SOL and ADA Price Prediction for September 16

Sellers are more powerful than buyers at the beginning of the week, according to CoinStats.

ADA/USD

Cardano (ADA) is one of the biggest losers today, falling by 5.28%.

Despite today’s drop, the rate of ADA keeps looking bearish.

If the daily candle closes near the support of $0.33, one can expect a more profound correction to the $0.30-$0.31 range by the end of the week.

ADA is trading at $0.3317 at press time.

SOL/USD

Solana (SOL) is not an exception to the rule, going down by 3.44%.

From the technical point of view, the SOL rate looks better than ADA. If a false breakout of yesterday’s bar’s low happens and the candle closes with no long wick, the local rise may lead to a test of the $140 zone soon.

SOL is trading at $131.61 at press time.

Source