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ORDI Price MovementAs of December 6, 2023, ORDI was trading at $65.03, which was a 2.7% increase from the previous day. ORDI has also seen a 232% increase over the past week. The token's trade volume has also increased by 85% during this time, reaching $2.3 billion.
ORDI is a Bitcoin-based meme coin that has been following Bitcoin's price action. This means that if Bitcoin's rally stops, ORDI may also stop rising. This could cause the price of ORDI to drop to $55 or even $50.
ORDI has been the top performing asset in the top 100 cryptocurrencies. In the past three months, ORDI has increased by 1,432%.
ORDI has a Market cap of about $1.16 billion with a 24-hour trading volume of about $2.28 billion and a Circulating supply of 21 million ORDI.
ORDI's Chart pattern indicating a Falling Wedge. Will wait for a retest before buying the dip.
#ORDI Wait For ConfirmIn an ascending behavior, a diamond pattern is forming. Therefore, if there is a reversal confirmation candle in the red box area and it leaves the pattern until the specified areas, you can enter the sell position. So keep an eye on it for now and if approved, we will enter into the sale transaction.
ORDI New HighORDI is the first token created in accordance with the BRC-20 fungible token standard on the Bitcoin blockchain.
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...It gone.
I will not be looking to jump in front of this one until it gives something super ideal down.
It's in price discovery.
$40 is my trigger price to see if maybe it's done, nice place for a potential W4.
In at about $8.
ORDI COIN PRICE ANALYSIS AND NEXT POSSIBLE MOVE NEAR ME !!ORDI Coin Update & Possible Moves Near Me !!
• Price look overbought on 4h &1D Chart & 1h chart structure look bearish.
• Correction expected Near me !!
• Support & resistance are clear on a chart.
If you take any future short trade then make sure to set stoploss or use minimume fund...
• Near me this project looks like a scam & whale manipulation is high on it..
• if you did not do proper risk management before taking trade on it ...then may be you will get rekt🤐
Ordinals (ORDI) Records All-Time High Amid Bullish BreakoutORDI hits an all-time high with a golden ratio and bullish momentum. RSI and MACD signals add confidence for traders.
Ordinals (ORDI) price has recently made headlines with its impressive market performance. A recent analysis shows ORDI price movements have revealed the golden ratio per Fibonacci retracement. This positioning is crucial, as it often indicates a potential for price bounce, marking an opportune moment for traders to consider entry.
Moreover, in the last 24 hours, bullish momentum has had the upper hand, with the price soaring from an intra-day low of $21.01 to an all-time high of $29.35. Consequently, ORDI has recorded the most gains ranking first in the CoinMarketCap top gainers.
ORDI/USD price chart
Bullish Indicators Strengthen Confidence in ORDI
Moreover, reinforcing the bullish perspective is a critical technical indicator. The Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) on the 4-hour chart exhibit bullish trends.
Notably, the RSI is at 90.24, suggesting an overbought condition, which may signal a potential price pullback. However, this is coupled with positive momentum from the MACD, indicating sustained buyer interest and the likelihood of continued price appreciation.
Market Structure Points to Upcoming Breakout
The market structure of ORDI adds further weight to the bullish sentiment. The asset has been consistently registering higher lows, a pattern often preceding a breakout from the prevailing trendline, followed by the formation of a higher high. This pattern indicates bullish solid momentum and is a critical factor for traders to consider in their strategic planning.
Recent price action on the 1-hour chart has provided tangible benefits for strategic traders. Confirming a trendline breakout offered a compelling entry point, optimally utilized by taking profits at the recent swing high. This move highlights the importance of timely market entry and exit strategies in maximizing returns.
ORDIUSDTThere's been a bullish rally, which has had everyone speculating about new projects such as ORDI in the crypto scene. after reaching a high of 27.99 in mid-November, it has been accumulating volume, preparing for it's next bull phase. On the daily TL we see a divergence formed from 02/11-24/11 indicating that price might be ready to move to a new high. Expect to see a lot of activity on Monday 27/11, or over the weekend as the crypto market is open 24/7.
Interesting Events With ORDI Token. . Potentially the next move?
ORDI is seen as the first BRC-20 test where the supply is 21,000,000 and the test mints were limited to 1,000.
I have experimented with this like I did with the original NFT coins, Ordinals are seen as Artifacts on the blockchain which in theory makes perfect sense. You can hardcode your own artifact to the most secure computer network in the world.
ORDI? you don't need any to create an artifact "Inscribing" but the Origin test tokens were in fact ORDI meaning if the "Inscribing" market takes off there will be major interest on the ORDI token.
ORDI is almost like creating a future "poor mans bitcoin" the silver to gold.
Worth it to buy a few if you can afford to lose it, pretty soon ORDI could be over $100 on the way to something like $3,000
ORDI target 7.6ORDI is creating a potential symmetrical structure, which is corresponded to left wave from 8.04~2.8(12th July 23" ~ 23rd Sep 23"). Secondly, ORDI got support at 0.618 Fibonacci Projection. Moreover, higher high trend is making for a while and it's clear to set SL for opening long.
TP: 7.6 / 8.68
SL: 4.45
Ordi, My name is Andy and I like CandyGuys, I enter Ordi at 7.53 since I take some ladys profit and free up some leverage. My only analysis r is that the super trend turn blue()Bullish), Chaos Rises and I trading up to the trendline.
Taking some profit around a 6% move. I like these shit coins they do not talk about, post about, Most money
10X-20X or whatever leverage rocks your boat. If u trading isolated margin above 10x either u have great entry skills or u often lose your money and rationalize it by saying u are practicing "risk management" lol.