Cardanohas been on users’ radar throughout the current bull season. The token’s slow price movement has been a point of contention among community members. While some predict that ADA will rise and benefit from post-halving tensions and price increases, others remain bearish on ADA, making neutral predictions.
Considering Cardano’s current price velocity, ADA has the potential to enter a stellar bullish stance post-Chang Hard Fork deployment. This development could restart volume to the Cardano Blockchain and token and provide a necessary impetus to break the bearish market momentum.
Cardano Price Projection for May
With the Chang Hard Fork distribution news making the rounds, Cardano’s price was under intense expectation at X. Prominent ADA analyst Dan Gambardello is bullish on Cardano, suggesting that the token could soar to new heights in post-fork distribution and possibly surpass the $1 mark. progress.
I hear the Chang hard fork is going to be an absolute game changer for Cardano https://t.co/nENjmX6Zwf
NEWS CONTINUES BELOW— Dan Gambardello (@cryptorecruitr) April 25, 2024
According to Coincodex, Cardano has not yet established solid market momentum and is predicted to face further price declines. According to CC, ADA could fall as low as $0.44 before picking up speed after May 6, 2024.
Cardano price prediction for the next 30 days is a projection based on positive and negative trends over the past 30 days. ADA will be traded at $0.442327 on May 5, 2024 and will lose -5.76% in this process.
CoinCodex predicts that Cardano will stabilize its price momentum after May 7, which could ultimately help the token gain steady momentum. Similarly, the token is predicted to reach $0.49 by May 27 and will trade at $0.49 in the meantime.
Cardano’s price is estimated to increase by 4.59% to $0.490922 by May 28, 2024.
$1 Dream for ADA
Crypto The market is known for its wild market momentum and volatility. This volatile tempo can turn a coin’s fortunes around in a short period of time. The upcoming Chang Hard Fork deployment could be a game changer for ADA and push its price to a new level.
Accordingly, according to CC, Cardano could reach $1 by the end of 2024 and increase by approximately 319% in the process. ADA could trade at a price threshold of $1.9 by 2024 and reach a price threshold of $2.4 by 2025.
Additionally, Cardano can be traded between $0.431583 and $1.910137. If it reaches its upper price target, ADA could rise 318.88% to $1.910137.
