After the bearish movement we had during the couple days ago, we can notice that the market gains momentum again. BNB moves around $255 right now, near a good resistance level of $257. If the uptrend continues and it breaks $257 then we are going to hear towards $277 level where the price is going to be tested again. BNB is a hyped coin with all the gains that...
CAKE has alreadyy dropped around 18% over the last few hours. Pancakeswap's native token has shown that it has a strong community behind it that supports the project and a lot of legit projects coming to the platform consistently. The chart seems that there will be an upward progression and CAKE can giv a profit of 10% in short term positions.
Looking at the 2h candles we can see that Ripple is doing a correction after the upward movement that pushed the price to growth. The Fibonaccis show that the price is entering an already created resistance which means that the price is going to be tested there. The next hours are going to show if the community is confident for a further grow in Ripple's price.
Here we can see the 4h hollow trend of the DOGEUSDT pairing. It seems that Dogecoin is moving above its support level, away of any resistance. In other words, DOGE is not going to do any extreme up or down in short-term.
BEL is still heavily traded in Binance and it has hit $3 which is a low level in a long term trend. Profit Target 1: $3.6 Profit Target 2: $4.1
PancakeSwap's native token, CAKE, is something that has given a lot of profits to investors with its movement so far. The price keeps growing steadily and we can see a smooth upward trend in the chart which seems that it will continue in the future as the chart shows there is not any strong resistance in the way to go UP. Happy gains and Happy trading to everyone!
BNB is a coin that has caught investor's attention lately and it is already described as the coin of the year for 2021. After reaching the $250 support level BNB is now growing again. It seems that the next target is $301 before making a new correction again. Happy gains and Happy trading to everyone!