- The Kadena (KDA) price closed the previous day’s trade at INR 116.35 with a market capitalization of INR 21.30 billion and a circulating supply of 184,802,447.92 KDA
- The KDA price appears to have reached the lowest ever possible levels and hence after trading sideways for some more time, a significant upswing may be imminent
- The asset is expected to regain a 4-digit figure soon and surge high to trade above INR 5000 in the upcoming years
Price Comparison Table (2017-22)
|Year||End of Year Price||% Change|
* At the press time
Kadena Price Prediction 2022: KDA Price Predicted to Reach INR 900 to INR 1142 by end of 2022
The bull run in Q4 2021 uplifted the Kadena price to some extent but the bears took back control at INR 2000. Since then the price maintained its trend within a steep descending channel that intensified at the beginning of June 2022. After recording a bearish close over the past 2 quarters, the KDA price appears to have fallen into a deep bearish well.
The market sentiments remain bearish and hence the price may continue forming new lows for another fortnight. With ease in the bearish pressure, the price is expected to consolidate parallelly after a slight rise above INR 500. By the end of Q3 2022, the price is expected to hover around INR 700 to INR 800. While to end the 2022 trade, the KDA price may reach beyond INR 1000, somewhere around INR 1100.
Kadena Price Prediction 2023: KDA Price Predicted to Reach INR 2200 to INR 2500 by end of 2023
The beginning of 2023 may witness a minor pullback below INR 1000 but may regain the positions in no time. However, by the end of Q1 2023, the prices are expected to settle from around INR 1500 to INR 1600. Maintaining the uptrend, the KDA price could trade above INR 1800 by the end of Q2, while an extended uptrend may elevate the price closer to INR 2000.
The second half of 2023 may be a little consolidated as the bears may try to take back control. Hence the price may trade within a narrow range and quickly gain bullish momentum ahead. By the end of Q3, the price may trade above INR 2000, and to end the yearly trade, the asset is believed to secure levels close to INR 2500.
Kadena Price Prediction 2024: KDA Price Predicted to Reach INR 3700 to INR 4200 by end of 2024
The beginning of the year 2024 could be extremely bullish for the KDA price. As it is expected to mark highs close to INR 3000 which may be followed by a pullback. To end the Q1 trade, the KDA price may maintain the INR 3000 levels firmly. Further, Q2 trade could be consolidated after the bears restrict the price at INR 3000 and by the end, the prices could be slightly elevated to INR 3300.
The asset may gain extreme bullish momentum in the second half of 2024 and secure levels above INR 3500 in the first few days. To end the Q3 trade, the KDA price may rise above INR 3800. However, the bulls may regain their positions in Q4 and uplift the price beyond INR 4000. By the end of 2024, the KDA price is expected to trade close to INR 4200.
Kadena Price Prediction 2025: KDA Price Predicted to Reach INR 5500 to INR 6000 by end of 2025
The Kadena price since the beginning of 2025 is expected to maintain a bullish trend. Aiming to reach beyond INR 5000, the KDA price may reach levels above INR 4800 but may get rejected by the end of Q1. Further, after a brief correction, the asset may attempt to surge beyond INR 5000 and may also succeed by the end of Q2.
The trades may turn in favor of bulls in the second half as the rally may gain extreme bullish momentum, but may opt for a slow yet steady uptrend. The KDA price may continue forming higher highs and lows, maintaining an ascending trend. By the end of Q3, the prices may settle above INR 5500, and to end the yearly trade, the asset could trade close to INR 6000 but fail to reach the ATH.
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The above information represent the independent views of Primestack Pte. Ltd, Neblio Technologies Pvt. Ltd, and/or their affiliate entities and are for informational & educational purposes only. The content, information or data provided above is not an offer, or solicitation of an offer, to invest in, or to buy or sell any interest or shares, virtual digital assets/ crypto products or securities, or to participate in any investment or trading strategy. Any statement or communication made above shall not be treated as a legal, financial, investment or tax advice by the reader. The calculations, data, risk-return formulations, performance or market capitalization indicators captured above are based on the independent data sourcing including collation of public information and/or analysis performed by analysts, advisors or employees of Primestack Pte. Ltd/ Neblio Technologies Pvt. Ltd and/or their affiliate companies and/or any third party. Past performance is not indicative of any future results. The reader(s) are hereby advised to consult their financial/ legal/ tax advisor(s) before making any investment.
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