The Cardano price had its moments in this bull run, but let’s be realistic—the price is still far away from its all-time high of around $3.10 in 2021. What could happen with ADA if it mirrors those rallies from 4 years ago? Let’s find out.
As of today, Cardano (ADA) is trading around $0.685. It had a strong move back in late 2024, where it pumped hard in November and shot up over $1.30, but just like many other altcoins, it couldn’t hold the gains. Since then, it’s been in a downtrend, pulling back and struggling to stay above major resistance levels.
The 200-day moving average is currently sitting around $0.778, and the ADA price is now trading below it. That’s usually seen as a bearish signal. The price also seems to be getting rejected every time it tries to climb toward that level.
Right now, the chart looks like ADA is stuck in a range between $0.65 and $0.75. The recent highs were lower than the previous ones, which isn’t a great sign for momentum. The RSI is sitting just under 47, which is neutral. Not oversold, not overbought—just sort of in the middle.
Read also: From Cardano to Ondo: Alex Becker’s Bold Crypto Picks for This Bull Run
Back in the 2021 bull market, ADA went from under $0.20 to over $3 in just months. That’s a 15x gain. If ADA somehow repeated that same kind of run in this cycle, we’d be looking at a price of:
$0.685 × 15 = $10.27
Of course, that’s a very optimistic scenario. Hitting $10 would require massive inflows, renewed hype, and likely a full-on altcoin mania phase. Still, it’s not impossible in crypto. This market moves fast, and sentiment changes quickly.
A more realistic “bullish but grounded” target could be a retest of the previous all-time high around $3.00. That’s still more than a 4x from where we are today, which is pretty solid.
If ADA can break above the 200-day moving average and hold above it, the next target would likely be around $0.85 to $1.00. That would confirm that the bulls are back in control.
On the downside, if it breaks below $0.65 and stays there, we might see another drop toward $0.55 or even $0.50.
But overall, the price structure looks like it’s trying to form a bottom. If Bitcoin continues to hold strong or push higher, the Cardano price might slowly grind up too. And if the market gets hot again, ADA could make another run toward $1.50–$2.00 in the second half of the year.
And if the 2021-style hype ever returns? Then yeah, maybe we can dream of that $3 or even higher again.
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The post Cardano Price Prediction If ADA Matches Its 2021 Bull Run Performance appeared first on CaptainAltcoin.