$CAKE /USDT is trading at approximately $2.82, reflecting a 14.17% increase from the previous close.
đWeekly Price Predictions for CAKE
Analysts project a modest upward trend for CAKE this week:
â˘Binance anticipates a 5% increase, potentially reaching around $2.41 by week's end.
â˘CoinLore forecasts a rise to approximately $2.44 by the end of the week.
â˘CoinCodex predicts a potential increase of up to 17.43%, with prices possibly reaching $2.75 by June 2, 2025.
These projections suggest a generally bullish outlook for CAKE in the short term.
Technical Indicators
Recent analyses indicate a bullish trend for CAKE:
â˘The 50-day moving average is on the rise, signaling a strong short-term trend.
â˘The 200-day moving average has also been ascending since May 19, 2025, indicating a robust longer-term trend.
These technical indicators support the positive price predictions for CAKE this week.
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