Price Target on Cardano (ADA)
Enter your price growth prediction
* All price predictions are based on user input. Binance does not contribute to or influence any of the price predictions on this page.
Visualize your price target on a graph with the Price Prediction Graph tool below. Simply enter your prediction for Cardano’s growth in percentage, and click ‘Calculate Prediction’.
Please note that you can enter a negative or positive growth percentage.
Page last updated: 2024-11-04 13:24 (UTC+0)
Technical Analysis
Technical analysis is a useful tool for predicting trends on a chart. However, recently many people have started trading with bots that have technical analysis concepts programmed into them. Below is an automated report of where the market is trending and which direction it may go at different time intervals into the future. While this is a Cardano price prediction based on technicals, please do your own research and trade based on your own knowledge and ability.
Moving Average
- On the four-hour time frame, Cardano is currently trending bullish with the 50 day moving average currently sloping up.
- Cardano’s 200 day moving average is sloping down and has been doing so since 10/30/2024 which means the trend is weak.
Relative Strength Index
- Currently the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral with the price being able to keep RSI in that state for a while.
Moving Average
- On the 1 day time frame, Cardano is currently trending bearish with the 50 day moving average currently sloping down and above the current Cardano price, which could act as a resistance the next time it interacts with it.
- Cardano’s 200 day moving average is sloping down and has been doing so since 10/5/2024 which means the trend is weak.
- The 200 daily moving average is currently above the price, which means if price interacts with it again, it can potentially be used as a resistance to continue the trend.
- On the 1 day time frame, if we were to give a Cardano price prediction, it would be bearish considering the way the 50 day and 200 day moving averages are trending.
Relative Strength Index
- Currently the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral with the price being able to keep RSI in that state for a while.
Moving Average
- On the weekly time frame, Cardano is currently trending bearish with the 50 day moving average currently sloping down and above the current Cardano price, which could act as a resistance the next time it interacts with it.
- Cardano’s 200 day moving average is sloping up and has been doing so since 4/8/2024 which means the trend is strong.
- The 200 weekly moving average is currently above the price, which means if price interacts with it again, it can potentially be used as a resistance to continue the trend.
Relative Strength Index
- Currently the RSI is within the 30-70 neutral zone, which indicates the price is trending neutral with the price being able to keep RSI in that state for a while.
MACD
- On the histogram side, there is a bearish divergence, which could mean the price is going to reverse as well.
Daily Cardano (ADA) Price Prediction For Today, Tomorrow, this Week, and Next 30 Days
Based on your price prediction input for Cardano, there is a projected increase in the value of ADA by 5%, potentially reaching $ 0.334104 by tomorrow.
| Year | Price |
|---|
| Nov 04, 2024 | $ 0.334059 |
| Nov 05, 2024 | $ 0.334104 |
| Nov 11, 2024 | $ 0.334372 |
| Dec 04, 2024 | $ 0.335401 |
Content published on our Coin Prediction pages is based on information and feedback provided to us by verified Binance users and/or other third party sources. It is presented to you on an ‘as is’ basis for informational and illustrative purposes only, without representation or warranty of any kind. The presented price prediction may not be accurate and should not be treated as such. Future price may differ significantly from the presented prediction and it should not be relied on. It should not be construed as financial advice, nor is it intended to recommend the purchase of any specific product or service. Binance shall not be liable to you in any way, for any losses that you may incur arising from your reference to, use of, and/or reliance on any content published on our Coin Prediction pages.
Please also be aware that digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is also not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks.You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment.
This material should not be construed as financial advice. For more information, see our
Binance Terms of Use,
Risk Warning, and the specific
Terms and Conditions applicable to this Users’ Coin Prediction Feature.
