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- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
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- Gate Brand Strategy Major Upgrade
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- 🔵 #Altcoin Season Index Hits 24#
CoinMarketCap data shows the altcoin season index has climbed to 24, up 2 points from yesterday. Among the top 100 projects by market cap, about 24 have outperformed BTC over the past 90 days. Do you think the altcoin season is true here? Which sectors do you expect to lead the charge? Share your predictions!
🔵 #Saylor Hints at More BTC Buying#
Michael Saylor, founder of Strategy, recently released new Bitcoin Tracker updates. Historically, Strategy tends to disclose BTC accumulation the day after such announcements.
What’s your take—will they increase thei - 🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts! - 🍕 Bitcoin Pizza Day is Almost Here!
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PancakeSwap (CAKE) Bulls Gain Ground as Selling Pressure Weakens
PancakeSwap price analysis suggests that the CAKE price is presently moving on an uptrend after breaking out of the bear’s stronghold. The price is trading above the 50-day and 200-day EMA levels on the daily timeframe.
According to BscScan, CAKE holders are increasing indicating positive momentum. On 4 March 2025, the holders’ count was 1,824,653 and it currently stands at 1,826,602. Moreover, the token transfer count has also increased in the last three days. On 14 March, the transfer count was 26,175 which increased to 137,941. The data signifies that the on-chain activity has increased in the last few days.
If the CAKE price gains buyers’ support at the present level, it can see a surge of 45% to 50% near the price of $4.00 within the next few weeks. Furthermore, the immediate support level for the altcoin is 13% below, around $2.2164. The price movements are relevantly more stable for CAKE crypto than other major digital assets.
According to CMC data, currently, CAKE’s price is trading at $2.57, and it has a market capitalization of around $754.14 million.
Will CAKE Break Above The $4.00 Mark?
Currently, PancakeSwap price is trading above the 50-day and 200-day EMAs (Exponential moving averages), which are supporting the bullish momentum
The current value of RSI is 67.71 points. However, the 14 SMA is below the median line at 42.34 points, which indicates that the PancakeSwap crypto is bullish.
The MACD curve at 0.0075 and the signal curve at -0.0989 heading in the upward direction. A bullish crossover is observed in the MACD indicator which signals positive momentum.
PancakeSwap (CAKE) is showing bullish momentum, trading above the 50-day and 200-day EMAs with increased on-chain activity and holder growth. With RSI and MACD indicators signaling positivity, CAKE could surge 45%-50% to $4.00, if current trends persist.
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