Why ORDI Faces Challenges for Growth
Limited Purchasing Power
Despite growth across the altcoin market, including top 100 and top 500 tokens, ORDI's price remains stagnant or in decline. This suggests consistent selling pressure with limited buyer interest, hindering any sustainable upward momentum.
Whale Exit
Key large investors appear to have exited ORDI and show little interest in re-entering at current price levels. For whales to return, the token may need to drop to lower levels, potentially around $5-10, before renewed interest emerges.
Market Sentiment
Many holders are waiting for a pump, but history suggests that when sentiment becomes overly anticipatory, sell-offs often occur instead. For ORDI to see growth, a shakeout of weak hands and a shift in sentiment might be necessary.
Macro Market Conditions
With Bitcoin potentially facing sharp corrections and limited short-term upside beyond 100K, smaller assets like ORDI are unlikely to thrive in a bearish macro environment. This could lead to further declines or even delistings.
Lack of Transparency and Development
ORDI lacks visible development fundamentals such as a clear roadmap, active team communication, or an official social media presence. Even meme coins often have basic community engagement, while ORDI currently appears to lack these essentials for sustained interest and credibility.
This coin I sell at every resistance zone, and every BTC resistance zone. So far a whole month making successful profits, thanks to ordi for such cool shorts moments. The market is growing - ORDI is either standing or barely growing. But when it falls - 50x leverage short helps me to make money. It's great that there are such “fundametnal coins” that help to earn money. Short always this coin, it will never grow.
Despite growth across the altcoin market, including top 100 and top 500 tokens, ORDI's price remains stagnant or in decline. This suggests consistent selling pressure with limited buyer interest, hindering any sustainable upward momentum.
Whale Exit
Key large investors appear to have exited ORDI and show little interest in re-entering at current price levels. For whales to return, the token may need to drop to lower levels, potentially around $5-10, before renewed interest emerges.
Market Sentiment
Many holders are waiting for a pump, but history suggests that when sentiment becomes overly anticipatory, sell-offs often occur instead. For ORDI to see growth, a shakeout of weak hands and a shift in sentiment might be necessary.
Macro Market Conditions
With Bitcoin potentially facing sharp corrections and limited short-term upside beyond 100K, smaller assets like ORDI are unlikely to thrive in a bearish macro environment. This could lead to further declines or even delistings.
Lack of Transparency and Development
ORDI lacks visible development fundamentals such as a clear roadmap, active team communication, or an official social media presence. Even meme coins often have basic community engagement, while ORDI currently appears to lack these essentials for sustained interest and credibility.
This coin I sell at every resistance zone, and every BTC resistance zone. So far a whole month making successful profits, thanks to ordi for such cool shorts moments. The market is growing - ORDI is either standing or barely growing. But when it falls - 50x leverage short helps me to make money. It's great that there are such “fundametnal coins” that help to earn money. Short always this coin, it will never grow.
Trade active
Again super short, easy moneyTrade closed: target reached
Short closed. Waiting for pullback and will again short. Next target 20$ then 10$.Note
ORDI best coin for short for now.Note
Perfect, the token is just being dragged down. Buying power is at zero. I’ll short again on a significant pullback.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.