Pepe (PEPEUSD) Price Forecast: March 4
PEPEUSD pair at the moment drives a high bullish momentum and trades higher above $0.00000500. The coin is trying hard not to fall by resisting sellers, in case the bulls close the daily chart above the current resistance level of $0.00000533, the coin price may increase further to a $0.00000600 high trend line which indeed will be a turnaround for the coin holders. This significant surge may suggest the best crypto signal for the coin holders.
Key Levels:
Resistance Levels: $0.00000531 $0.00000532, $0.00000533
Support Levels: $0.00000230, $0.00000229, $0.00000228
PEPE (USD) Long-term Trend: Bullish (Daily Chart)
PEPEUSD remains bullish and trades higher above the $0.00000500 level on the higher time frames. This is clear as we can see the prices trading close to the upper high level above the moving average lines indicating a strong uptrend.
During the past session, the pair reached and held the $0.00000497 resistance level. This has made it possible for the coin to trade higher in its recent high.
Today, the coin price finds reliable resistance at around $0.00000533 level above the EMA line, resulting in intraday gains. Hence, trading higher and staying above the $0.00000500 resistance trend lines indicates a strong bullish performance, leading to sustainable growth in the future.
Adding to this, the Pepe market remains in an uptrend on the daily stochastic. This indicates that the crypto may continue trading higher above the current supply trend level and could lead the coin price to a $0.00000600 upper high mark soon in its long-term outlook.
PEPE (USD) Medium-term Trend: Bullish (4H Chart)
Despite the interference of short-term traders in the price flow, the PEPEUSD price also trades higher above the $0.00000500 level and shows a bullish race on the medium-term outlook.
The price of Pepe can now be seen progressing upward at the upper resistance level above the moving averages. This shows that buyers are currently gaining more strength in the market.
The current price of the pair at a $0.00000533 high level above the EMA-50 as the 4-hourly session opens today indicates an uptrend in the context of the strength of the market. This gives room for a more bullish impact on the market at the moment.
Hence, there is a tendency for the Pepe market price to rise further, if the support level holds, this will enable buyers to take the price up to a high of $0.00000600 soon as it trades higher above the mentioned supply in its medium-term perspective.
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