CoinGape
2022-08-07 17:00:57

CAKE Price Analysis: Reversal Pattern May Push Prices To $5 Mark

The U-shaped recovery in PancakeSwap (CAKE) price has knocked out another resistance of $4.165, suggesting the buyers are aiming another leg higher. Moreover, a 50% hike in volume activity indicates that market participants are confident of this breakout, which may propel altcoin to $5 levels. However, is there an entry opportunity for side-lined traders? Key The post CAKE Price Analysis: Reversal Pattern May Push Prices To $5 Mark appeared first on CoinGape.

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