Breaking: Bitcoin Ordinals ($ORDI) Dips 6% Today- What Next?The Bitcoin inscription token Ordinals ( SEED_DONKEYDAN_MARKET_CAP:ORDI ) has plummeted drastically the start of this year. From an all time high of $96.17 SEED_DONKEYDAN_MARKET_CAP:ORDI tanked -90.5% losing more than half of its value currently trading at $9.69.
From the first week of February, SEED_DONKEYDAN_MARKET_CAP:ORDI has been on a consolidation channel before the Break of structure (BOS) at the $11 point that saw SEED_DONKEYDAN_MARKET_CAP:ORDI dipped to current market value.
For Ordinals ( SEED_DONKEYDAN_MARKET_CAP:ORDI ), in the case of further selling pressure, immediate support point lies in the 1 month low point but SEED_DONKEYDAN_MARKET_CAP:ORDI chart pattern shows signs of a bullish engulfing pattern. a trend reversal might be looming ahead and a breakout above the 38.2% Fibonacci Retracement pattern would validate the move.
With a total supply of 21 million, this cool off should be seen as a reprieve towards a massive surge in the long term.
ORDI Price Live Data
The live ORDI price today is $9.65 USD with a 24-hour trading volume of $132,216,659 USD. We update our ORDI to USD price in real-time. ORDI is down 4.79% in the last 24 hours, with a live market cap of $202,546,795 USD. It has a circulating supply of 21,000,000 ORDI coins and a max. supply of 21,000,000 ORDI coins.