Posts

Showing posts with the label price bounced

CAKE Price Increases to Retest $4.6 Level, TAMA Debuts on OKX

Image
Join Our Telegram channel to stay up to date on breaking news coverage Bulls continue pushing up the CAKE CAKEUSD Price Analysis – September 26 Should the buyers increase their momentum and penetrate the resistance level at $4.6, the resistance levels of $5.0 and $5.5 may be tested. In case the sellers push down the CAKE, it will be confronted by the barriers at $4.5, $4.3 and $3.8 support levels CAKE/USD Market Key levels: Resistance levels: $4.6, $5.0, $5.5 Support levels: $4.5, $4.3, $3.8   CAKEUSD Long-term trend: Bullish PancakeSwap is bullish in the daily chart. After the formation of Cup with Handle shape pattern. The coin remains under the buyers’ control. It increases to $4.3 resistance level. It pulled back to retest the dynamic support level as a normal phenomenon in a trending market . The buyers returned to the market and push the price to break up the resistance level of $4.3. The price further increase to test the resistance level of $4.6...