Pepe (PEPEUSD) Price Forecast: April 30
The Pepe market remains positive today again. The coin price is likely to swing up to the upper resistance level, provided buyers don’t give up and increase their momentum pressure in the market. If buyers successfully break up the resistance pattern at the $0.0000108, the next target by the bulls could be the $0.0000120 resistance level, resulting in an investment opportunity for coin buyers.
Key Levels:
Resistance Levels: $0.00000700 $0.00000750, $0.00000800
Support Levels: $0.00000400, $0.00000300, $0.00000200
PEPE (USD) Long-term Trend: Bullish (Daily Chart)
Pepe‘s price is bullish on the higher time frame. The price is likely to swing up to the upper resistance area as the coin is facing high pressure from the bulls. The price bar which is above the moving averages approaching the upper resistance is due to the high impact of buyers.
The high order flow from the bulls to the $0.00000807 high value in the last few days has made the price swing up above the supply levels lately.
The current price of the PEPEUSD at the $0.00000774 high level above the EMA-50 as the daily session opens today indicates an uptrend in the context of the strength of the market.
This gives room for the crypto buyers to swing up the token to hit the previous high at $0.0000108 level bringing a stable recovery to the asset.
Adding to this, there is a tendency for the coin to swing up further as indicated by the daily stochastic which remains in an uptrend. This will enable buyers to take the crypto price up to a high of $0.0000120 level soon in its long-term perspective.
PEPE (USD) Medium-term Trend: Bullish (4H Chart)
PEPEUSD may swing up to the upper resistance level while showing a more bullish impact in its medium-term time frame. The bulls are having the market at their disposal at the moment.
The bullish pressure at the $0.00000723 supply level in the past few hours has enabled the crypto price to swing above the trend levels in its recent high.
The bulls swung up the Pepe price to the $0.00000765 resistance level above the EMA-50 shortly after the 4-hourly chart opens today. This however makes it possible for the coin to increase further. Trading above the moving averages will enable the market value of PEPEUSD to keep trending up.
Similarly, the price signal which is pointing upwards indicates that the price of Pepe will continue to swing up and remain in an uptrend, if buyers should intensify their tension in the market and the prices break above the $0.00000815 resistance trend line, a bullish trend continuation to the overhead resistance of $0.0000120 is possible soon in the medium-term outlook time frame.
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