Top Altcoins to Watch Next Week
BakeryToken (BAKE)
- Recent Performance: After trading within a range of $0.2225 and $0.3630, BAKE has broken out of its resistance level, indicating increased buying pressure.
- Analysis: The Cross EMA 50/200-day shows a bullish rise, suggesting increased buying over selling pressure. The MACD displays a rising green histogram, indicating growing bullish sentiment. If the bullish momentum continues, BAKE could reach its upper resistance level of $0.6115. In case of a bearish reversal, BAKE might drop to its lower support level of $0.2225.
BakeryToken shows potential for significant price action and is worth monitoring in the upcoming week.
