#ordi #analysis

ORDI Update — June 25, 2025

■ Current Status:

The price is currently moving within a descending price channel, with good respect for the current support at 5.888 — 5.133, where the price bounced back before touching this area.

If it continues to hold above this support, the price is expected to attempt to rise to test the current resistance at 7.700 — 8.539.

If this resistance is broken and maintained above it, the price will continue to rise to test the next resistance at 9.809 — 10.515.

■ Initial Targets:

First Target: 7.700 — 8.539 (+6.0% — +17.6%)

Second Target: 9.809 — 10.515 (+35.1% — +44.8%)

■ Current Support:

5.888 — 5.133 (−18.9% — −29.3%)

■ Next Support: (if the current support is broken): 4.000 (−44.9%)

■ Summary:

The price is currently testing the support of the descending channel, and holding above it supports the likelihood of rising to test the resistance.

On the other hand, breaking the support could push the price down towards the bottom of the descending channel at 4.000.