Pepe (PEPEUSD) Price Forecast: March 1
The PEPEUSD price which is currently rising and retarding negativities at the moment is a result of more buying pressure from the bulls in recent times. The crypto shows positive signs above the $0.00000265 supply value close to the upper high mark. If the coin holders could prove stronger and the price shows sustainability above the mentioned resistance value, its upside moves could extend further to reach the $0.00000350 upper resistance level and beyond.
Key Levels:
Resistance Levels: $0.00000336 $0.00000337, $0.00000338
Support Levels: $0.00000120, $0.00000119, $0.00000118
PEPE (USD) Long-term Trend: Bullish (Daily Chart)
The PEPEUSD pair is retarding negativities while trading strongly in a bullish momentum in its long-term outlook. The price bars can be seen above the supply levels close to the upper resistance levels confirming its bullishness. Crypto has been in favor of the bulls in recent times.
The coin has been making a series of high highs and high lows in the past few days and has sustained the price of Pepe to remain firm and stronger above the resistance trend levels retarding negativities in its recent high.
The bulls successfully pushed the price of Pepe up to the $0.00000359 high mark above the resistance trend lines as the journey up north continues shortly after the daily chart opens today.
This indicates that the bulls remain dominant and are retarding the negative moves at the moment. Further increase in the buying pressure might lead the coin price to the $0.00000400 upper high mark, suggesting the best crypto signal to the coin traders
Hence, the price pointing upwards on the daily stochastic means that the crypto may continue retarding negativities and this may lead the price to hit the $0.00000400 upper resistance level soon in its higher time frame.
PEPE (USD) Medium-term Trend: Bullish (4H Chart)
The Pepe market is also in a bullish trend zone retarding negativities in its medium–term outlook. The price bar is close to the upper resistance level above the EMA-50, indicating a strong bullish trend.
During the previous action, the bullish impact on the crypto to the $0.00000296 supply level has sustained its firmness above the supply levels in its recent high.
At the time of writing this article, the market price of PEPEUSD rose significantly to the $0.00000337 high value above the moving average lines as the 4-hourly chart opens today.
If the bulls should increase their price actions, and bullish momentum is sustained far above the current resistance trend lines, further negative sentiment will be hibernated.
In a like manner, the coin price may continue to rise towards the higher side as indicated by the momentum indicator pointing in an upward direction, the bulls could therefore aim at the psychological level of $0.00000400 upper resistance value soon as the crypto rises and as well retarding negativities in its medium-term perspective.
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