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Pepe (PEPEUSD) Price Remains Stable at the Upside

Johnathon Fox
04/26/2024 | UPDATED ON: 04/26/2024

Pepe (PEPEUSD) Price Forecast: April 26
The Pepe market is positive and remains stable on the upside today. The pair sends a clear bullish signal that the bulls are still strong and currently recovering to maintain the bullish race. The crypto is showing positive signs above the $0.00000800 supply value. If the coin holders could prove stronger and the price remains above the $0.0000108 previous high value, its, upside moves could extend further to reach a $0.0000120 high level and beyond.

Key Levels:
Resistance Levels: $0.00000829 $0.00000830, $0.00000831
Support Levels: $0.000000900, $0.000000800, $0.000000700

PEPE (USD) Long-term Trend: Bullish (Daily Chart)
PEPEUSD‘s price remains stable on the upside and also remains bullish in its higher time frame. This is obvious as we can see prices making higher highs and higher lows above the EMA line moving towards the upper resistance level.
Pepe (PEPEUSD) Price Remains Stable at the Upside
The bulls’ high order flow to a $0.00000786 high level during yesterday’s session also contributed to its price which remains stable at the upside in recent times.

The momentum continues today as the bulls made a successful move to a high at the $0.00000818 mark above the EMA-50 as the daily chart opens. This shows the high impact of the buy investors on the Pepe market; likewise, the downside risk remained unlikely at the moment.

Hence, a strong push above the $0.0000108 supply level will offer strong resistance and enable the crypto price to remain stable at the upside, offering a good entry for the coin buyers.

In addition to that, PEPEUSD is showing more upside possibilities as indicated by the daily signal pointing up, this means that the coin price may continue to remain stable at the upside which might lead the crypto price to a $0.0000120 supply mark soon in its long-term outlook.

PEPE (USD) Medium-term Trend: Bullish (4H Chart)
The currency pair also remains stable at the upside in its medium-term perspective. Pepe price is trading above the EMA-50 which indicates that the coin is in a bullish trend.
Pepe (PEPEUSD) Price Remains Stable at the Upside
The persistent bullish pressure to the $0.00000783 supply value in the previous action has sustained the coin price to remain stable above the resistance levels in its recent high.

The market price of PEPEUSD remains stable at the upside above the moving average line at the $0.00000803 resistance level as the 4-hourly chart opens today. Hence, staying above the supply levels indicates a strong possibility for a bullish rise.

Hence, a strong break-up above the $0.00000919 resistance point would strengthen the bullish pressure and enable the coin price to remain stable on the upside.

Additionally, the Pepe market indicates an uptrend on the daily stochastic, this means that the price action of the crypto may remain stable at the upside and this could push the price to a $0.0000108 upper resistance level in the coming days in its medium-term perspective.

Buy Pepe on Longhornfx

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

View all posts by Johnathon Fox →
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