Pepe has bounced back from the lower boundary of its ascending channel, indicating a potential resurgence in momentum and liquidity. The cryptocurrency currently holds a market capitalization of $3.03 billion, with a daily trading volume of $413.9 million. Analysts suggest this price movement could signal the beginning of a new upward trend. Fibonacci analysis supports this outlook, pointing towards a possible continuation to the 1.618 extension zone, suggesting further gains may be on the horizon.