ADA and BNB Price Analysis for November 16

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ADA and BNB Price Analysis for November 16
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Can ADA or BNB bounce back from their support levels? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io

The rate of Binance Coin has declined by 2.57% over the last 24 hours.

On the daily time frame, the price of BNB has come back to the recently formed support level at $271.6. If bulls cannot change the situation by the end of the day, the breakout may lead to the test of the $256.7 mark by the end of the month.Cardano is more of a loser than BNB, falling by 4.18%. Despite the drop, Cardano is looking less bearish than BNB as the daily candle is about to close away from the nearest support atADA is trading at $0.3288 at press time.

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