Pepe (PEPEUSD) Price Forecast: March 27
The Pepe market is on the positive side today. The coin price is trending up and may reach the upper resistance level soon. If buyers are successful in the pattern breakout, the upside moves might test the previous supply level of $0.0000108, which could further lead to the $0.0000120 upper resistance level, accounting for a rise.
Key Levels:
Resistance Levels: $0.00000829 $0.00000830, $0.00000831
Support Levels: $0.000000900, $0.000000800, $0.000000700
PEPE (USD) Long-term Trend: Bullish (Daily Chart)
On higher time frames, the PEPEUSD price is trending up and also remains bullish. This is obvious because prices are trading above the EMA line.
This is due to the significant impact of buy investors. The bulls’ high order flow during yesterday’s session contributed to this bullishness.
As of the time of writing, the coin buyers made an increase to the $0.00000831 high value above the EMA-50 as a correction phase with intraday gains. This shows that the Pepe market price is trending up.
Hence, a strong push above the $0.0000108 supply level will offer strong resistance to the crypto price.
Notably, PEPEUSD is showing more upside possibilities as indicated by the daily signal pointing up, we can certainly expect the coin to continue trending up and this might head to a $0.0000120 supply mark in the coming days in its long-term outlook.
PEPE (USD) Medium-term Trend: Bullish (4H Chart)
At the time of writing, Pepe is trading at a $0.00000829 resistance level above the EMA-50 which indicates that the coin is trending up. The bulls are also battling the resistance and the coin price might head to the overhead resistance level soon.
The market price of PEPEUSD which increases to a $0.00000829 high level suggests an improved bullish market sentiment. Thus, a potential breakout from the immediate resistance of $0.0000108 will give additional confirmation for a bullish recovery, if the bulls can increase their efforts in the market.
Meanwhile, buyers are seen clustered around the market as indicated by the momentum indicator pointing upwards, this means that buyers will still be in control of the PEPEUSD market price and the price might continue trending up to the $0.0000120 resistance level soon in its medium-term view.
Buy Pepe on Longhornfx
Leave a Reply