{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/pepe-pepeusd-potential-for-bullish-rise-amid-market-uncertainty\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/pepe-pepeusd-potential-for-bullish-rise-amid-market-uncertainty\/","headline":"Pepe (PEPEUSD) Potential for Bullish Rise amid Market Uncertainty","name":"Pepe (PEPEUSD) Potential for Bullish Rise amid Market Uncertainty","description":"Pepe (PEPEUSD) Price Forecast: July 6PEPEUSD is positive today again and has a potential for a bullish rise amid the uncertainty in the market. The crypto will most likely continue its bullish run and the price could still go higher if the price can break up the $0.00000197, then we can expect a good upside […]","datePublished":"2023-07-06","dateModified":"2023-07-06","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/07\/PEPE-THUR-LNT.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/07\/PEPE-THUR-LNT.png","height":595,"width":1281},"url":"https:\/\/forexschoolonline.com\/pepe-pepeusd-potential-for-bullish-rise-amid-market-uncertainty\/","about":["Cryptocurrency","Forex Trading Tools","FX Technical Analysis","Technical Analysis","Trade Idea","Trade Setups"],"wordCount":470,"keywords":["Pepe","PEPEUSD","Technical Analysis"],"articleBody":"Pepe (PEPEUSD) Price Forecast: July 6PEPEUSD is positive today again and has a potential for a bullish rise amid the uncertainty in the market. The crypto will most likely continue its bullish run and the price could still go higher if the price can break up the $0.00000197, then we can expect a good upside momentum up to $0.00000250 upper resistance value and beyond.Key Levels:Resistance Levels: $0.00000160, $0.00000170, $0.00000180Support Levels: $0.00000110, $0.00000100, $0.0000090PEPE (USD) Long-term Trend: Bullish (4H Chart)The Pepe market price is in a bullish posture and also trades in an uptrend even though the short traders are involved in its long-term outlook. The price bar can be seen trading above the two EMs which confirms its uptrend. The high order flow from the bulls at the $0.00000182 high value during yesterday\u2019s session also added to this bullishness in its recent high. Pepecoin, the frog-themed cryptocurrency, recently underwent a correction phase following a price rally that hit the $0.00000163 barrier in late June. This retracement lasted for over a week, allowing the exhausted bullish momentum to recuperate. Thus, with today\u2019s price surge, the PEPEUSD price reflected the continuation of the prevailing uptrend and rise to the $0.00000177 supply value above the moving averages. A breakout above the current trend line could set Pepe’s price for a 15% extended recovery.Next, the underlying sentiment suggests an uptrend continuation in the coming days as indicated by the daily stochastic. It is expected of buyers to push the price of PEPEUSD further up to a significant level in the upsides and in this case, the target might be the $0.00000250 supply level in the higher time frame.PEPE (USD) Short-term Trend: Bullish (1H Chart)On the lower time frame, prices of PEPEUSD are above the moving averages and have confirmed a bullish momentum breaking the previous high. The pair is in a smooth uptrend as can be seen from the chart below.The bulls\u2019 pressure on the currency pair in the past few hours has made it possible for the price to remain in an upward trend zone in recent times.Today, Pepecoin witnessed a significant inflow of buying pressure, leading to an impressive 15% intraday jump.The coin price rises significantly above the resistance trend lines at the $0.00000177 level as the 1-hourly chart begins today. This is due to a high bullish impact on the market price.This surge will enable the altcoin to breach two crucial resistance levels to hit the previous high of $0.00000197 soon.Hence, PEPEUSD is showing more upside possibility as indicated by the daily stochastic which is pointing in an upward direction. We can certainly expect more gains and strength from the coin as the bulls continue to dictate the market conditions. The pair may likely reach the $0.00000250 resistance level in the days ahead in its lower time frame.Buy Pepe on eToro "}