Correction

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 price of Bitcoin (BTC) rose above the moving average lines on July 15. The positive trend persisted as the price of the cryptocurrency held above the 50-day SMA after a minor correction.

The price of TRON (TRX) has continued to rise after breaking above the $0.127 resistance. The positive trend has continued and has reached its all-time high of $0.1418.

The price of Ripple (XRP) has continued to fall, reaching a low of $0.38. Cryptocurrency price analysis brought by Coinidol.com.

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.

Cardano (ADA) fell further to a low of $0.35 on June 18, but the bulls bought the dips. Support has remained stable over the past week.

Bitcoin (BTC) price has lost critical support at $64,000, sending the largest cryptocurrency to a low above $58,555. Cryptocurrency price analysis brought by Coinidol.com.

The worst-performing altcoins are fluctuating as cryptocurrencies experience strong rejection at recent highs.