Pepe Triggers a Massive Rebound; Will FLOKI Follow a Bullish Trend & Soar by 20%?

Pepe Triggers Massive Rebound; Will FLOKI Follow Suit?

Amidst a market recovery, top cryptos regain momentum. Memecoins PEPE and FLOKI have seen significant upswings following Bitcoin's rise above $68,000.

PEPE Price Trend

PEPE price has rallied from $0.00001313, signaling a bullish rebound. Despite bearish technicals, the recent price action may initiate a bullish signal. The daily RSI indicates growing bullish sentiment.

Trading within a rising wedge, PEPE price approaches its apex. While the RSI suggests a rebound, the MACD doesn't show an increase in buying volume. It may consolidate below $0.0000155 until early June, followed by a breakout.

By mid-June, PEPE price could potentially reach a new ATH of $0.00001830.

FLOKI Price Trend

FLOKI price has also embarked on an uptrend, rising 3-5% in recent hours. It remains within a parabolic curve, displaying strength after hitting the curve. The RSI continues to form higher highs and lows.

FLOKI price is expected to maintain an ascending trend along the curve, approaching its ATH. However, it may pull back to $0.00028 before rebounding to $0.00035.