Pepe (PEPEUSD) Price Forecast: May 14
PEPEUSD price looks nice for the bulls at the present. The price is likely to pump ahead as it remains held above the supply levels. Thus, there is more likely for a rise in the price of the coin to test the resistance level of $0.0000108, should the buy traders put more effort into their trading activities, the supply level of $0.00000894 may not hold and it may be exposed to another resistance level of $0.0000120.
Key Levels:
Resistance Levels: $0.00000750 $0.00000800, $0.00000850
Support Levels: $0.00000550, $0.00000500, $0.00000450
PEPE (USD) Long-term Trend: Bullish (Daily Chart)
PEPEUSD price is set to pump ahead as we can see prices negotiating the upper resistance level in the long-term perspective. The price currently trades above the EMA-50 and moving toward the upper resistance area. It indicates that the price is in a bullish market arena.
The sustained bullish pressure to a $0.00000851 supply level during yesterday’s session has made it possible for the coin to pump ahead and remain firm in an uptrend in its recent high.
Today, the Pepe buy traders push the coin price to a key level of $0.00000894 resistance mark above the EMA-50 as the daily chart opens, an indication of an uptrend, as it pumps ahead. The spectacular rise in the price attracted buyers and initiated a distribution above the supply zone.
Hence, the emergence of more buyers is likely and the coin price may continue to pump ahead as indicated by the stochastic signal pointing up, this will accelerate the emergence of the bulls to move the price of Pepe up to a significant level in the upside as the coin price pumps ahead in the higher time frame.
PEPE (USD) Medium-term Trend: Bullish (4H Chart)
PEPEUSD is showing a bullish scenario waiting for the coin price to pump ahead in its medium-term outlook. The coin price is trading above the resistance level which indicates a bullish trend. The bulls are having the market at their disposal at the moment. 
The coin has been making higher highs and higher lows in previous actions; this has made it possible for the price to pump ahead and maintain an uptrend in its recent price level.
The price finds reliable resistance at a $0.00000894 high level after which the sell traders intervened and pushed the Pepe price down to a $0.00000875 low level above the moving averages as the 4-hourly chart opens today, resulting in intraday gains.
This indicates an uptrend in the context of the strength of the market. Thus, a further rise is possible if the bulls should add more strength to their price action in the market.
Hence, the daily signal indicates an uptrend, thus trading above the moving average levels will also enable the market value of Pepe to keep pushing up.
Therefore, if the bulls should add more aggression to their activities in the market; the $0.0000120 upper resistance level might be reached soon while the coin is negotiating the upper high level in its medium-term time frame.
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