The price of Cardano (ADA) fell below the moving average lines on July 25. After a rejection at the $0.46 resistance zone, the cryptocurrency fell to a low of $0.382.
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 Quant (QNT) has been downgraded in the last three months. According to the price forecast, selling pressure is expected to reach a low of $67.
The price of Shiba Inu (SHIB) has come under renewed selling pressure after breaking the lower price zone and falling to its previous low of $0.0000166.