Pepe (PEPEUSD) Price Forecast: September 15
PEPEUSD holds a recovery opportunity with a bullish reversal pattern. The coin may likely bounce up to the $0.000001500 supply level as it faces the upper channel. The potential breakout from the immediate resistance of $0.000001444 will give additional confirmation for a bullish recovery if the bulls can increase their efforts in the market.
Key Levels:
Resistance Levels: $0.000001000 $0.000001100, $0.000001200
Support Levels: $0.000000800, $0.000000700, $0.000000600
PEPE (USD) Long-term Trend: Bullish (4H Chart)
The long-term market value of Pepe is moving in a bullish direction. Further, the coin could bounce up to the overhead trend line as soon as buyers are determined to achieve such.
During the past session, the pair reached and held the $0.000000685 resistance level. This has made it possible for the coin to remain in an uptrend in its recent high.
Today’s 4-hour bullish candle at $0.000000681 supply value above the EMA-9 confirms the bulls’ dominance in the market. This breakup may accelerate the bullish momentum and extend the ongoing correction to a higher level.
Additionally, the price of PEPEUSD might increase further if the bulls could push harder, if this is achieved, the price might bounce up to the $0.000001500 resistance level in the nearby days and beyond in its higher time frame..
PEPE (USD) Medium-term Trend: Bullish (1H Chart)
The coin is also displaying a bullish posture in its medium-term outlook. This is due to the high inflow from the long traders. However, the coin is set to bounce up to level $0.000001500 as we can see a new correction in place.
The increase in the momentum by the bulls at the $0.00000675 supply value during yesterday’s session has enabled the Pepe price to stay strong above the resistance lines in its recent high.
The market price of PEPEUSD has just broken up the EMA-9 at the $0.00000681 supply level as the 1-hourly chart opens today. This will give the crypto a high tendency to rise further.
Furthermore, the daily stochastic signals an uptrend; if the bulls could push harder and sustain the coin price above the $0.00000813 previous high, the resulting rally may surpass the $0.00000900 level and hit the $0.000001500 psychological level at the upside in the day ahead in its medium-term perspective.
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