Despite the fact that 100% accurate technical analysis for PancakeSwap cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated CAKE buy-and-sell rating for selected timeframe. The summary for CAKE/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.
Below we have collected the most reliable price projections for PancakeSwap (CAKE) from popular forecast platforms.
#1. WalletInvestor CAKE Price Prediction for 2021, 2023, 2025
According to WalletInvestor, PancakeSwap price will grow from $22.3 to $46.041 in one year. That makes CAKE an awesome investment. The long-term earning potential is 106.46%. Predicted price for the end of 2026 is $150.706.
#2. TradingBeasts CAKE Price Prediction for 2022
Answering the question about if PancakeSwap is a good investment, TradingBeasts say a resounding no. In the 2021 perspective, this coin price is predicted to reach $19.959 with a growth to $28.136 by the end of 2022.
#3. DigitalCoin CAKE Price Forecast for 2021, 2022, 2023, 2025
In DigitalCoin analysis, the price of PancakeSwap cryptocurrency will rise in the next 5 years starting from $22.6291 as of today’s price to $93.5472018. It will go up to $36.691367 by 2022 and continue its growth in 2023-2024. Based on this forecast, PancakeSwap is a profitable long-term investment.
#4. LongForecast CAKE Price prediction for 2021-2022
In 2021, the average PancakeSwap price will go up to $22.775. In 2022, PancakeSwap’s price will rise significantly to an average of $28.3345833.
As it can be clear from the analysis cited above, PancakeSwap (CAKE) projections are rather contradictory. There is no universal consensus either about positive or negative future CAKE price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the PancakeSwap projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
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