[ad_1]
Pancakeswap Bearish Sentiment Pulls Prices Down by 4%- Bulls failed to push Cake past the strong barrier at $3.47 but bears plunged it to $3.123.
- The Bollinger bands suggest that the selling pressure is increasing in the CAKE market.
- Indicators show the bearish trend is set to continue and surpass the support level of $3.12.
Pancakeswap bulls failed to push past the strong barriers at $3.47. However, the bears effectively drove prices lower till they reached support at $3.123. At press time the prices of Pancakeswap had fallen to $3.14 (a 4.19% decrease).
Market capitalization fell by 4.18% to $503,387,474 while the 24-hour trading volume dropped by 37.19% to $24,404,202 as a result of the recession.
The post Pancakeswap Bearish Sentiment Pulls Prices Down by 4% appeared first on Coin Edition.
[ad_2]
Source link
(This article is generated through the syndicated feed sources, Financetin neither support nor own any part of this article)
