Können CAKE [PancakeSwap]-Bullen eine Rallye backen, nachdem sie starke Bewegungen nach…

Haftungsausschluss: Die Ergebnisse der folgenden Analyse sind die alleinige Meinung des Verfassers und sollten nicht als Anlageberatung betrachtet werden Ungeachtet des Dramas des Vortages hatte der Token CAKE von PancakeSwap Ende März einen zinsbullischen Ausblick. Die Ablehnung im 11-Dollar-Bereich hinterließ einen sauren Geschmack im Mund der langfristigen Investoren von CAKE.

Timeline of Pancakeswap

XRP appeared to form a low timeframe range, while STEPN saw a strong bounce from an area of demand. However, the next day or two can be crucial for the crypto market as Bitcoin appeared to stand at a crucial juncture.

CAKE price continues to trade sideways for the past three-session following a dull start to a fresh trading week. The price hovers near the multi-week support area at around $7.50.

Since breaking out from a long-term descending resistance line, PancakeSwap (CAKE) has shown several bullish signs and is attempting to create a higher low. The post PancakeSwap (CAKE) Breaks Out From 309-Day Resistance Line appeared first on BeInCrypto.

The Pancake(CAKE) price resonates within $10 and $7.5 barriers for over a month now, creating a narrow range. However, the consolidation reflected a bearish set-up with double top pattern formation.