Tag: pancake

Apr 30 2022

CAKE Price Analysis: Falling RSI Could Trigger Double Top Pattern Fallout

Apr 30 2022 Published at Coingape under tags  cake price analysis pancake price analysis

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. Under the bearish RSI influence, the CAKE holders may lose the $7.5 mark. Key points: The CAKE reflects a 21.5% loss since last week The...

Apr 26 2022

CAKE Price Analysis: Double Top Pattern Fallout Teases 18% Fall In CAKE

Apr 26 2022 Published at Coingape under tags  cake price analysis pancake price analysis

Last weekend the higher price rejection candle at $10 resistance indicated the traders are aggressively selling on a higher level. Thus, the resulting reversal dumped the Pancake(CAKE) price back to $7.6 support with the formation of a double top pattern. A possible reversal will trigger another 14.4% fall. Key points: The CAKE reflects a 12%...

Apr 24 2022

CAKE Price Analysis: CAKE Price Strikes $10 Resistance Aiming 20% ROI

Apr 24 2022 Published at Coingape under tags  cake price analysis pancake price analysis

The rising Pancake(CAKE) price is narrowing within a falling wedge pattern. This recovery rally would soon tag the overhead resistance of $10, and a bullish breakout from this ceiling will surge it to $12.74. However, the interested buyers should remain cautious as possible fallout from the wedge pattern remains on the card. Key points The...

Apr 21 2022

CAKE Price Prediction: CAKE Price Nearing $10 Breakout; Time to Buy?

The recent correction phase in the crypto market tumbled the CAKE price by 31.4%, bringing it to the 0.618 Fibonacci retracement level($7.5). The buyers reverted the coin price from this support suggesting the traders' sentiment has flipped from selling the rallies to buying on dips. The altcoin is gradually nearing the $10 resistance for another...

Feb 19 2021

Is Pancakeswap the New Uniswap? Why PancakeSwap Is Surging & What’s Next?

The growing influence of Binance Smart Chain (BSC) amid skyrocketing gas fee on Ethereum network has not just sent Binance Coin (BNB) the...

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