• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ForexSchoolOnline.com

Learn to Trade Forex Online

  • Compare Brokers
    • Broker Type
      • Paypal Brokers
      • Swap-Free Brokers
      • Low Spread Brokers
      • ECN / STP Brokers
      • Market Maker Brokers
      • Non Dealing Desk Brokers
      • Low Minimum Deposit Brokers
    • Country
      • Brokers for Australia
      • Brokers for South Africa
      • Brokers for the UK
      • Brokers for the US
      • Brokers for Nigeria
    • Regulation
      • FCA Regulated Brokers
      • ASIC Regulated Brokers
      • FSCA Regulated Brokers
      • CFTC Regulated Brokers
    • Platform
      • MT4 Brokers
      • MT5 Forex Brokers
    • Strategies
      • Hedging Forex Brokers
      • Scalping Forex Brokers
      • Carry Trade Forex Brokers
      • Brokers for Indicators and EA’s
  • Start Here
    • Start Trading Guide
    • Beginner Trading Lessons
  • Free Forex Course
    • Public Login
    • Register
    • Password recovery
  • Lessons
    • Strategies
    • Videos
    • MT4 Guides
    • Money Management
  • Trade Setups
  • Tools
    • Correct Free Demo Charts
    • Forex Journal Download
    • Position Size Calculator
    • FULL List of Tools
    • Forex Demo Accounts
  • Price Action Guide
  • Free Course

Pepe (PEPEUSD) Price Indicates a Fundamental Increase

Johnathon Fox
05/28/2024 | UPDATED ON: 05/28/2024

Pepe (PEPEUSD) Price Forecast: May 28
Today again, the PEPEUSD price indicates a fundamental increase. In the past few days, the bulls have been in control, driving the price upwards to the upper resistance levels. With strong buying pressure and positive market sentiment, crypto has the potential to continue its upbeat trend and attract more investors. Therefore, if the coin price could sustain above the current supply trend line at the $0.0000163 and hold, the coin price may trigger up to the overhead resistance mark at the $0.0000170 level, thus a clear buy signal.

Key Levels:
Resistance Levels: $0.0000160 $0.0000161, $0.0000162
Support Levels: $0.0000090, $0.0000089, $0.0000088

PEPE (USD) Long-term Trend: Bullish (Daily Chart)
On the daily chart, the PEPEUSD price indicates a fundamental increase above the moving average line following the recent market surge. This is due to the significant impact of buy investors on the crypto.
Pepe (PEPEUSD) Price Indicates a Fundamental Increase
The bulls’ sustained rally at the $0.0000149 high level during yesterday’s session has made it possible for the coin price to indicate a fundamental increase above the supply levels in recent times.

The bulls’ control over the market is affirmed by today’s daily bullish candle at the $0.0000163 barrier level above the moving averages. This breakdown can increase the positive momentum and take the current correction to new heights.

Additionally, the Pepe price may continue to show a fundamental increase and attract more investors as indicated by the daily stochastic which is pointing in an upward direction. Thus, the bulls could therefore aim at the psychological level of $0.0000170 resistance value as soon as the price shows a fundamental increase and remains firm above the supply levels in its long-term perspective.

PEPE (USD) Medium-term Trend: Bullish (4H Chart)
The PEPEUSD price also shows a fundamental increase above the supply trend levels facing the overhead resistance in its medium-term outlook.
Pepe (PEPEUSD) Price Indicates a Fundamental Increase
The successful breakout by the bulls to the $0.0000152 supply value during yesterday’s session has made it possible for the PEPEUSD market to show a fundamental increase above the resistance level in recent times.

Today, as the 4-hourly chart starts, the bulls show a fundamental increase in price and move higher, reaching the high value of $0.0000159 above the moving average lines. Given that bulls are still in control of the market at the moment, the Pepe price appears to be on the rise.

Thus, a potential breakout from the immediate resistance of $0.0000163 will give additional confirmation for a bullish recovery, if the bulls can increase their efforts in the market.

Meanwhile, buyers may likely continue to show a fundamental increase as indicated by the momentum indicator pointing upwards, this means that buyers will still be in control of the PEPEUSD market and this might hit the $0.0000170 resistance level soon in its medium-term view.

Buy Pepe on Longhornfx

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

About Johnathon Fox

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.

View all posts by Johnathon Fox →
Previous Post: « Arbitrum (ARBUSD) Price to Increase to the $2.406 High Value
Next Post: GBPUSD Slingshots Past the $1.2700 Resistance »

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Forex School Online

High Probability Price Action Trading

How to make, manage and take profit from trades in the markets

Start Learning (It's Free!)

Turn Your Trades into Winners!

The Price action course is the in-depth advanced training on assessing, making and managing high probability price action trades.

Sign up for Free!

Recommended Broker

  • Broker
  • Min Deposit
  • Benefits
  • Score
  • Visit Broker

$200

T&Cs Apply
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
5
Trade Now FreeBets Reviews
Reviews

Footer

Get Our FREE Course, Bonus Strategies & Indicators!
X
Join Us Now!

Your capital is at risk.

X

CORNERSTONE LESSONS

Forex Trading for Beginners

Price Action Trading

How to Trade Forex

Technical Analysis

Forex Charts

Forex Trading Strategies

Money Management 

Compare Brokers

Best Forex Brokers

Forex Demo Accounts

Best Forex Trading Platforms

Forex Apps

Swap Fee Accounts

MT4 Brokers

CATEGORIES

Forex Videos

Trading Lessons

Weekly Trade Ideas

Start Here Guide

ForexSchoolOnline.com helps individual traders learn how to trade the Forex market

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision. The information on this website is general in nature so you must consider the information in light of your objectives, financial situation and needs.

Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. This website is free for you to use but we may receive a commission from the companies we feature on this site.

We Introduce people to the world of currency trading. and provide educational content to help them learn how to become profitable traders. we're also a community of traders that support each other on our daily trading journey

Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

Copyright © Forex School Online Sitemap  - Privacy Policy - Disclaimers & Terms of Use - CONTACT US