Pepe (PEPEUSD) Price Forecast: May 21
The Pepe market is currently trending up and rising towards the $0.0000114 resistance point leading to a further rally. With the look of things, the crypto may continue going higher to touch a significant level backed by increasing volume of the bulls’ activities which may trigger the coin price to a $0.0000120 upper high mark, indicating a strong buy signal to the coin holders.
Key Levels:
Resistance Levels: $0.00000700 $0.00000800, $0.00000900
Support Levels: $0.00000400, $0.00000300, $0.00000200
PEPE (USD) Long-term Trend: Bullish (Daily Chart)
On higher time frames, the PEPEUSD price is rising towards the previous high mark and this may continue. This is obvious because prices are trading strongly above the EMA line. 
The bulls’ high order flow at the $0.0000104 supply level in the last few days has made it possible for the crypto price to continue rising toward the upper high channel in recent times.
With the sustained buying pressure, the Pepe price reached a high at $0.00000953 value above the EMA-50 as the daily chart opens today. This indicates a strong supply pressure and more gains to buyers as the coin price rises towards the upper channel.
However, this rising pattern allows buyers to break out and target the $0.0000114 previous high mark, as the coin market is rising towards the upper resistance level.
Additionally, the PEPEUSD which is rising towards the previous high level may continue as shown by the price projector signaling an uptrend. This means that the bullish correction pattern may likely jump to reach the $0.0000120 upper resistance trend line sooner in the long-term outlook.
PEPE (USD) Medium-term Trend: Bearish (4H Chart)
At the time of writing, Pepe’s price is rising towards the resistance level in its medium-term outlook, which indicates that the coin is in a bearish setup.
The price drop to the $0.00000899 low value during the last session has dropped the coin price below the supply levels in recent times.
The market price of PEPEUSD which increases to a $0.00000953 high level below the resistance levels as the 4-hour chart opens today suggests that the bulls are coming in a grand style as the price is rising towards the resistance levels.
Furthermore, a steady rise in volume activity could push the prices up to the $0.0000115 previous resistance levels, indicating a stabilized bullish momentum.
Adding to this, the momentum indicator shows an uptrend, which means that the coin price will continue rising towards the upper channel and the $0.0000120 supply mark might be the target in its medium-term perspective.
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