As the Christmas holidays approach, investors' interest in the cryptocurrency market is growing, and many of them are actively looking for opportunities to make substantial profits.

The year 2023 was a period of significant success for Cardano (AL), as during this period the price of the altcoin increased by more than 70%, and its total market capitalization increased by more than $370 million.

In this regard, investors in ADA are wondering whether the successful dynamics of this cryptocurrency will continue. To answer this question, machine learning algorithms based on the artificial intelligence of the PricePredictions platform were used, which calculated the ADA price by Christmas.

ADA price forecast for December 25: algorithms predict that by the specified date, Cardano will rise to $0.578835, which means an increase of 3.69% compared to the current price of the asset.

At the moment, ADA is trading at $0.552, which means a decrease of 6% over the previous day, but a weekly increase of 36.6% remains.

It should be noted that Cardano is currently demonstrating stable fundamentals: over the past year, the price has increased by 78%, which allowed it to surpass 69% of the 100 largest cryptocurrencies over the same period. However, it is worth considering that the cryptocurrency is still significantly below its historical maximum by 82%.