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Pepe (PEPEUSD) Price Will Keep Soaring higher

Johnathon Fox
03/13/2024 | UPDATED ON: 03/13/2024

Pepe (PEPEUSD) Price Forecast: March 13
PEPEUSD at the moment is currently recovering and facing the upper channel. The coin price will keep soaring higher provided buyers don’t give up the hike race. If the coin closes above the $0.0000951 previous high mark, the accelerated buying pressure may increase the coin price to reach the $0.0000100 upper resistance level, and a potential buy signal.

Key Levels:
Resistance Levels: $0.00000850 $0.00000900, $0.00000950
Support Levels: $0.00000112, $0.00000111, $0.00000100

PEPE (USD) Long-term Trend: Bullish (Daily Chart)
The long-term market value of Pepe will keep soaring higher as can be seen from the chart below. The coin price now trades in the upper channel of the market and confirms a bullish race. This is due to the high impact of the buy investors in the coin market.
Pepe (PEPEUSD) Price Will Keep Soaring higher
The high bullish pressure on the crypto in the past few days has enabled the pair to keep soaring higher above the resistance level in its recent high.

Despite the interactions from the short traders, the price finds a reliable resistance at $0.00000950 value above the moving averages as the daily session begins today, resulting in intraday gains. This will prolong the upward rally and enable the PEPEUSD price to keep soaring higher which may fuel the release of more buy investors into the market.

As of now, the price signal is pointing upwards indicating a bullish move and in this case, the price of Pepe might keep soaring higher to hit the $0.0000100 supply mark sooner in its long-term outlook.

PEPE (USD) Medium-term Trend: Bullish (4H Chart)
Analyzing the chart below, we can see that the PEPEUSD price is rising and will keep soaring higher as it remains strongly bullish in its medium-term outlook.
Pepe (PEPEUSD) Price Will Keep Soaring higher
The price currently trades above the EMA-50 making higher highs and moving towards the major upper resistance area.

The sustained bullish pressure at the $0.00000831 level during yesterday’s session has made it easier for the buy investors to keep soaring higher in its recent level.

The bulls managed to take control from the lows of $0.00000851 and made a corrective pullback at the $0.00000867 supply level in today’s 4-hour session. This will give the crypto a high tendency to increase further.

If the buyers should increase their buying pressure in the market, the price of Pepe will keep soaring higher, and will be a reasonable time to buy soon.

In a like manner, the daily stochastic shows that the PEPEUSD market will keep soaring higher by pointing upwards. So, if the bulls could push harder and sustain the coin price above the $0.00000951 high, the resulting rally may reach the $0.0000100 level sooner in its medium-term perspective.

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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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