Pancakeswap has been moving really sideways and hasn't picked up any momentum with the rest of the market. It's been trading between $17.50 - $20.50 since September 19th and showing signs of heavy accumulation at $19.00.
I do believe Pancakeswap will move due to:
- The growth of the Binance Ecosystem.
- The meme coin community trend will continue throughout this cycle. A lot of meme coins especially new ones are accessible on Pancakeswap for extremely low fees. Meme coins bring in a ton of new liquidity into the market.
- Ranks top 10 in Total Value Locked (TVL) and TVL is steadily growing.
After we break out of this sideways pattern I do expect a run up to $22.69 at the 0.236 Fibonacci level. Personally I love when there's a prolonged amount of dullness and sideways action. Keep Pancakeswap on your radars!
Much peace, love, health, and wealth!
I do believe Pancakeswap will move due to:
- The growth of the Binance Ecosystem.
- The meme coin community trend will continue throughout this cycle. A lot of meme coins especially new ones are accessible on Pancakeswap for extremely low fees. Meme coins bring in a ton of new liquidity into the market.
- Ranks top 10 in Total Value Locked (TVL) and TVL is steadily growing.
After we break out of this sideways pattern I do expect a run up to $22.69 at the 0.236 Fibonacci level. Personally I love when there's a prolonged amount of dullness and sideways action. Keep Pancakeswap on your radars!
Much peace, love, health, and wealth!
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.