Is $ORCA ready to make a bull run? or will it continue its bearish trend?
With the daily time frame being bearish we can see a break or structure in 4 hr time frame making a new high above the Moving average.
Even though the breakout didn't sustain above the EMA we can see a potential upward momentum in the 4 hr timeframe.
Summary of ORCA:
Orca (ORCA) is a decentralized exchange (DEX) built on the $SOL blockchain, enabling users to swap assets, provide liquidity, and earn yield through an intuitive interface.
Summary of Analyst prediction on $ORCA
Analysts have varying predictions for ORCA's future performance. Some forecasts suggest a potential rise to $13.51 by January 2025, indicating a 229.51% increase. Others predict a broader range, with possible lows of $0.15 and highs of $36.34 in 2024, and potential growth to $136.46 by 2025.
Given the inherent risks in cryptocurrency investments, it's advisable to conduct thorough research and consider consulting a financial expert before making investment decisions.
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