Many crypto assets are bullish today, recording increased prices and new milestones. Some include INJ, MASK, WSM, Ecoterra, yPredict, CAKE, Launchpad, and DeeLance. <\/span><\/p>\n
Irrespective of the numerous factors that impact the prices of cryptocurrencies, these coins are experiencing dramatic price surges today, May 29. <\/span>Moreover, several indicators hint at the high growth potential for these cryptocurrencies. <\/span><\/p>\n
The Moving Average Convergence\/Divergence (MACD) of INJ is above the signal line, representing its current bullish trend. <\/span>Also, considering the bold green bar on the histogram, INJ could gain more prices before the trade closes.<\/span><\/p>\n
As the name implies, yPredict<\/a> is an AI-driven ecosystem with numerous tools built for precise predictive models. <\/span>In other words, it’s an all-encompassing platform that provides analysts, quants, traders, and even developers with automated tools for their work.<\/span><\/p>\n
PancakeSwap is a decentralized finance app (DeFi app), an automated market maker (AMM). <\/span>It enables users to swap their tokens, providing liquidity through farming and fees reward.<\/span><\/p>\n
Its utility token, CAKE, is performing tremendously in the crypto market. <\/span>Today, May 29, 2023, it is <\/span>trading at $1.75<\/span><\/a>, a 12.25% price increase at the time of writing. <\/span>While some indicators represent bearish signals for PancakeSwap (CAKE), others tip at the crypto to record new prices on its historical data.<\/span><\/p>\n
PancakeSwap (CAKE) has its Moving Average Convergence\/Divergence (MACD) above the signal line, representing the crypto’s price increase during its trade today.<\/span><\/p>\n
Also, the bold green bar on the histogram suggests more price rallies for CAKE, causing it to trade between $1.7 and $1.9 before the day ends.<\/span><\/p>\n
Meanwhile, CAKE’s Relative Strength Index (RSI) is at 34.60, a neutral market position between the oversold below 30 and the overbought zone above 70.<\/span><\/p>\n