Pepe (PEPEUSD) Attempting the Next Big Bounce

Pepe (PEPEUSD) Price Forecast: July 25
PEPEUSD is about to resume its bullish race after completing the dip-lows. Pepe (PEPEUSD) attempting the next big bounce. The coin is now set for the next bull cycle and a swift increase is expected to follow soon. Therefore, a bullish crossover above the $0.00000200 high mark will encourage the buy investors for a longer correction and this might reach a high at the $0.00000300 upper supply trend line.

Key Levels:
Resistance Levels: $0.00000150 $0.00000160, $0.00000170
Support Levels: $0.00000100, $0.00000090, $0.00000080

PEPE (USD) Long-term Trend: Bearish (4H Chart)
The PEPEUSD pair is trading in the bearish trend market in its long-term outlook. The price bar can be seen slightly below the moving average lines and has confirmed its bearishness.

The interference of short-term traders to the $0.00000146 low level in the previous action has contributed to its bearish momentum in recent times.

We have also spotted a breakout and the start of a continuation to the upside. As of now, the coin price made a pullback at the $0.00000148 value which further increases to the $0.00000149 supply value below the two EMAs as a correction phase with intraday gains.

Such lower price rejection indicates that buyers are defending this level and attempting to push the price higher. Hence, a strong push above the $0.00000200 supply level will offer strong resistance to the crypto price.

Also, Pepe is showing more upside possibilities on the daily stochastic as we can certainly expect more strength from the coin and this may likely get to a $0.00000300 upper resistance mark in the coming days in its long-term outlook.

PEPE (USD) Short-term Trend: Bearish (1H Chart)
The PEPEUSD pair is showing a bearish display in its short-term perspective. The price bars can be seen below the moving averages. This is due to the high inflow from the sell traders. However, there is about to be a turnaround for the coin buyers.

The bears’ pressure on the crypto to the $0.00000148 low value in the past few hours has dropped the price below the supply trend lines in recent times.

The crypto rebounded from the mentioned support at the $0.00000149 supply value as the 1-hourly chart opens today. This indicates a genuine reversal which may attempt the $0.00000182 breakout.

Further, Pepe is showing more upside possibilities as we can certainly expect more strength from the coin and this may likely get to a $0.00000300 upper resistance mark in the coming days in its short-term outlook.

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