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The Pancakeswap price jumped 38% in the last 24 hours to negotiate $ 2.85 at 3:40 p.m. over a negotiation volume which increased from $ 1.13 billion.
The increase in cake prices on the last day is only the last increase in last week. Before it starts to increase, the token exchanged laterally just under the resistance at $ 1.45. Then, on February 8, he managed to break the resistance and climb $ 2 the next day.
This level prevented him from progressing until yesterday, when he finally broke it and has skyrocketed at $ 3, even reaching $ 3.17 before rejection of its price. Now, at $ 2.85, the token could soon retest the resistance at $ 3 and maybe break it, as it did with $ 2.
Pancakeswap Price Prediction
Bollinger’s bands of Pancakeswap followed a progressive enlargement scheme as the price increased, only to see a lively narrowing once it has reached resistance. Then, as he overcome the obstacle, the bands would widen again.
Currently, groups are seeing a narrowing because the $ 3 barrier continues to prevent it from going further. However, the resistance may be raped, in which case the model is likely to continue.
Cake / USD 15 minutes (source: tradingView)
A similar scheme has been observed with regard to the relative resistance index of the project (RSI), which has spent the last 24 hours fluctuating between the value of 80, deeply in the too hidden area and the neutral value of 50.
In fact, it is currently the only time of the last 24 hours that the RSI dropped below 50. However, this could lead to the traders to double on the cake and the pumping of its price, potentially viocating resistance at $ 3 .
Promising alternative to pancakeswap
While Pancakeswap could see another price increase soon, many investors are looking for more promising alternatives – cryptos that could explode much higher, like the best portfolio (the best).
The best portfolio is a new cryptographic portfolio launched last year, offering some of the most advanced features available. It is a multi-chain, multi-walk and non-guardian tool that each crypto user should consider.
Being multi -chain, the best portfolio supports several blockchains – more than 60 of them – allowing its users to store thousands of different cryptocurrencies. And, as mentioned, it is also multi-door, allowing users to connect other portfolios to the application to manage them all from a single place. Finally, being non -guardian guarantees that you and no one can access your funds.
Crypto trading should not look like rockets. ðŸ›
The best portfolio remains simple – swap, send and exchange a few taps. This is the advantage you are looking for. 🚀
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– Best portfolio (@Bestwallethq) February 12, 2025
Inside the wallet, you can buy, store, deposit, send, exchange, sell, put, spend and secure your parts and tokens without ever leaving the wallet. Apart from that, it also has a native launch where you can reach high potential cryptographic presales. Some of the ICOs who have already launched here have ended up seeing major price increases when putting online.
One of the tokens offered right now is his native cryptocurrency, better. Although currently in ICO, Best will eventually be online, and it will be deeply integrated into the portfolio and linked to all its features. It will also provide unique advantages that investors will certainly want to have, such as reductions in transaction costs, an increase in the rewards of standby, the possibility of investing in new projects early and access to the governance of Best Wallet.
Currently, the token only sells $ 0.02,3975, and its ICO has already raised more than $ 9.78 million, approaching the $ 10 million mark. Claybro, a crypto YouTuber with more than 136,000 subscribers, estimates that Best’s price will explode after being live due to the end of the best advanced and popular wallet.
Buy best here before the next rise in presale prices in 33 hours.
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