- The PancakeSwap price has dropped by 22% on Wednesday.
- The price has jumped by 165% since November.
The PancakeSwap (CAKE) price registered an all-time low of $1.057 on October 20, 2023. The CAKE price has jumped by 206% since the all-time low. However, the price is facing resistance from the last swing high.
Explore short and medium-term CAKE price predictions and check the long-term price forecast for 2025, 2026, 2031, and beyond.
Current Price – $3.22 (2.45%) Price Prediction – $2.94 (-7.19%)
Market cap – $785.24 million Green Days – 17/30 (57%)
Volume – $146.62 million Fear & greed Index – 68 (greed)
Sentiment – Bullish RSI – 58.61
Volatility – 18.23% 200-day EMA – $2.14
The fear and greed index is 68 (greed) and the volatility is 18.23%. The PancakeSwap price has remained bullish for 17 days out of the past 30 days. According to our analysis, the CAKE price will drop 7.19% to reach $2.94 by January 9, 2024.
Long-term PancakeSwap Price Prediction for 2025, 2026, 2027, 2028, 2029, 2030, and 2031
Year | Yearly Low | Yearly High |
2025 | $2.78 | $7.30 |
2026 | $6.19 | $24.83 |
2027 | $6.88 | $11.38 |
2028 | $7.22 | $17.85 |
2029 | $15.37 | $17.36 |
2030 | $16.58 | $31.26 |
2031 | $17.66 | $22.35 |
Based on the historical price movements of PancakeSwap and the BTC halving cycles, the yearly low PancakeSwap price prediction for 2025 is estimated at $2.78. Meanwhile, the price of PancakeSwap is predicted to reach as high as $7.30 next year. Using the same basis, here is the PancakeSwap price prediction for each year up until 2030.
PancakeSwap Price Prediction 2026
The PancakeSwap price prediction for 2026 is currently between $6.19 on the lower end and $24.83 on the high end. Compared to today’s price, PancakeSwap could gain 668.22% by 2026 if it reaches the upper price target.
PancakeSwap Price Forecast Based on Technical Analysis
By analyzing the technical indicators, 21 technical indicators are signaling bullish signals while only 7 are giving bearish signals. The PancakeSwap price prediction sentiment is bullish.
PancakeSwap Price Prediction For Tomorrow and Next Week
Date | Price | Change |
Jan 05, 2024 | $3.19 | 0.00% |
Jan 06, 2024 | $3.38 | 5.69% |
Jan 07, 2024 | $3.42 | 6.98% |
Jan 08, 2024 | $3.25 | 1.59% |
Jan 09, 2024 | $2.97 | -7.19% |
Jan 10, 2024 | $3.05 | -4.625 |
Jan 11, 2024 | $3.32 | 3.92% |
Here is the PancakeSwap price prediction for the next 7 days which is based on the negative/positive trends of the last week. On the same basis, the CAKE price is predicted to gain 3.92% to reach $3.32 by January 11, 2024.
PancakeSwap Price Prediction FAQs
What is the PancakeSwap price prediction today?
According to our analysis, the CAKE price will gain 0.00% to reach $3.23 by today.
What is the PancakeSwap price prediction tomorrow?
The CAKE price is predicted to gain 5.69% to reach $3.38 by tomorrow.
What is the CAKE price prediction for 2025?
The CAKE price is predicted to gain 119.25% to reach $7.30 by 2025.
Will the Pancake Swap price reach $100?
The CAKE price would have to gain 2,997.25% to reach $100. According to our analysis, the CAKE price will hit $100 by July 2035.
Will the CAKE price reach $1000?
The PancakeSwap price needs to gain 29,972.50% to reach $1000. Based on our algorithm, the CAKE price will reach $1000 by January 2045.
Conclusion
The PancakeSwap price has been in a downtrend on the wider time frame but the bulls are dominating in the short-term. CAKE’s price is trading above the significant moving averages, showcasing a bullish trend.
Technical levels
Resistance: $3.70 & $5.00
Support: $2.70 & $2.00
Disclaimer
Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is especially volatile and speculative, and this article does not advise investing in cryptocurrencies or other ICOs. Since everyone is unique, a certified professional should be continually consulted before making any economic decisions.