$CAKE MAY CONTINUE TO ESTABLISH THESE FACTORS IN ORDER TO ATTAIN A NEW HIGH!
Upon closer inspection. We have concluded that CAKE is strictly following its price range for accumulation. Close to its recent lows, the accumulation phase continues.
Since the price has been consistently above the little resistance levels that were just broken, CAKE has increased dramatically. Consequently, it was determined to keep carrying out purchasing orders, which has resulted in an amazing 159.90% rise. Support might be formed as the market continues to look for higher lows, considering the level of volatility at the time. We will also look at the buying momentum of the altcoin to ensure that buy orders move forward as smoothly as possible.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
