Pepe (PEPEUSD) Price Forecast: August 1
Pepe (PEPEUSD) price to revisit the $0.000002 high level soon. There is a possibility for the PEPEUSDpair to experience a bullish pattern breakout action and the price could be ready very soon for another upward move potential. If the forces from buyers in the market should increase and the current support holds, the coin price may possibly retest the $0.000002 previous high which might possibly extend to the $0.000005 upper supply mark and beyond. Hence, resulting in a great turnaround and a clear buy signal for the coin buyers.
Key Levels:
Resistance Levels: $0.00000180 $0.00000190, $0.00000200
Support Levels: $0.00000120, $0.00000110, $0.00000100
PEPE (USD) Long-term Trend: Bearish (4H Chart)
PEPEUSD is in a bearish market zone in its long-term perspective. As an outcome of low bullish momentum, the coin prices are seen trading below the moving averages, indicating a bearish trend. However, there is about to be a turnaround for the coin buyers as the pair has just resumed its bullish moves but has yet to reach its goal.
In the previous actions, the coin has been having high interference from sellers which really made the price stay below the supply trend level in recent times.
The buy traders pushed the market price of Pepe up to the $0.000001 resistance value slightly below the two EMAs shortly after the 4-hourly chart opens today. A break above the mentioned supply value would intensify the buying pressure on the crypto.
Meanwhile, the PEPEUSD price is in an upward direction on the daily stochastic, this will compel the bulls to increase the bullish trend pattern and with this upcoming bullish trend, the coin price may jump up to revisit the $0.000002 previous high level soon, and could possibly lead the coin price to the $0.000005 upper resistance value in the coming days in its long-term outlook.
PEPE (USD) Medium-term Trend: Bearish (1H Chart)
The price of PEPEUSD is in a bearish move in its medium-term outlook. The prices are seen slightly below the moving averages, this is due to the brief returns of sellers which may soon fade off. 
The bearish pressure in the past few hours has made the coin stay below the supply trend levels in recent times.
Commitment from the bulls now retraced the price of Pepe from the $0.000001 support to a $0.000001 high mark below the moving averages as the 1-hourly session resumes today; this assures or confirms the bull’s gradual return to the market. The longer the price stays above the mentioned level, the more pressure builds up to reach a key significant level at the upside.
Hence, the current correction phase may likely continue as the momentum indicator now points in an upward direction in the oversold region of the daily stochastic.
This will compel the buy traders to further increase the buying pressure and this time around the bulls may likely revisit the $0.000002 supply level which might possibly reach the $0.000005 upper resistance value in the days ahead in its medium-term outlook.
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