The recent market dynamics have witnessed a recovery phase post a pullback period, notably reflected in the rebound of major cryptocurrencies. Despite the prevailing bearish sentiment, tokens like PEPE & FLOKI have managed to maintain their bullish positions within the market. Particularly, these memecoins surged significantly, especially when Bitcoin surpassed the $68,000 threshold.

The price surge of PEPE displayed a robust comeback after touching $0.00001313. Although technical indicators initially favored a bearish stance, the recent price reversal might signal a potential shift towards a bullish trajectory. Notably, the daily RSI indicated a bullish rebound, signaling the increasing strength in bullish sentiment.

Currently, PEPE's price movement is contained within a rising wedge pattern, inching towards the apex of consolidation. While the RSI signal points towards a rebound, the MACD fails to show a substantial increase in buying volume. Consequently, it is likely that the price will consolidate in an upward trend below $0.0000155 until early June, potentially leading to a breakout towards new highs.

By the latter part of June's first fortnight, the PEPE price is anticipated to achieve a new all-time high around $0.00001830. Concurrently, FLOKI's price has demonstrated an ascending trend, achieving growth ranging between 3% to 5% in recent trading hours.

As per previous predictions, the FLOKI price continues to adhere to a parabolic curve, showcasing resilience post a bearish phase. Despite ongoing market fluctuations, the RSI continues to form consecutive higher highs and lows, hinting towards a sustained upward momentum. It is projected that FLOKI will persist on a path of ascent along the curve, striving to reach levels nearing its all-time high.

Before marking a fresh all-time high, FLOKI might witness a final pullback towards $0.00028, followed by a subsequent rebound towards $0.00035.