Every day, crypto news outlets churn out “expert” predictions, wild forecasts, niche technical analyses, or just plain speculation – sometimes bordering on astrology – about where crypto prices are headed. It’s a relentless stream of noise, and frankly, we’ve had enough. So, for your amusement, we’ve rounded up all the latest Cardano (ADA) price predictions from the past moth. Brace yourself – you’re in for a ride.
The Positive Predictions
If you’re a Cardano holder, good news! According to Bravenewcoin, analysts predict Cardano could hit $0.50 this month. Not impressed? How about Cryptopolitan, which boldly states ADA will reach $0.75 before the year ends? If that’s still not enough to make you HODL, World of Charts goes all in with a $1 price target, based on a wedge pattern – a modest 180% increase.
But why stop there? TheStreet has even grander visions, suggesting Cardano could see a 6-7x surge due to the RSI indicator, impending Fed rate cuts, and the launch of Snake.Fun. They claim we might be on the verge of another 2020-style mega rally. And if you’re still not sold, “Discover Crypto” predicts ADA will hit $5, driven by technical indicators and ecosystem developments.
Still not wild enough for you? Dan Gambardello has got your back with a $15 price prediction, although he warns there’ll be a few bull traps along the way. But for the truly optimistic, Fiery Trading is eyeing $40. However, the crown goes to Aryan, who’s confident Cardano could hit $75 if Bitcoin rallies to $500,000 (but don’t worry, the article mentions $5-$10 as more “realistic”).
The Bearish Predictions
Most predictions lean positive, because, well, that’s what gets clicks. But we managed to find some doom-and-gloom scenarios too. After previously publishing a prediction a $40 ADA, Coingape appears to have lost faith, now citing three reasons why Cardano might drop to $0.20. Adam Back wasn’t shy about a potential 90% drop either, in response to Charles Hoskinson’s not-so-positive take on Bitcoin. And of course, you’ve got the usual crowd claiming Cardano is already dead.
The Completely Nonsensical Predictions
Some of the predictions above might at least attempt to justify themselves with historical patterns, technical indicators, or news events. But then there are forecasts that simply defy all logic. Case in point: Forbes published a Cardano price prediction for 2030. Yes, 2030. And they’re not the only ones.
Predicting anything six years into the future doesn’t make sense when you consider that back in 2018, many important projects like Solana, AVAX, SHIB, and LINK didn’t even exist. Moreover, coins like USDC and Toncoin were barely off the ground, and now they’re more valuable than ADA. Outside of crypto coins, we can expect a lot of other things to happen in a six years, such as economic slowdowns and expansions, bull runs and bear runs, and of course another halving.
But wait, there’s more! Coincodex decided to outdo everyone by offering Cardano price predictions through to 2050. We’ll be honest: trying to predict the price of anything 26 years from now, in a world where even the value of $1 could drastically change due to inflation, is just plain absurd.
The “Invest in My Scamcoin” Predictions
And finally, we’ve got the “Cardano is dead, buy [insert shady presale memecoin here]” predictions. These are the sponsored articles that pop up everywhere, touting the next big thing with “quadrillion percent ROI.” We’ve seen a flood of these lately, particularly for a token called MPEPE (spoiler: it’s likely a scam). These articles are essentially meaningless – designed solely to convince you that the shiny new coin they’re pushing is the future, while everything else fades into oblivion.
So, Which Prediction is Correct?
None of them. Seriously.
Predicting the price of an asset – especially in crypto – is a fool’s errand. If it were possible, we’d all be millionaires by now. Sure, short-term speculation based on technical indicators, sentiment, and market momentum can sometimes work, but even then, it’s often wrong.
These flashy predictions promising outrageous gains draw attention because every crypto holder secretly hopes they’ll come true. Investors love reading about the potential for their favorite coins to soar. On the flip side, bearish predictions grab eyeballs when prices dip or stagnate, as worried investors scramble to find out if they should bail.
But we hope you see through the noise. Most of these predictions are based on little more than vague trends and attention-grabbing numbers. A truly credible expert won’t promise the moon – they’ll offer grounded analysis, facts, and reasoned short-term expectations. Not fairy tales about $500,000 Bitcoin and $75 ADA.
In the end, what even makes someone a crypto “expert” anyway?
