PancakeSwap (CAKE) has been consolidating for several years, allowing weaker positions to exit and stronger participants to accumulate. A sustained move with higherPancakeSwap (CAKE) has been consolidating for several years, allowing weaker positions to exit and stronger participants to accumulate. A sustained move with higher

PancakeSwap (CAKE) Price Analysis: Accumulation Signals Potential Breakout to $26

  1. CAKE is testing major resistance for the third time after a long accumulation phase, increasing breakout pressure.
  2. Prolonged consolidation suggests weaker holders are exiting while stronger participants accumulate near resistance.
  3. A high-volume breakout from this support could confirm a macro trend shift toward $26 and place CAKE among leading altcoins.

PancakeSwap (CAKE) has been consolidating for several years, allowing weaker positions to exit and stronger participants to accumulate. A sustained move with higher volume could trigger a major breakout, signaling a new phase for CAKE and other altcoins.

At the time of writing, CAKE is trading at $1.85, supported by a 24-hour trading volume of $100.7 million and a market capitalization of $623.28 million. Its price has declined by 9.35% over the last 24 hours and 20.98% over the last week.

Source: CoinMarketCap

Also Read: PancakeSwap CAKE Gains Momentum: Can Bulls Hit $3.19 Next?

CAKE Holds Near $1.85 Support Within Long-Term Range

PancakeSwap (CAKE) is still in a wide range on the weekly chart, having failed to overcome the resistance range of $3.30-3.70 previously. This indicates the presence of very strong selling pressure at that level, and a failure to overcome the range of $3.00-$3.20 has now confirmed it as a significant resistance level, but the price is currently trading close to the lower boundary of the long-term range around $1.85, close to the 0-0.382 Fib support line.

Source: TradingView

Momentum is losing steam with an RSI value below 50, showing bearish dominance but not an oversold market. Above the $1.80-$1.90 levels will carry potential for a pullback to $2.30 and $2.80, while any strong breakthrough will carry risks of reconsolidation and thus render the accumulation scenario invalid.

CAKE Consolidates and Signals Potential Breakout to $26

CAKE, the native token of PancakeSwap, is again under the spotlight as it approaches a crucial level of support for the third time this year. CAKE has been accumulating for almost 3.5 years and has reached the top of its range at the $26 level for the last time this year.

The protracted period of consolidation indicates possible dispersion of weaker positions, providing an opportunity for stronger market participants to accumulate. As the price is pressed close to the zone of resistance, market analysts are keenly observing for any indication of strength, specifically with regard to momentum and volume. The longer CAKE stays in the vicinity of this region with limited strong rejections, the stronger will be the potential for breakout.

Source: X

A strong breakout at this level of support, especially on increased volumes, would indicate a significant shift in the macro structure of CAKE and would push the token toward $26 again. This could indicate that the altcoin has emerged from its extended range and is about to enter into a new phase, where other altcoins that are displaying initial signs of market shift will also fall into place along with CAKE.

Also Read: PancakeSwap (CAKE) Retests Symmetrical Triangle: Could This Trigger a $25 Surge?

Market Opportunity
PancakeSwap Logo
PancakeSwap Price(CAKE)
$1.868
$1.868$1.868
-0.10%
USD
PancakeSwap (CAKE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MoneyGram launches stablecoin-powered app in Colombia

MoneyGram launches stablecoin-powered app in Colombia

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia
Share
BitcoinEthereumNews2025/09/18 07:04
ServicePower Closes Transformative Year with AI-Driven Growth and Market Expansion

ServicePower Closes Transformative Year with AI-Driven Growth and Market Expansion

Double-digit growth, 50% team expansion, and accelerated innovation define 2025 momentum MCLEAN, Va., Dec. 18, 2025 /PRNewswire/ — ServicePower, a leading provider
Share
AI Journal2025/12/18 23:32
XRP Fractal Signals $6–$7 Surge by November Amid DLT Disruption

XRP Fractal Signals $6–$7 Surge by November Amid DLT Disruption

The post XRP Fractal Signals $6–$7 Surge by November Amid DLT Disruption appeared on BitcoinEthereumNews.com. XRP Fractal Analysis Hints at $6–$7 Breakout by Mid-November According to renowned market analyst EGRAG CRYPTO, XRP may be on the verge of a significant price movement. In his latest analysis, he points to a fractal formation pattern that suggests XRP could reach the $6–$7 range by mid-November.  Source: EGRAG CRYPTO This projection has quickly caught the attention of traders and long-term investors, as XRP’s current price remains well below this target. Fractals, often used in technical analysis, are recurring chart patterns that can help predict future price action by identifying historical similarities in market behavior.  Therefore, EGRAG CRYPTO argues that XRP is currently mirroring a previous structure that led to a notable rally. If this fractal setup plays out as expected, it could mark one of the most significant price surges for the digital asset in recent years. If XRP reaches $6–$7 by mid-November, it would mark a major win for investors and a symbolic breakthrough for a token that has endured regulatory battles and market volatility, validating its resilience and cementing its relevance in the evolving digital finance ecosystem. Meanwhile, a recent cup-and-handle pattern signalled that XRP had the potential of soaring to $15 by year-end with the altcoin presently trading at $3.04 per CoinGecko data.  DLT-Based Solutions: How Ripple and Stellar are Redefining Cross-Border Banking According to crypto observer SMQKE, distributed ledger technology (DLT)-based solutions are increasingly challenging the traditional correspondent banking model.  For decades, cross-border payments have relied on a chain of intermediaries, often resulting in slow settlements, high costs, and limited transparency. But with the rise of blockchain networks such as Ripple and Stellar, the industry is experiencing a seismic shift. The correspondent banking model depends on trust and pre-funded accounts, locking up liquidity and exposing banks to counterparty risk.  Transactions often take days to…
Share
BitcoinEthereumNews2025/09/19 16:12