What price target for Cardano in January?

The dollar finally in the pocket for cryptocurrency?

During the year 2024, Cardano saw its token regain the dollar after a long journey through the desert. If the asset is still very late compared to its old peak which dates from 2021, it has nevertheless given hope to its investors.

However, at the end of the year, the asset fell once again, once again losing this dollar mark. Still, the outlook isn’t all that negative for ADA, with both Changelly and Coincodex maintaining a bullish outlook for January 2025.

Indeed, since the predictions are positive with an expected return above the dollar. For Changelly the objective is clear, clear and precise with an expected price of $1.06. This mark could arrive at the end of the month after consolidation over the rest of January.

Coincodex for its part goes even higher for Cardano foreseeing a more pronounced increase. Over one month, if ADA could fall slightly initially, it could also rise again and secure the dollar. By the end of January, the token is expected to revalue with an expected maximum price of $1.22.

Where is Cardano?

Currently, Cardano is doing better than at the end of 2024. Indeed, because at the start of the year, the green candles are back. Over the last 24 hours, the ADA token is therefore on the rise, after a daily gain of 4.43%. At the time of writing the Cardano coin is trading at $0.957 after flirting with the dollar again.

Over the last 7 days, the performance is even better for the ADA price. Over the period, gains exceeded 10% with a profit of 11.04% for holders of the coin.

Moral of the story: for some a dollar is nothing, for others it is their whole life.