PancakeSwap(cake)market reviews and price predictions

PancakeSwap market statement for 2022-10-02

Yesterday the price of cake stood at $4.6. The market capitalization of the asset was $647 862 039. PancakeSwap’s volatility was established at 0.44%. The trading volume of the coin reached $58 259 691.

PancakeSwap prognosis for the next days:

We estimate the price of PancakeSwap to be $4.69 tomorrow 2022-10-04 and $4.54 on 2022-10-10;

We estimate the market capitalization of PancakeSwap to reach $659 903 183 tomorrow 2022-10-04 and $666 441 878 on 2022-10-06;

We estimate the volatility of PancakeSwap to become 1.89% tomorrow 2022-10-04 and 2.02% on 2022-10-06;

We estimate the trading volume of PancakeSwap to amount to $66 652 589 tomorrow 2022-10-04 and $68 537 538 on 2022-10-06.

Our recommendation for the pair CAKE/USD for tomorrow, 2022-10-04, to sell.

PancakeSwap(cake)week price prediction
2%
Price
Volatility
Capitalization
Volume
Sep 04Sep 11Sep 18Sep 25Oct 02Oct 09Sep 04Sep 11Sep 18Sep 25Oct 02Oct 094.04.24.44.64.84.04.24.44.64.8
Today's review

PancakeSwap market stayed flat from September 26 - October 2.

PancakeSwap portrayed neutral behavior last week, with no changes in the price. The volatility of CAKE has been low throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin last week took place on the back of decreased trading volume.

Latest reviews

The torpid PancakeSwap had its price rise only by 1% last week (September 25 - October 1).

The bullish behavior of PancakeSwap last week was characterized by the occurrence of upswings. The price swings of CAKE pointed to the presence of low volatility. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

PancakeSwap showed a moderate 7% growth between September 16 and September 22.

Between September 16 - September 22, PancakeSwap has been mostly bullish as its price has been in the rising mode. The volatility associated with the CAKE market was low, as were its price fluctuations. The price action on the coin's market translated to the growth of market capitalization. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

Restrained price action on September 14 to September 20 as PancakeSwap moves up by only 4%.

The price of PancakeSwap was rising last from September 14 until September 20, giving enough reason to conclude that the market is bullish. The price swings of CAKE pointed to the presence of low volatility. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the increasing trading volume.

Last week’s (September 13 - September 19) irresolute PancakeSwap : the price moved up no more than 2%.

The upward movement of the PancakeSwap price last week indicates the chosen market is. The price swings of CAKE pointed to the presence of medium volatility. The asset saw its market capitalization falling over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

Bearish response: The PancakeSwap price melts by 4% between September 11 and September 17.

The price of PancakeSwap was falling last from September 11 until September 17, giving enough reason to conclude that the market is bullish. CAKE was caught in a period of medium volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.

September 10 - September 16 market wrap: PancakeSwap had a slight 3% drop.

The behavior of PancakeSwap last week was characterized by the occurrence of downswings. The volatility associated with the CAKE market was medium, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

Bearish response: The PancakeSwap price melts by 5% between September 9 and September 15.

PancakeSwap has been bullish last week as its price has been predominantly falling. The volatility of CAKE has been medium throughout the reviewed period in correspondence with the price action. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.

Restrained price action on September 8 to September 14 as PancakeSwap moves up by only 2%.

Between September 8 - September 14, PancakeSwap has been mostly bullish as its price has been in the rising mode. CAKE was caught in a period of medium volatility, which was reflected in its price action. There has been a rise in the market capitalization of the asset during the period under review. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

The bulls muster more strength as PancakeSwap rises by 12% from September 6 to September 12.

The price of PancakeSwap was rising last from September 6 until September 12, giving enough reason to conclude that the market is bullish. The volatility associated with the CAKE market was medium, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

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