CAKE Price Analysis: High Momentum Breakout from $3.5 Foretells a 22% Jump

On July 27th, the Pancake (CAKE) price rebounded from the support trendline with a minor star candle pattern. The resulting run-up amid improving market sentiment surged the market price 24% higher and breached the $3.55 and $3.85 resistances. Furthermore, the breached resistance may offer an entry offer to sidelined buyers. Key points: The CAKE price The post CAKE Price Analysis: High Momentum Breakout from $3.5 Foretells a 22% Jump appeared first on CoinGape.