ADA and BNB Price Analysis for March 16

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ADA and BNB Price Analysis for March 16
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Which altcoin can withstand bears' pressure? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io CardanoCommunity

The rate of Cardano has followed the decline of Bitcoin , going down by 3.36%.

On the daily chart, the price has entered a consolidation phase after a recent sharp fall. If the rate remains above the $0.3150 mark, one can expect sideways trading in the range of $0.32-$0.33. Such a scenario is relevant until the end of the week.Binance Coin is an exception to the rule, rising by 0.17% over the last 24 hours.

Despite a slight rise, Binance Coin is not ready for the midterm rise as the altcoin has not accumulated enough energy yet. The low volume confirms such a statement.

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