The TVL, development Activity, Social Dominance, Volatility, Price, volume, and market chart for the CAKE asset show bullish traits and can achieve more growth in the future.
It has demonstrated good performance in the past week, month, and three months by 14.81%, 45.65%, and 40.26% respectively, indicating a reliable upward trend.
Crypto is experiencing a surge of 1.14% in the last 24 hours, trading at $3.632 and the 24-hour trading volume on all major tradeable platforms is 180.99 million. the price structure is making a higher high structure and aims to shatter the nearest hurdle. The CAKE crypto is poised for a spectacular rally, as it is rallying upside to smash the resistance level and soar to new heights.
The PancakeSwap asset is showing bullish strength and rising potential as it stays above major 20, and 50-day EMA's. The MACD shows a bullish cross with histogram at 0.0334, MACD is at 0.1920, and signal line is at 0.158. Correspondingly, the RSI shows no signs of overbought conditions yet and the curve is at 68, suggesting that the asset has more room to grow.
Therefore, if the demand for the remains is consistently high, the Pancakeswap asset price could bounce back more from the current level. Then the next goal for the price is to reach $5.0 and the in-between hurdle would be 4.0.
On the flip side, if the CAKE crypto price fails to stay above the $3.0 level, it could decline further.
It has demonstrated good performance in the past week, month, and three months by 14.81%, 45.65%, and 40.26% respectively, indicating a reliable upward trend.
Crypto is experiencing a surge of 1.14% in the last 24 hours, trading at $3.632 and the 24-hour trading volume on all major tradeable platforms is 180.99 million. the price structure is making a higher high structure and aims to shatter the nearest hurdle. The CAKE crypto is poised for a spectacular rally, as it is rallying upside to smash the resistance level and soar to new heights.
The PancakeSwap asset is showing bullish strength and rising potential as it stays above major 20, and 50-day EMA's. The MACD shows a bullish cross with histogram at 0.0334, MACD is at 0.1920, and signal line is at 0.158. Correspondingly, the RSI shows no signs of overbought conditions yet and the curve is at 68, suggesting that the asset has more room to grow.
Therefore, if the demand for the remains is consistently high, the Pancakeswap asset price could bounce back more from the current level. Then the next goal for the price is to reach $5.0 and the in-between hurdle would be 4.0.
On the flip side, if the CAKE crypto price fails to stay above the $3.0 level, it could decline further.