Pepe (PEPEUSD) Price Could Rise Further

Pepe (PEPEUSD) Price Forecast: May 27
Based on the outlook, PEPEUSD price could rise further and move higher above the current resistance level if buyers should triple their efforts to forecast a bullish increase in the market above the $0.0000158 current resistance level, the $0.0000180 upper high barrier may be the next price target.

Key Levels:
Resistance Levels: $0.0000156 $0.0000157, $0.0000158
Support Levels: $0.00000350, $0.00000300, $0.00000250

PEPE (USD) Long-term Trend: Bullish (Daily Chart)
PEPEUSD price could rise further. The coin price seems to have pulled back a little but the overall trend is still bullish on the daily chart. As a result of price rejection at this level, there was an immediate reversal.

Buyers’ responsiveness to the market at the $0.0000157 supply value in the past few days has made the coin price to rise further above the resistance levels in recent times.

Meanwhile, the Lucky Block pair could rise further as the price is making higher highs and higher lows at the $0.0000158 resistance value above the EMA-50, creating a strong area of interest for the coin buyers.

Hence, an extra effort by the bulls could enable the coin price to rise further above the current level which will offer a strong resistance to the crypto price.

Additionally, under the influence of this market level, the PEPEUSD price could rise further and the bulls could therefore aim at the psychological $0.000180 level in the upper resistance area in the days ahead in its long-term perspective.

PEPE (USD) Medium-term Trend: Bullish (4H Chart)
On the 4-hour chart, the PEPEUSD price still trades in an uptrend. The price could rise further as it remains in a strong uptrend. Buyers are currently gaining more strength in the market as the price remains strong above the supply levels indicating a bullish trend.

In the previous session, the price closed at the $0.0000138 support level above the EMA-50, but additional buying pressure pushed the price above the critical level of $0.0000153 resistance value above the moving averages shortly after the 4-hourly chart opens today.

The market is reacting to this pattern, and its breakout could rise further to hit the $0.0000157 previous high point to provide a good buy entry opportunity.

However, there is a possibility of more upsides and the price could rise further as shown by the daily stochastic pointing up; it is expected the long traders to continue with the bullish race to a significant level at the $0.0000180 upper resistance level in the medium-term time frame as we watch the market rise further.

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