Kadena Price Prediction 2022-2026-Will the Price of KDA Hit $8.92 by the end of 2022?
Kadena offers marginal transaction fees for consumers and has gone a step further in introducing the first crypto gas station to allow businesses to eliminate all transaction fees for their customers, thus removing a key barrier to the mass adoption of dApps.
What is Kadena (KDA)?
Kadena is the only platform offering a complete decentralized infrastructure. Any team of developers can get the full capabilities of crypto with the tools to go from concept to launch in days instead of months.
Kadena builders leverage what no other blockchain has: trustless (no third-party trust needed), decentralized, cross-chain transfers. And soon, transactions will be able to be executed seamlessly across different blockchains such as Ethereum, Celo, and Terra (secured by KDA bonding), powered by Kadena’s Chain Relay Bridge.
Now, we shall look at the Kadena (KDA) price analysis for the coming years.
Flashback: Fundamental Analysis of Kadena (KDA)
Kadena (KDA) is one of the cryptocurrency ecosystems with a strong team and reliable partners of developers from different blockchains and mainstream organizations. This is one of the features that investors look out for, according to their recent Medium post. Hence, those who invest for the long term with the token has a lot to gain as they expand into Web3 and non-fungible token soon.
We shall now consider what charts are showing about the price analysis of Kadena.
https://www.tradingview.com/x/Irwpw9Ya/
From the 1day chart above showing the Ema Ribbon indicator for KDA/USDT, we can deduce that the price of Kadena might keep declining further. This is because about four of the 6 moving averages are touching recently formed candlesticks from the top.
https://www.tradingview.com/x/MQvxlPlj/
The chart above shows the balance of power indicator which is used to determine if a market is controlled by either the buyers or sellers. From the chart for KDA/USDT, we can see that its BOP value is -0.11. Since it is below 0, it means that the bears are having their way. Also, the last recent low is lower than the previous low which means a negative divergence.
https://www.tradingview.com/x/gNIK7wcf/
The price of Kadena (KDA) might reduce further since the 200-MA is below the 100-MA. This should be a caution for investors who wish to invest for a shorter period.
Now, we shall look at the price prediction of KDA for the coming years.
Price Prediction of Kadena in 2022
The price of Kadena is expected to gain at least 10% by the end of June 2022 from its present price. This means that it will be trading at around $6.78 by the end of the first half. Its price is expected to rise by at least 20% in the second quarter. This means that KDA would trade at least $8.92 by the end of December 2022.
Price Prediction of Kadenain 2023
The price of Kadena is expected to gain at least 50% by the end of June 2023 according to technical analysis charts. This means that it will be trading at around $14.4 by the end of the first half. Its price is expected to rise by at least 10% in the second quarter. This means that KDA would trade at least $15.8 by the end of December 2023.
Price Prediction of Kadena in 2024
The price of Kadena is expected to gain at least 5% by the end of June 2024. This means that it will be trading at around $16.55 by the end of the first half. Its price is expected to rise by at least 10% in the second quarter. This means that KDA would trade at least $17.30 by the end of December 2024.
Price Prediction of Kadena (KDA) in 2025
The price of Kadena is expected to gain at least 20% by the end of June 2025. This means that it will be trading at around $20.70 by the end of the first half. Its price is expected to rise by at least 10% in the second quarter. This means that Kadena would trade at least $22.72 by the end of December 2025.
Price Prediction of Kadena in 2026
The price of KDA is expected to gain at least 20% by the end of June 2026. This means that it will be trading at around $25.25 by the end of the first half. Its price is expected to rise by at least 20% in the second quarter. This means that KDA would trade at least $30.15 by the end of December 2026.
Now we shall consider different media platforms to see what their forecast is on Kadena price.
Market Sentiments on Kadena Price Prediction
Technewsleader
According to Technewsleader, the coin’s average price could reach $13.17 by the end of 2023 and surge to $288.25 by 2032 which represents over a 2700% increase.
PricePrediction
According to Price Prediction's Kadena (KDA) prediction, the average price could reach $9.98 in 2022 and by over 2300% by 2031 to trade at $274.81
DigitalCoin
According to Digital Coin’s Kadena crypto price prediction, the average price in 2022 could be $8.33, surging by over 380% in seven years to trade at $32.73 in 2031.
Our Kadena (KDA) Price Prediction
The price of Kadena (KDA) will trade at least $8.92 by the end of 2022 and then increase by over 285% in four years' time to trade at $30.15 by the end of 2026.
Conclusion
Kadena long-term investors will enjoy good returns. This is due to the positive outlook of the fundamental analysis, price predictions, and market sentiments.
