ADA and BNB Price Analysis for December 16

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ADA and BNB Price Analysis for December 16
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How long is the drop of ADA and BNB going to last for? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch CardanoStiftung ADAcoin_ Cardano cardano Cardano_ emurgo_io CardanoCommunity

The price of Binance Coin has declined by almost 1% over the last 24 hours.

Despite the continued fall of Binance Coin over the last few days, the native exchange coin may not have found the local bottom yet. On the daily chart, the price has broken the support level at $255.6. If buyers cannot hold the initiative until the end of the day, the drop may continue to the $230-$240 zone.Cardano is less of a loser than Binance Coin , declining by 0.71%.. From the technical point of view, fixation below this mark might be a prerequisite for a further midterm bearish trend.

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