Cardano (ADA) Drops 7% Amid Market Volatility, AI Predicts June Range

Coin WorldSaturday, May 24, 2025 9:36 am ET
2min read

Cardano (ADA) has recently been the subject of much speculation, with the advanced language model ChatGPT setting a target price range for the cryptocurrency by June 1, 2025. According to the prediction, ADA's price is expected to fall within the range of $0.72 to $0.82. This forecast comes at a time when the cryptocurrency market is experiencing significant volatility, with Bitcoin recently crossing $110,000 for the first time.

As of May 24, 2025, Cardano (ADA) is trading at $0.76, marking a decline of over 7% in the past 24 hours. Despite this short-term volatility, the community is eager to see how high it can climb by the beginning of June. ChatGPT's prediction reflects a market lacking strong momentum but showing resilience above its lower support levels. The coin is described as being in a sideways-to-slightly-bullish pattern with no major breakout yet.

In the absence of a decisive trend, ADA appears to be consolidating. This price behavior suggests that investors are waiting for clearer signals, potentially from Bitcoin’s price movements or broader economic developments. The general sentiment across the cryptocurrency market is cautiously optimistic heading into the summer, with Bitcoin dominance remaining high. As a result, altcoins like Cardano tend to move more slowly in response to bullish momentum. ChatGPT expects ADA to continue slowly climbing unless there’s a sharp macro shift.

ChatGPT outlines potential deviations under different conditions. In a bullish case, if altcoins rally in response to Bitcoin’s growth with strong trading volume, ADA could reach between $0.85 and $0.90. Conversely, in a bearish scenario, if negative sentiment intensifies due to macroeconomic factors such as regulatory developments or interest rate changes, ADA could fall to a range of $0.65 and $0.68.

Historically, years following Bitcoin halvings have been favorable for altcoins. The last halving occurred in April 2024, setting the stage for potential growth in 2025. However, the AI-powered chatbot emphasizes that June may still be preparatory. Cardano creator Charles Hoskinson is also working to expand the network by collaborating with Bitcoin and XRP. If these partnerships pay off, the asset could experience significant growth. Cardano has also made significant strides in 2025, and despite its lack of momentum over the past few months, these upgrades and changes could soon start contributing to its growth.

No significant upgrades or releases are expected within the Cardano ecosystem before June 1 that could cause rapid growth. The prediction by ChatGPT highlights the growing influence of artificial intelligence in the cryptocurrency market. As AI models become more sophisticated, they are increasingly being used to analyze market trends and make predictions about the future performance of various assets. This trend is likely to continue, as AI provides valuable insights that can help investors make informed decisions.