PancakeSwap: Assessing what’s in store for CAKE considering these updates

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PancakeSwap: Assessing what’s in store for CAKE considering these updates
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CAKE becomes the most traded token among the top 100 BSC whales. CAKE’s price pump might continue further as the metrics and indicators are positive. PancakeSwap [CAKE] revealed new information for bCAKE farmers on 13 January. With this new update, farmers can now activate boosters on two farms with an adjusted boost multiplier. To take […]

As per the market indicators, the bulls were leading the market. For instance, the Chaikin Money Flow and the On Balance Volume were both relatively up. The MACD also revealed a bullish upper hand in the market.

’s price was entering a high volatility zone as indicated by the Bollinger Band, further increasing the chances of a northbound movement. The only concerning indicator was the Money Flow Index , which had entered the overbought zone.Subscribe to get it daily in your inbox.

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