$ORDI Today's Analysis👍👍
On the hourly chart, ORDI is almost sideways, indicating that the market currently lacks a clear direction and investors are in a wait-and-see mood.
On the daily chart, the appearance of a cross star pattern for three consecutive days usually indicates that the strength of buyers and sellers in the market is equal. The market is hesitant and may face a moment of direction selection.
Technical indicator analysis shows that the MACD indicator is gradually returning to the vicinity of the zero axis, which indicates that the market's energy is re-accumulating and preparing for the next possible trend.
Based on the current market situation, it is recommended that everyone wait patiently for the market to rise after the shock, and the primary target price is set in the range of US$48.5-50.
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