Since its launch as the first BRC-20 token on the Bitcoin network, the currency $ORDI has caused quite a stir in the crypto world, rising to levels close to $90 during its peak. However, with market corrections, ORDI saw a significant decline, dropping to levels below $10. Here, investors and followers pose a logical question: Can ORDI return to $30?
🔹 From a technical standpoint
Technical indicators show that ORDI's return to $30 requires a nearly threefold increase in the current price, which is not impossible if it breaks through key resistance areas like $15 and $20, especially in the context of overall market momentum.
🔹 From a fundamental perspective
$ORDI has a symbolic status as the first BRC-20 token and is supported by an active community interested in Ordinals technology. However, the currency currently lacks a strong practical function, burning mechanism, or rewards, making it closer to a speculative tool than a comprehensive investment project.
🔹 In terms of the overall market situation
If we witness a new wave of rising in the market led by Bitcoin, especially with levels surpassing $80,000, currencies like ORDI could benefit significantly and achieve price jumps. However, in the context of liquidity fluctuations or weak investor interest, it will be difficult to reach high levels again.
✅ Summary
Return $ORDI
Reaching $30 remains possible if a supportive market environment and strong momentum for BRC-20 tokens are available, but in the absence of clear technical developments or actual usage, this return will not happen easily, and the currency may remain confined to fluctuating speculative ranges. The investment decision should be based on a precise reading of the market, not just on past price memories.
