Pepe (PEPE) cryptocurrency has bounced back 17.85% after hitting a local low, with trading volumes also on the rise. Analysts predict a bullish outlook for PEPE, with a potential 50% price increase by the end of June. The price is currently hovering around the lower trendline of its rising wedge pattern, hinting at a 70% gain. Large investors' continued accumulation and holding behavior also signal market confidence. Smaller holders have been actively accumulating during price dips, indicating increased participation and confidence among retail investors. The potential rally is also bolstered by expectations that the Federal Reserve may cut interest rates in September.