ORDI Coin Analysis Today and Future Forecast
Current price of ORDI
ORDI is currently trading at $12.49, with a market cap of around $261.82 million. The coin is up 11.62% in the last 24 hours, with a daily trading volume of $26.97 million.
ORDI Technical Analysis
Overall trend: The MACD indicator on the weekly time frame is showing a bearish trend, as the signal line remains below the zero level for 50 periods, indicating potential selling pressure.
Support and Resistance: The current major support is at $11.80, while the strong resistance is at $13.50. If this resistance is broken, the coin could see a rise towards $15 levels.
Future expectations
ORDI is forecasted to reach $21.04 by the end of 2025, driven by the increasing adoption of its network and integrated blockchain technologies. Key factors affecting the price include demand volume, protocol updates, and general market trends.
Conclusion
ORDI has shown positive performance in the last 24 hours, but there are still some negative signs in the long term. Investors should keep an eye on the current support and resistance levels before making any investment decisions.