The Toncoin (TON) price has fallen below the moving average lines. TON was in a downtrend as the upside momentum was halted twice at the $8.00 overhead resistance level.
The best-performing cryptocurrencies are divided into two groups. After the recent dip and subsequent upward correction, coins are either trading sideways or recovering from their dip.
The best-performing cryptocurrencies are in a sideways trend as cryptocurrencies exhaust their bull rally. While altcoins hit new highs, buyers have been unable to sustain their upward momentum.
The Toncoin (TON) price has slipped below the moving average lines in a sideways trend. Since April 12, the cryptocurrency has traded between $6.50 and $8.50.
The best-performing altcoins are recovering from their previous slump but remain in the downtrend zone. Others have exceeded their peak prices and have fallen into a sideways trend.
The price of Shiba Inu (SHIB) has fallen below the moving average lines and is approaching the previous low from April 13. Price analysis on July 2024 by Coinidol.com.