With many assets in the cryptocurrency market resuming their bullish trading trend alongside the sector’s representative, Bitcoin (BTC), Cardano (ADA) is doing the same, and finance experts have shared their views regarding Cardano price prediction for the end of this year.
Indeed, since the year’s turn, Cardano has accumulated a price increase of over 15%, which might not be that impressive when compared to some others but, nonetheless, demonstrates the continuous strength of the eighth-largest crypto asset by market capitalization.
Cardano price prediction. Source: Finder
#3 Ben Armstrong a.k.a BitBoy Crypto: $11
Earlier this year, Ben Armstrong, a.k.a BitBoy Crypto, has shared his own Cardano price prediction that sees it ranging from a bearish scenario of $1.75 to an optimistic $18 by the end of 2024, with a realistic expectation of $11, according to his video from January 2024. As he highlighted:
“I think we’re going to see much more steady growth in the Cardano ecosystem and it will really surprise a lot of people. I can realistically see ADA reaching as high as $11. (…) This is how I project things happening if Cardano basically mimics the previous run in 2021 where it climbed from under 5 cents to nearly $3.”
Cardano price analysis
For now, Cardano is changing hands at the price of $0.67905, suggesting a 0.85% gain on its daily chart, as it moves to recover from the weekly loss of 8.22% while still accumulating an increase of 15.40% in the last month, according to the most recent data on March 18.
Cardano price 30-day chart. Source: Finbold
All things considered, Cardano could, indeed, reach one of the projections set by the above experts, as long as its team keeps developing the network, and the positive chart patterns continue, which could see ADA rising by as much as 150% in the short term, as Finbold reported.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
