BakeryToken (BAKE) Price Resumes Bullish Rally, Targets This Next Level; Why HIVE\'s Ongoing Spike May Not Last

BakeryToken has been on an upward trajectory since mid-April, consistently forming higher highs and higher lows while bouncing off a support trendline. This pattern suggests a strong bullish sentiment among investors.

BakeryToken (BAKE) price gives clues about the new level it aims for in the coming period. So, what's next for HIVE, which has been rising rapidly in recent days? BakeryToken exhibits a remarkable price performance despite its relatively low transaction volume.

Notable Points in BAKE PriceBakeryToken (BAKE) price has been moving in an upward trend since mid-April. In this process, the token bounces off the support trend line and records high highs and high lows. On-chain data shows that behind this price movement is a strong bullish expectation from investors.

Looking at the recent price performance, it seems that BAKE is poised to make more gains in the coming days. The next resistance level for the token is located around $0.46. This level represents an increase of approximately 17% from BAKE's current price. The target is consistent with the token's broader bullish trend and suggests that momentum may continue in the short term. HIVE Price Things to Watch While the HIVE price has shown signs of recovery in recent days, several factors warrant caution as investors expect a prolonged bullish run in HIVE.

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What It Needs for HIVE to Enter a Truly Bullish OrbitHIVE will be in the coming days It needs to break through several resistance levels to post further gains. The first level of resistance lies around $1.10. The token could then reach its on-chain price targets by surpassing the $1.25 and $1.40 levels.

However, HIVE has not initiated a true bullish comeback without convincingly breaking out of the falling channel it is currently in and posting higher lows. Until these conditions are met, investors should approach HIVE's recent price movement with caution. Participate in Aethir's special airdrop and earn badges by participating in events or holding community tokens. Complete the challenges and secure your spot before the snapshot date is announced!

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News source：https://www.kdj.com/cryptocurrencies-news/articles/bakerytoken-bake-price-resumes-bullish-rally-targets-level-hive-ongoing-spike.html

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