Pepe (PEPEUSD) Price Remains Strengthened above the Supply Levels

Pepe (PEPEUSD) Price Forecast: April 27
The Pepe market at this point is positive and remains strengthened above the supply levels following the increase in buying pressure on the crypto. The coin price is potentially triggering a surge to a new high and also showing positive signs above the $0.00000750 supply value. If the coin holders could add more effort and touch the $0.0000108 previous higher level, the next price target might be the $0.0000120 upper resistance level, signaling a potential opportunity for traders to invest.

Key Levels:
Resistance Levels: $0.00000600 $0.00000700, $0.00000800
Support Levels: $0.00000300, $0.00000200, $0.00000100

PEPE (USD) Long-term Trend: Bullish (Daily Chart)
On higher time frames, the PEPEUSD price remains strengthened above supply levels. This is obvious as we can see prices above the EMA line which confirms its bullishness.

The high impact of the bulls on the crypto at the $0.00000786 high level in the last few days has made the coin price remain strengthened above supply levels in its recent high.

At the point of writing this article today, the momentum continues today as the bulls made a corrective move to a high at the $0.00000804 mark above the EMA-50 approaching the overhead resistance as the daily chart opens.

It shows the Pepe market remains strengthened above the supply levels, this may surpass the previous high of the $0.0000108 barrier soon; likewise, the downside risk remains uncertain.

Likewise, the price of PEPEUSD may continue to remain strengthened above the supply levels as indicated by the momentum indicator pointing in an upward direction.

The bulls could aim at the psychological level of $0.0000120 resistance value in the days ahead as the crypto remains strengthened above the trend levels in its long-term perspective.

PEPE (USD) Medium-term Trend: Bullish (4H Chart)
The Pepe market also remains strengthened above the supply levels on the medium-term outlook. The coin price can now be seen progressing upward above the EMA-50. This shows that buyers are currently gaining more strength in the market.

The upward move by the long-term traders to a $0.00000762 high mark in the previous action has enhanced the coin price to remain strengthened above supply levels lately.

Today, the PEPEUSD market looks promising as the bulls move the coin price action to the $0.00000804 supply level above the moving average as the 4-hourly session resumes. This suggests that the coin buyers are dominant in the market at this point.

Additionally, the daily stochastic remains in an upward direction. This implies that the price of Pepe may remain and continue to be strengthened above the supply levels.

Hence, if the coin buyers manage to break above the $0.00000815 previous supply trend line, the market participants may witness a new recovery rally and this may likely reach the $0.0000120 high mark in the days ahead in its medium-term time frame. This signals a BUY trade again in its medium-term time frame.

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