Pepe is extending higher within a projected bullish impulse as anticipated

Cryptocurrency PEPE is moving nicely as expected since we shared an article here on FXstreet back on February 09, where we spotted nice and clean bullish pattern with inverted head&shoulders pattern. CLICK HERE.

Later in March PEPE went massively up as expected, where we mentioned and highlighted an ongoing strong five-wave bullish impulse. We were actually tracking final stages of subwave (5) of 3.

Later on April 18 we got that three-wave A-B-C corrective pullback within a higher degree wave 4 correction, right into ideal 38,2% Fibo. support, from where we expected a bullish continuation for wave 5.

PEPE Daily Chart From April 18

As you can see later on May 03, PEPE confirmed a completed wave 4 correction with a broken channel resistance line, so it was clear that wave 5 is already in progress.

PEPE Daily Chart From May 03

Today on May 30, PEPE is already at the highs for wave 5 as anticipated, but there can be still space up to 0,000020 – 0,000030 target area before it finds the top.

PEPE Daily Chart From May 28

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