Pepe (PEPEUSD) Price Forecast: July 18
Today, the Pepe market is attracting more buy investors and remains positive. The coin is making positive moves and looks promising at the resistance level of $0.0000126. The cryptocurrency may rise even higher and attempt to reach the $0.0000172 supply threshold. If the bulls put more pressure on the market, the resistance level around $0.0000126 might not hold, and the price might rise as far as $0.0000180 and higher, attracting more investors.
Key Levels:
Resistance Levels: $0.0000124 $0.0000125, $0.0000126
Support Levels: $0.0000112, $0.0000111, $0.0000110
PEPE (USD) Long-term Trend: Bullish (Daily Chart)
The PEPEUSD pair is attracting more buy investors and looks promising in its higher time frame. This is obvious as we can see prices making higher highs and higher lows above the EMA line moving towards the upper resistance level.
The previous action by the bulls at the $0.0000114 high level during yesterday’s session has sustained the coin price to remain above the trend line, attracting more buy investors in its recent high.
As the daily session begins today, the bulls’ movement pushes the price of Pepe to the $0.0000126 resistance level above the EMA-50, an indication of high conviction from buyers.
However, there are bullish signals above the level of $0.0000113 which indicates a possible further increase in the market value.
Further, the PEPEUSD price indicates an upward momentum on the daily signal, this indicates that the pair will continue to attract more buy investors and this may get to the $0.0000180 upper resistance trend mark soon in its long-term outlook.
PEPE (USD) Medium-term Trend: Bullish (4H Chart)
The Pepe price is recovering and attracting more buy investors as it continues to make higher highs and lows above the moving average in its medium-term outlook.
The coin has been having a series of higher highs and higher lows, making it possible for the price to attract more buy investors and remain stronger in an upward trend in its recent high.
The market price of PEPEUSD is attracting more buy investors at the upside above the moving average line at the $0.0000126 resistance level as the 4-hourly chart opens today, attributing the rise to growing investor enthusiasm and a positive shift in the market.
Hence, a strong break-up above the $0.0000134 resistance point would strengthen the bullish pressure and enable the coin price to remain stable on the upside.
Additionally, the Pepe market indicates an uptrend on the daily stochastic, suggesting that the crypto might continue to attract more buy investors and remain stable at the upside. As a result, the bulls could push the price to a $0.0000180 upper resistance level soon as it keeps attracting more buy investors in its medium-term perspective.
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