (dApps).
This feature-filled network is high on potential, but even so, technical analysis shows that the Relative Strength Index (RSI) reading in the past week has been in the neutral zone. There are no suggestions for divergence, and our predictions show that Cardano (ADA) can be a good investment in the long term.
Cardano Price History
Charles Hoskinson sparked the beginning of Cardano in 2015, and two years later, it launched with an ICO (Initial Coin Offering) of $0.0024. The concept of proof-of-stake or PoS had implementation in Cardano Network in its early phases.
Since 2017, Cardano (ADA) has witnessed quite a few movements, and here is a brief history of them.
| Date | Min Price | Max Price |
| Dec 2017 | $0.0991 | $0.7773 |
| Mar 2018 | $0.1270 | $0.3177 |
| Jun 2018 | $0.1146 | $0.2367 |
| Sep 2018 | $0.0617 | $0.1089 |
| Dec 2018 | $0.0273 | $0.0492 |
| Mar 2019 | $0.0397 | $0.0737 |
| Jun 2019 | $0.0776 | $0.1069 |
| Sep 2019 | $0.0239 | $0.0549 |
| Dec 2019 | $0.0308 | $0.0404 |
| Mar 2020 | $0.0291 | $0.0523 |
| Jun 2020 | $0.0697 | $0.0908 |
| Sep 2020 | $0.0758 | $0.1273 |
| Dec 2020 | $0.1274 | $.1961 |
| Mar 2021 | $0.9930 | $1.4731 |
| Jun 2021 | $1.0329 | $.8886 |
| Sep 2021 | $1.9232 | $2.9593 |
| Dec 2021 | $1.1878 | $1.7568 |
| Mar 2022 | $0.7819 | $1.2428 |
| Jun 2022 | $0.4234 | $0.5512 |
| Sep 2022 | $0.4264 | $0.5234 |
| Dec 2022 | $0.2403 | $0.3287 |
| Mar 2023 | $0.3512 | $0.3977 |
| Jun 2023 | $0.2304 | $0.3817 |
| Sep 2023 | $0.2376 | $0.2594 |
Fun fact: Cardano is named after Gerolamo Cardano, a polymath from 16th-century Italy. The token ADA is inspired by the first computer programmer from Britain, Ada Lovelace.
Cardano Price Prediction 2023 to 2050
| Year | Min Price | Avg Price | Max Price |
| 2023 | $0.2066 | $0.2487 | $0.4852 |
| 2024 | $0.4681 | $0.5480 | $0.7034 |
| 2025 | $0.5508 | $0.7486 | $1.2540 |
| 2026 | $0.7105 | $1.1403 | $1.8370 |
| 2027 | $0.9588 | $1.4607 | $2.4767 |
| 2028 | $1.2176 | $1.9340 | $3.3543 |
| 2029 | $1.7468 | $2.4678 | $3.9049 |
| 2030 | $2.2735 | $3.7035 | $4.1403 |
| 2035 | $2.6809 | $4.8065 | $5.4760 |
| 2040 | $3.2549 | $5.2052 | $6.1468 |
| 2045 | $3.8903 | $5.7403 | $6.7034 |
| 2050 | $4.7434 | $6.9045 | $8.6484 |
Cardano Price Prediction for 2023
Cardano price prediction forecasts a maximum value of $0.4852 for 2023. Technical analysis of Cardano (ADA) shows a gradual and slow rise possibility due to ‘buy’ indications from MACD and Momentum. In a bearish influence, prices can also drop to $0.2066 with average values around $0.2487. According to the present market, there are no hints of sudden divergences.
The network is coming up with a new update called “Hydra,” which is said to increase transaction speed. Such technologies that improve the functionality and service of the Cardano network are going to have a positive influence on its price in 2023. Study the roadmap of Cardano for further details.
Cardano Price Prediction for 2024
Price prediction of Cardano for 2024 suggests a continued upward trend till $0.7034. In bearish movement, numbers can also drop to a low of $0.4681. The growth of decentralized finance, or DeFi, is growing rapidly in popularity, and we expect to see its mark through the rise of the Cardano Network. Technical analysis implies a slightly bullish trend as it shows the ‘buy’ sign for Moving Average with Relative Strength Index (RSI) in ‘neutral’.
Cardano Network is already upgrading its DeFi services and strengthening its community, which is expected to grow even further by 2024. In a bullish trend, factors like this can help propel prices much higher than our predictions. Check out Cardano Forum for deeper insights into the token and its community.
