PancakeSwap Price Analysis for Today (December 4, 2024)

The current price of PancakeSwap ($CAKE ) is $4.14, with a price increase of +33.61% over the last 24 hours. Currently, CAKE is available on 51 exchanges, and in the last 24 hours, 180,552,728 CAKE coins have been traded, amounting to a trading volume of $748,267,967.$XRP $XLM

Today, PancakeSwap (CAKE) opened at $3.50. This is 18.26% higher than the opening price. After falling to $3.50, it is trying to move higher. CAKE has over a 157.38% increase compared to last month’s price. From the highest price in the last 30 and 7 days, it has risen by 17.39%, and from the lowest recorded price during the same period, it has increased by 166.56% and 60.13%.

According to our analysis, CAKE needs to stay above $3.33 to potentially move toward the first significant resistance level at $4.30. A breakout above $4.30 could lead to CAKE rising to the next resistance level at $5.33. The third resistance is at $6.89.

If the price drops, the first support level to watch is $3.33. If this level does not hold, further decline to the next support level of $2.74 is possible. #2024withBinance