ORCA Technology & Fundamental Analysis
📊 K-Line Analysis
ORCA has recently surged over 140%, peaking at $3.57.
Support Levels: $3.00 (short-term), $2.60 (strong support), $1.80 (key).
Resistance Levels: $3.57 (short-term), $4.00 (strong resistance).
Technical Indicators:
MA: Short-term moving averages are in a bullish arrangement, the trend remains strong.
MACD: Golden cross, bulls are dominant, but there may be short-term adjustments.
🔍 Token Background
ORCA is a DEX in the Solana ecosystem, founded by Grace Kwan & Yutaro Mori.
Token Uses: Governance voting, trading fee discounts, liquidity mining rewards, ecosystem incentives.
📈 Price Prediction
Short-term: If it stabilizes at $3.00, it could reach $3.80 - $4.00, otherwise, it may retrace to $2.60.
Mid-term: If the Solana ecosystem remains strong, the target is $5.00.
Long-term: Depends on Solana's development, may reach $6.00 - $8.00.
🚀 Keep an eye on Solana ecosystem trends and seize ORCA opportunities!