Cardano Price Prediction for 2025
Forecast of Cardano price predicts prices between $1.2540 (high) and $0.5508 (low). Between 2024 and 2025, it is predicted that various turns will be made and ADA prices will reach an average price of $0.7486. There is a high chance of Cardano losing customers if they are not competitive enough, and Web3 world also might go through a transformation phase, affecting ADA prices on the way.
For the cryptocurrency to perform well, the Cardano network will also need to focus on its smart contracts and bug fixes. If the platform is well established for the users, adaptation, in the long run, will be much easier.
Cardano Price Prediction for 2030
Cardano price prediction for 2030 forecasts a maximum high of $4.1403, almost double the value of its present ATH of $2.9593. The ADA coin is expected to continue trailing downward in 2023, and a potential burst is predicted between 2026 and 2030. In case of a further fall, we might also see a low price of $2.2735. The team is expected to keep the flame of the community lit in the long term to sustain itself and reach its predicted potential.
Technical analysis for long-term suggests immense growth as all technicals including Relative Strength Index show ‘buy’ sign except MACD level. Moving Average of Cardano also suggests a strong growth and bull rallies are also predicted to play a part in it.
Cardano Price Prediction for 2040
Forecast for Cardano price in 2040 predicts a high and low value of $6.1468 and $3.2549 respectively. Within the current market sentiment, there is not enough trust in the Cardano Network, especially after its fall in recent times. But the token is recovering and if the right steps are taken, our predicted prices can be matched with ease.
However, by 2040, the market of Cardano can change altogether. Technical analysis of Cardano suggests a ‘buy’ indication for Moving Average and Momentum. Due to positive indications in the present market, average price of ADA is predicted to be around $5.2052.
Cardano Price Prediction for 2050
Cardani price prediction for 2050 suggests a maximum high of $8.6484 with average trading around $6.9045. In such a long period, various alterations are expected with market sentiment on the bullish end. Not all cryptocurrencies make it long-term, but it has happened in the case of Bitcoin, and Cardano also holds potential.
If the organization continues building its community and improving the network, by 2050, a new ATH can be marked at the maximum price and set new milestones for ADA. Forecasts suggest that in bearish trend, the lowest price of Cardano might be close to $4.7434.
Note: There are limited hints in the present market and real values can vary, so please do not consider any of the above predictions as financial advice.
Should I Buy Cardano?
Yes, you can buy Cardano with long-term goals as our predictions show that Cardano still has the potential to grow. The token is recovering after a massive drop and bullish reversal is highly anticipated.
However, no assurance can be made as we study supply demand, technical analysis, and fundamental analysis to make predictions, and they can change at any time. We suggest you always conduct research before making any investment decisions.
A Realistic Cardano Price Prediction
Realistic Cardano price prediction suggests that values can be found dropping even further if a price reversal is upcoming. Cardano has struggled to establish itself on cryptocurrency exchanges since April 2022. It has dropped from $1.213 and currently stands below the dollar mark. This tremendous drop raises the question of investment and we need to study the candlestick chart of Cardano for it.
In the past week, we can see downtrend resistance around $0.30, with a slight bearish trend. Five out of seven candles are in the red and at this rate, ADA is predicted to reach $0.3221 by the end of 2023. In the worst case of plummeting prices, the Cardano coin can be found trading around $0.1825. Even the On-Balance Volume is downward, further showing that bull movement at this point is highly unlikely. From a realistic perspective, Cardano Network needs to make massive changes to bring profits to its investors, and it can be a long wait.
Frequently Asked Questions
Can Cardano reach $100?
No, in a realistic world, Cardano can never reach $100 as the prices of Cardano (ADA) are currently not even close to $1, and to reach $100, a massive jump is required, which is not expected in the near future.
Can Cardano reach $10?
Yes, Cardano can reach $10 if the team makes the necessary moves. However, according to our predictions, it will be at least 2050 and significant resistance will come across in such a far stretched period. So, invest in ADA only after conducting deep research on the token.
Will Cardano recover?
Yes, Cardano is predicted to recover completely after 2025 after having a dip between 2023 and 2024 where average prices are forecasted at $0.5480. If bullish trends set in before this year, we might also witness such happening a little earlier.
Cardano where to buy?
You can buy Cardano from any cryptocurrency exchange like Binance or Coinbase after connecting your cryptocurrency wallet. Deposits on the wallet can be made through credit card, debit card or bank transfer and you are all set to start trading Cardano.
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