The price of Solana (SOL) bounces and moves positively above the 21-day moving averages.

The price of Dogecoin (DOGE) is trapped between the moving average lines as buyers have failed to sustain the upside momentum above these lines.

The price of Quant (QNT) is in a sideways trend, with the decline halted above the $91.50 support. QNT price analysis by Coinidol.com.

Cryptocurrency analysts of Coinidol.com report, the price of Shiba Inu (SHIB) is trending sideways due to traders' ambivalence towards the market direction.

The altcoins listed here are the lowest performing coins that have fallen below the moving average lines. The implication is that while in the bearish trend zone, altcoins will continue to fall in price.

The price of Ethereum (ETH) is recovering after breaking above the 21-day SMA. Ethereum price analysis by Coinidol.com.

The coin price of Ripple (XRP) rises on the breakout above the 21-day SMA.

The price of Binance Coin (BNB) is hovering between $520 and $635 as traders are uncertain about the direction of the market. Price analysis by Coinidol.com.

Bitcoin (BTC) is undergoing an upward correction following its crash on May 1, 2024. The largest cryptocurrency reached a low of $56,711 as bulls bought dips. On May 4, Bitcoin price rallied to the 21-day SMA or resistance at $64,644.