Recently, CAKE has seen a strong influx of new buyers. However, after hitting $19.50, the price fell down in a descending channel, forming the current bull-flag.
With altcoins seeing a strong recovery after a minor BTC sell-off earlier, I can see CAKE reach a new ATH potentially. There's still a lot of buying power behind this coin which can launch it to new highs very soon.
Happy trading!
With altcoins seeing a strong recovery after a minor BTC sell-off earlier, I can see CAKE reach a new ATH potentially. There's still a lot of buying power behind this coin which can launch it to new highs very soon.
Happy trading!
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