Search results for: pancakeswap

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The market structure and momentum were firmly bearish A retest of resistance can offer a shorting opportunity on PancakeSwap PancakeSwap was trading within a range earlier in December. The violent selling pressure on 12Continue reading “PancakeSwap is in a downtrend but CAKE short sellers can wait for this scenario”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice The market structure was firmly bearish following the loss of the lower timeframe CAKE range. A bullish order block could see a trend reversal, but bulls will need to wait. Bitcoin regained the $17k markContinue reading “PancakeSwap [CAKE] slides beneath range lows, but can buyers snipe an entry?”

CAKE planning to bring a new Syrup Pool/Farm on PancakeSwap However, days ahead might get harder as metrics and indicators were not supportive PancakeSwap [CAKE] recently revealed that they have been working with Hashflow to bring a new syrup pool and farm to PancakeSwap. Before voting on PancakeSwap, the hashflow must receive more than 60%Continue reading “PancakeSwap’s progress may not sit well with investors, is CAKE the culprit”

There have been some major changes regarding CAKE’s farm auction  Growth noticed in CAKE’s NFT space MVRV Ratio and positive sentiments increased PancakeSwap [CAKE] recently announced its newly adjusted farm auctions, which will take effect from 30 November during CAKE’s 34th farm auction. The exchange’s farm auctions are a highly effective method of boosting projectContinue reading “PancakeSwap’s new farm auction updates might bring relief to investors”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. CAKE’s recent bearish pull propelled a rising wedge breakdown. The crypto’s open interest unveiled a slight bearish edge over the past 24 hours. The recent buying endeavors pushed PancakeSwap [CAKE] above the constraints of the EMAContinue reading “PancakeSwap: Gauging CAKE’s ability to offer entry triggers after this breakout”

PancakeSwap secured the #3 rank in terms of trading volume according to Coingecko on 23 October. However, the DEX may still have a long way to get to the top. Inspite of its declining TVL, CAKE, with the help of its increasing social engagements and rapid integrations, may show some growth in the coming quarter.Continue reading “PancakeSwap’s latest moves could leave traders craving for this piece of CAKE”

On 20 October, the team behind PancakeSwap, one of the top Decentralized Exchanges (DEXs), announced their plans to deploy on a new blockchain. The group put up a proposal for the community to vote on starting on 21 October, in order to deploy on the newly formed Aptos blockchain. Here’s AMBCrypto’s Price Prediction for PancakeSwap(CAKE)Continue reading “PancakeSwap is aiming to get a major slice of this blockchain”

A bit of CAKE was recently taken off the menu but was it enough to cause a scramble for the remaining amount? PancakeSwap announced that it recently burned slightly over 6.8 million CAKE, slightly lowering the circulating supply. Here’s AMBCrypto’s price prediction for PancakeSwap [CAKE] for 2022-2023 At press time, CAKE had a circulating supplyContinue reading “PancakeSwap burns 6.8 million CAKE but is it enough to keep the bulls indulged”

PancakeSwap didn’t manage to have a satisfactory performance in the last seven days due to the price drop witnessed by the token. However, that may change in the days to come. With the entry of cIFOs into the market, PancakeSwap may have caught the attention and gained favorable feedback from the crypto community. The potentialContinue reading “PancakeSwap’s latest move brings CAKE to the table, but will investors indulge “

PancakeSwap has grabbed the attention of traders recently. This, after it registered a promising performance in the last few days. Despite the current bearish market condition, CAKE managed to outperform its competitors to remain in the green territory.  At the time of writing on 25 September, CAKE’s value had increased by over 4% in theContinue reading “CAKE is about to be baked, traders might benefit from PancakeSwap if…”

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The recent recovery from the two-month trendline support (white, dashed) evoked a bullish crossover on PancakeSwap’s [CAKE] daily 20/50 EMA. The resultant growth has put the alt at the brink of its near-term EMAs. ButContinue reading “PancakeSwap [CAKE]: All you need to know before going long”

Bitcoin continued to trade sideways without much of a trend on lower timeframes, and the altcoin market also followed suit. Solana dropped toward the $50 mark once more, while PancakeSwap traded within a range between $4.36 and $4.78 in the past few days. Stellar Lumens saw some demand at the $0.124 support level, but itContinue reading “PancakeSwap, Solana, Stellar Lumens Price Analysis: 20 May”