Pepe Surges 17.85% with Strong Bullish Indicators Pointing to a Potential 50% Rally by June’s End

On June 12, Pepe saw a notable rise of 17.85%, reaching $0.00001340 after forming a local low at around $0.00001300, as previously anticipated by Cointelegraph. This upward movement was accompanied by a surge in trading volumes, indicating stronger trader conviction and the potential for further upward momentum. Three key indicators suggest a bullish outlook for PEPE, predicting a possible 50% price increase by the end of June. Let’s delve into these potential catalysts. As of June 11, PEPE’s price hovered near the lower trendline of its rising wedge pattern, suggesting potential support and a likely rebound toward the upper trendline