Cardano

<figure><img src="https://u.today//sites/default/files/styles/1200x900/public/2023-06/e0024.jpg" alt="Cover Image" width="800"
 height="500">
 <figcaption>Cover image via <a href="https://u.today/">U.Today</a></figcaption>
 </figure>Bears remain more powerful than bulls according to the <a href="https://u.today/ethereum-eth-price-analysis-for-june-15">CoinMarketCap ranking</a>; however, there are some exceptions to the rule.<img alt="Top 10 coins by CoinMarketCap" data-entity-type="file" data-entity-uuid="b107a9a4-844f-4ff4-9af4-821e8ccdee95" src="https://u.today/sites/default/files/inline-images/top10_494.png" />Top coins by<a href="https://coinmarketcap.com/"> CoinMarketCap</a><h2 id="xrp-usd">XRP/USD</h2>XRP has not joined the list of rising coins, falling by 3.31%.<img alt="XRP/USD chart by TradingView" data-entity-type="file" data-entity-uuid="2176fa29-021a-48a6-9aa3-c199d0ff521b" src="https://u.today/sites/default/files/inline-images/xrp_296.png" />Image by <a href="https://www.tradingview.com/symbols/XRPUSD">TradingView</a>The rate of XRP has once again failed to fix above the $0.48 mark, which means sellers keep controlling the situation on the market. If today's candle is below yesterday's low at $0.465, the decline can continue to the <a href="https://u.today/xrp-price-analysis-for-june-14">$0.44 zone</a>. Such a scenario is relevant until the end of the week.XRP is trading at $0.4581 at press time.<h2 id="bnb-usd">BNB/USD</h2>Unlike most other coins, the rate of Binance coin (BNB) has increased by 0.58%.<img alt="BNB/USD chart by TradingView" data-entity-type="file" data-entity-uuid="f286671c-f58a-4953-b7c9-c15bfa69b37c" src="https://u.today/sites/default/files/inline-images/bnb_219.png" />Image by <a href="https://www.tradingview.com/symbols/BNBUSD">TradingView</a>Despite today's slight growth, the rate of BNB is not ready yet for a bounce back as the price has come back below the level of $239.5. If the drop leads to the $230 zone, there is a high chance of seeing a support breakout, followed by a dump to the crucial $200 area.BNB is trading at $235.5 at press time.<h2 id="ada-usd">ADA/USD</h2>The rate of Cardano (ADA) has fallen by 1.12% since yesterday.<img alt="ADA/USD chart by TradingView " data-entity-type="file" data-entity-uuid="3f2de956-9fe4-44d5-a4b7-e48856e62859" src="https://u.today/sites/default/files/inline-images/ada_226.png" />Image by <a href="https://www.tradingview.com/symbols/ADAUSD">TradingView</a>The rate of Cardano (ADA) is coming back to the recently formed support level at $0.2560. The price has not risen after a false breakout, which means that buyers are not powerful enough to seize the initiative. In this case, the ongoing correction to the $0.24 range is the more likely scenario for the next couple of days.ADA is trading at $0.2558 at press time.

XRP, ADA and BNB Price Analysis for June 16

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