Pepe (PEPEUSD) Price Forecast: March 7
The Pepe market has emerged as a stand-out in the crypto market, making positive moves and looking impressive at the moment. Based on the outlook, the crypto can swing up further and test the supply level of $0.00000827. Should the bulls increase their pressure, the resistance level of $0.00000744 may not hold and it may extend to a $0.00000800 high level and beyond, resulting in an intraday gain and a potential crypto signal for the coin holders.
Key Levels:
Resistance Levels: $0.00000650 $0.00000700, $0.00000750
Support Levels: $0.00000200, $0.00000199, $0.00000198
PEPE (USD) Long-term Trend: Bullish (Daily Chart)
PEPEUSD indicates an upward trend and looks impressive with a bullish sentiment in its long-term perspective. The coin is strongly trading above the supply levels, indicating a strong upward trend.
The coin has been having a series of moves by the bulls which has made it convenient for the price to remain firm in an uptrend in its recent high.
The bulls’ increase to a $0.00000744 upper high level above the supply trend line as the daily chart opens today makes the coin market look impressive and good to buy for the coin traders.
Therefore, a break above the $0.00000827 high point would intensify the buying pressure on the crypto and set the potential for further growth.
Notably, the momentum indicator also signaled up indicating an uptrend. Buyers are expected to continue with the trend and in this case, the price might hit the $0.00000900 resistance value soon as the Pepe market looks impressive in its long-term perspective.
PEPE (USD) Medium-term Trend: Bullish (4H Chart)
On the medium-term outlook, the PEPEUSD pair also looks impressive to buy as it remains in a strong resistance zone. The crypto has broken above the moving averages and indicates a possible rise of the pair. The pair is currently above level $0.00000644 high mark.
The Pepe market looks impressive to buy as the bulls pushed the coin price up to a $0.00000744 resistance level above the moving averages as the 4-hour chart opens today, this means that the bulls are in control of the market at the moment.
However, the currency pair could grow further if the buy traders managed to break up the $0.00000869 previous high level, maintaining a further growth potential for the buy traders.
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