ORDI Price Update & Analysis in a Daily Timeframe.
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Now, let’s dive into this chart analysis:
ORDI held the $25.70 support well and showed a decent rebound. It is currently facing resistance at the 50 EMA. If ORDI breaks above the EMA, it will still need to contend with the resistance trendline around $40-$41.
The lower support range between $18.40 and $21.40 is a good accumulation zone if the price dips. The RSI is in the middle band, so any move on ORDI could be significant. To reach its all-time high, ORDI would need a 2x-3x gain from the current market price.
Key levels:
- Primary Support: $25.70.
- Lower Support/Accumulation Range: $18.40 and $21.40.
- Primary Resistance: $31.88.
- Secondary Resistance: $40-$41.
- Long-term Target: $97-$100.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
I’ve been sharing insightful charts and analysis for the past seven years.
Follow me for:
~ Unbiased analyses on trending altcoins.
~ Identifying altcoins with 10x-50x potential.
~ Futures trade setups.
~ Daily updates on Bitcoin and Ethereum.
~ High time frame (HTF) market bottom and top calls.
~ Short-term market movements.
~ Charts supported by critical fundamentals.
Now, let’s dive into this chart analysis:
ORDI held the $25.70 support well and showed a decent rebound. It is currently facing resistance at the 50 EMA. If ORDI breaks above the EMA, it will still need to contend with the resistance trendline around $40-$41.
The lower support range between $18.40 and $21.40 is a good accumulation zone if the price dips. The RSI is in the middle band, so any move on ORDI could be significant. To reach its all-time high, ORDI would need a 2x-3x gain from the current market price.
Key levels:
- Primary Support: $25.70.
- Lower Support/Accumulation Range: $18.40 and $21.40.
- Primary Resistance: $31.88.
- Secondary Resistance: $40-$41.
- Long-term Target: $97-$100.
DYOR, NFA.
Please hit the like button to support my content and share your thoughts in the comment section. Feel free to request any chart analysis you’d like to see!
Thank you!
#PEACE
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