PancakeSwap Price Analysis for Today (January 10, 2025)
The current price of PancakeSwap (
$CAKE ) is $2.33 , the price has increased by +1.21% in the last 24 hours. CAKE is currently listed on 50 exchanges , and 20,756,811 CAKE coins have been traded in the last 24 hours, representing $48,387,758 in trading volume.
$PHA $AI PancakeSwap (CAKE) opened at $2.31 today. This is +1.11% higher than its opening price. It is trying to move higher after dropping to $2.27. From the highest price over the last 30 and 7 days, its value has decreased by -37.18% and -20.16% , while from the lowest price recorded over the same period of time, it has increased by 12.53% and 5.30%.
According to our analysis, CAKE needs to remain above $1.84 to potentially move towards the first major resistance level at $2.74. A break above $2.74 could lead to CAKE rising to the next resistance level at $3.33. The third resistance is at $4.30.
If the price falls, the first support level to watch is $1.84. If this level fails to hold, further decline to the next support level at $1.23 is possible.
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