May 1, 2021
Pancakeswap Price Analysis: CAKE Rides Channel To ATH But Weakness Is Showing
Pancakeswap Price Analysis: CAKE Rides Channel To ATH But Weakness Is Showing
CAKE has had awesome week, rising nearly 100%. The bulls heavily grabbed low prices of $23 as cake rebounded like a cannon. Since the dip, the price has been steadily respecting an ascending channel with a high of near $44 at the time of writing. For CAKE to continue its uptrend to a new ATH, it must break & hold key resistance of $43.7. The bears have been defending this level well the last 2…
View On WordPress