Dogecoin and Bitcoin Face Pivotal Moment as Crypto Markets Brace for June Volatility

Crypto traders white-knuckle their portfolios as Dogecoin and Bitcoin flirt with make-or-break price levels.

Memecoins and blue-chip cryptos alike are dancing on a knife's edge—will institutional money flood in or flee? Analysts whisper about 'bull traps' while retail investors FOMO into leveraged positions.

Meanwhile, traditional finance dinosaurs still can't decide if crypto is an asset class or a nuisance—but their clients are voting with their wallets.

Dogecoin, Shiba Inu, and Pepe at critical support, pullback looms 

Meme coins market capitalization is down by over 4% in the day to $59.79 billion at press time, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) on a downhill trek as the broader cryptocurrency market remains in a slump due to Bitcoin (BTC) slipping below $105,000. DOGE, SHIB, and PEPE, the top meme coins by market cap, stand at a crucial crossroads, putting key support levels at risk. 

Bitcoin price faces six-day consolidation as 20-day EMA caps rebound attempts

Bitcoin price action continues to reflect indecision following its sharp retracement from the all-time high at $112,000. After the surge from $100,700 in mid-May, the bullish momentum stalled, leading to a retracement that has gradually transitioned into a sideways consolidation. This range-bound movement has held for six consecutive days, capped between the Fibonacci 50% level at $106,400 and the 0.786% retracement support at $103,100.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC slips under $105K, ETH consolidates, XRP at a crucial support

Bitcoin (BTC) edges lower to near $104,600 at the time of writing on Thursday, while ethereum (ETH) and Ripple’s (XRP) experience a decline in bullish momentum. BTC and XRP approach a crossroads at crucial support levels, while Ethereum is in consolidation, risking a bearish release of momentum.