Is the PEPE outbreak ahead? Here is the most important resistance to observe (PEPE price analysis)

Is the PEPE outbreak ahead? Here is the most important resistance to observe (PEPE price analysis)

Pepe seems to be consolidated in front of a big step.

Important support levels: $ 0.0000015, $ 0.0000011

Important resistance level: 0.0000020 $

The sellers are exhausted and the bulls could take the opportunity and drive the price movement at any time. The resistance is $ 0.0000020, and when the momentum indicators become bullish, a new test of this key level seems to be right. The current support is $ 0.0000015.

Diagram of Tradingview

trade volume: The volume remains flat and shows lack of interest, but that could change soon.

rsi : The 12-hour RSI seems to be ready to climb up. If this is the case, the course could break out over 50 points and reach a higher high.

macd : The 12-hour MACD is declining, but the histogram has higher deep stalls. Another push of the bulls could lead to an upward trend, and then a rally could follow.

Diagram of Tradingview

bias

The tendency for Pepe is neutral, but the bulls could soon take over the price movement.

Short-term forecast for the PEPE Prize

This consolidation under the key resistance is bullish. However, sellers had several ways to lower the Pepe, but failed. Therefore, a test of the important resistance at $ 0.0000020 now seems more likely.

.