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 price of Solana (SOL) has fallen below the moving average lines and reached a low of $128 on June 23. The downward momentum extended to the current support level of $122.
The price of Quant (QNT) has fallen and is in a sideways trend. In the recent price action, the altcoin corrected upwards but was dumped at the high of $140.