PancakeSwap ($CAKE ) shows strong growth: current price $3.262, +15% over 24 hours! 📈 Technical analysis indicates bullish momentum: the price broke through the 50-day EMA ($3.05), and RSI (64.23) signals a strong trend without overbought conditions. Trading volumes have increased to $219.3M, reflecting interest following news of V4 expansion and partnerships with BNB Chain. Key levels: resistance $3.50–$4.00, support $3.00–$2.80.
2025 forecast: analysts expect a range of $2.50–$5.00, with potential up to $7.50 as DeFi adoption strengthens and TVL grows ($1.7B). Long-term prospects: by 2030, the price could reach $10–$20 if PancakeSwap solidifies its position in AMM and GameFi. Risks: volatility and competition with Uniswap.
Short-term target: a breakout $CAKE $3.50 could open the way to $4.50. If it retraces below $3.00, a correction to $2.50 is possible. Keep an eye on news and BTC movement!
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