PancakeSwap (which has surpassed almost the entire altcoin market with the latest price movement) CAKE) attracted great attention.
One of the most popular names of DeFi platforms CAKE It continues to attract attention with its price structure. The popular coin, which gained momentum after exceeding $2, BTC Despite the decline in , he keeps his eyes on the highs. CAKE managed to reach $2.62 with an increase of 22.77 percent in the last 24 hours. Most A lot Ascendantssecond on the list.
Can CAKE, which has blown the market with its rise in the past, regain the same atmosphere?
Resisting the Bitcoin pullback well!
BTC’s correction by testing $ 38,000 is pulling most altcoins down. However, PancakeSwap (CAKE), which is resistant to downward mobility, has moved to $ 2,646. As of the writing of the news, CAKE is traded at $ 2,588.
If the rise on the CAKE side continues, 2.646 – 2.82 – 3 and the annual opening price can be targeted, respectively. The continuation of BTC’s downward movement, DeFis remaining in the background or FUD news hitting the market will shake the price of CAKE. In such a case, the levels that can be followed as support are 2,455 – weekly opening price – 2,072 – 1,912 and 1,698 dollars, respectively.
