Cryptocurrencies are correcting upwards after an early dip into the downtrend zone. The upward correction is being held back by a lack of demand for higher prices. Under certain circumstances, altcoins get stuck between the moving average lines.
On June 27, the price of Solana (SOL) rallied and rose between the moving average lines. Over the past four days, bulls and bears have been engaged in a price war over the direction of the market.