📈 Analysis and forecast for $CAKE on Binance: What are the further prospects? 📉
As of June 11, 2025, 11:50 EEST, the rate of $CAKE on Binance is $2.564, with an increase of 4.48% over the last 24 hours. Trading volume remains stable, and market capitalization reflects moderate trader interest fueled by the popularity of PancakeSwap in the Binance Smart Chain (BSC) ecosystem. The increase is associated with protocol updates and positive sentiment in the DeFi sector.
Technically, $CAKE shows moderate bullish momentum. On the 4-hour chart, the 50-day SMA crossed above the 200-day SMA, signaling an upward trend. The RSI (14) at 58 is in the neutral zone, and the MACD shows weak bullish convergence. Key resistance is at $2.70, a breakout of which could lead to $3.00. Support is at $2.40, below which is $2.20.
Forecast: In the coming days, CAKE may consolidate in the range of $2.40–$2.70, with the potential for growth to $3.00 by the end of June supported by volume. By July 2025, a rise to $3.50 is possible if interest in BSC remains and new PancakeSwap features are introduced. The long-term outlook for 2026 is $5+, assuming an increase in staking activity and listings on major platforms. Fundamentally, CAKE benefits from a stable ecosystem, but risks include competition and regulatory changes.
Further prospects? A rise of 4.48% and a price of $2.564 are close to the resistance of $2.70. Buying at $2.40 with a target of $3.00 and a stop-loss at $2.20 appears justified. Posts on X and web data reflect moderate optimism, with forecasts up to $4 by 2025, although this is speculative. Stay tuned for news! #CAKE #Binance #CryptoAnalysis
