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CAKE Price Increases to Retest $4.6 Level, TAMA Debuts on OKX

CAKE Price Increases to Retest $4.6 Level, TAMA Debuts on OKX

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The bulls continue to take the cake

CAKEUSD Price Analysis – September 26th

If buyers increase their momentum and penetrate the $4.6 resistance level, the $5.0 and $5.5 resistance levels may be tested. If sellers push CAKE down, it will face barriers at the $4.5, $4.3 and $3.8 support levels

CAKE/USD market

Key levels:

Resistance levels: $4.6, $5.0, $5.5

Support levels: $4.5, $4.3, $3.8

CAKEUSD Long-term trend: Up

PancakeSwap is bullish on the daily chart. After forming the cup with the shape of the handle. The coin remains under the control of the buyers. It will rise to the $4.3 resistance level. It pulled back to retest the dynamic support level as a normal phenomenon in a trending market. Buyers returned to the market and pressured the price to break the $4.3 resistance level. The price continues to rise to test the $4.6 resistance level.

PancakeSwap is trading above the 9-period EMA and 21-period EMA, indicating increasing buyer momentum. If buyers increase their momentum and penetrate the $4.6 resistance level, the $5.0 and $5.5 resistance levels may be tested. If sellers push the price down, it will face barriers at the $4.5, $4.3 and $3.8 support levels. At the same time, the relative strength index period 14 is at the 60 level with the signal line pointing up to indicate a buy signal.

Tamadog OKX

Buy CAKE now

Your capital is at risk

CAKEUSD medium-term trend: Bullish, TAMA debuts on OKX

PancakeSwap is bullish on the 4-hour time frame. The coin’s support was retested at the $3.8 level after the formation of a cup and handle pattern. Due to the low momentum of the bears, the price bounced and went up. It broke the $4.3 level. It is currently testing the $4.6 resistance level.

PancakeSwap is trading above the 9-period EMA and the 21-period EMA. Period 14 of the relative strength indicator is at the 57 level and indicates a buy signal.

Stay tuned to the crypto news feed here on InsideBitcoins for more updates on Tamadog’s initial public offering as the September 27th IPO date approaches. The OKX website has announced that the TAMA withdrawal will open at 13:00 UTC on the listing day.

Tamadoge – Play and earn meme coins

Tamadog logo
  • Earn TAMA in battles with Doge Pets
  • Limited Supply of 2 Billion, Token Burn
  • Advance sales raised $19 million in less than two months
  • Upcoming ICO on OKX Exchange

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