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Pepe (PEPEUSDT) Price Forecast: January 2
The Pepe market is on the positive side today. The coin price is trending upward and may soon reach the upper resistance level.
If buyers are successful in breaking out of the pattern, the upside moves might test the previous supply level of $0.0000126, which could further lead to the $0.0000130 upper resistance level, resulting in a rise.
Key Levels:
Resistance Levels: $0.0000055 $0.0000056, $0.0000057
Support Levels: $0.0000039, $0.0000038, $0.0000037
PEPE (USDT) Long-term Trend: Bullish (Daily Chart)
On higher time frames, the PEPEUSDT price is trending up and also remains bullish.
The bulls’ high order flow at the $0.0000049 during yesterday’s session has contributed to this bullishness.
As of the time of writing, the coin buyers increased the PEPEUSDT price to $0.0000052 above the EMA-50 as the correction phase continues with intraday gains. This shows that the Pepe market price is trending up.
Hence, a strong push above the $0.0000126 supply level will offer strong resistance to the crypto price.
Notably, PEPEUSDT is showing more upside possibilities as indicated by the daily signal pointing up.
We can certainly expect the coin to continue trending, and this might head towards a $0.0000130 supply mark in the coming days on its long-term outlook.
PEPE (USDT) Medium-term Trend: Bullish (4H Chart)
At the time of writing, Pepe is trading at $0.0000052, a level above the EMA-50, indicating that the coin is trending up. 
The market price of PEPEUSDT, which increases to a $0.0000052 high level, suggests an improved bullish market sentiment.
Thus, a potential breakout from the mentioned resistance will add confirmation of bullish recovery, if the bulls can increase their efforts in the market.
Meanwhile, buyers are seen clustered around the market as indicated by the momentum indicator pointing upwards.
As a result, buyers may be in control of the PEPEUSDT market, and the price might continue trending up to the $0.0000130 resistance level soon in its medium-term view.
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