The CAKE technical analysis exhibits a strong downtrend due to high selling pressure, with the 50-day SMA and 200-day SMA making a “death cross”, signaling an upcoming bearish sentiment in the market.  Trading between the tight range of $3.86 and $3.77

CAKE Technical Analysis: “Death Cross” Brings Bearish Reversal

The technical indicators display a strong bearish trend in CAKE as price actions fallout below major support of $4.0012, with RSI moving along the supply zone due to rising selling pressure.  As fear of FTX collapse crashed the entire crypto market, CA

CAKE Technical Analysis: PancakeSwap Hit Two-Month Low in Crypto Crash

Developers of PancakeSwap have requested that the exchange be expanded to include the recently released Aptos blockchain. The proposal states that the team plans to swiftly introduce four of the main characteristics — swaps, farms, pools, and initial f

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Cake DeFi, the largest and fastest-growing fintech startup located in Singapore that enables simple access to decentralized finance (DeFi), has released its most recent functionality, which is known as Ethereum (ETH) staking. A tradeable token that can

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The CAKE Technical Analysis shows a breakout rally gaining momentum as the buying pressure increases. Will this rally reach the 200-day EMA? The CAKE price action displays a rising trend within a triangle breakout consisting of multiple lower rejection

CAKE Technical Analysis: Triangle Breakout Rally Slowly Gains Speed 

You&#8217;ve probably heard of the decentralized exchange (DEX) called Pancakeswap. It&#8217;s been gaining popularity lately due to its low fees, fast transactions, and unique features. It&#8217;s also an excellent platform for earning interest on you

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CAKE price action displays a bull cycle gaining momentum in the symmetrical triangle teasing a potential bullish breakout.  PancakeSwap (CAKE) shows a bullish reversal from the $3.5 mark sustaining above the support trendline and crossing the $4 mark.

CAKE Technical Analysis: Uptrend Within Triangle Prepares Bullish Exit

Unequivocally cryptocurrency is all set to overtake traditional investment instruments such as the stock market, mutual funds, and FDs. Investors and traders are increasingly investing in cryptocurrency to earn better returns. Anchored by blockchain te

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Bullish reversal signs within the triangle pattern hint at another bull cycle in CAKE prices. Should you consider buying it?  A morning star candle formation at the support trendline indicates the CAKE buyers are attempting a bullish reversal. However,

Cake Technical Analysis: Will Prices Pump Again?

The rising wedge breakout rally shows an uptrend continuation in CAKE prices breaking the 100-day SMA. Will the uptrend break the $5 mark? Key technical points:  The PancakeSwap(CAKE) price has increased by 20% in the last five days to break above the

CAKE Technical Analysis: Breakout Rally Exceeds The $4.27 Mark

The CAKE prices retest the $3.85 bullish breakout and show a post-retest reversal. But will this rally reach the $5 mark? Key Technical Points: The PancakeSwap (CAKE) price action shows a bullish breakout of the rising wedge pattern. The bullish revers

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