Orders #ORDI):
Ordi price has shown a strong recovery, recording a 3.46% increase over the past 24 hours. Furthermore, with a week of positive trading, the $ORDI cryptocurrency gained around 22%, helping it successfully retest its key support trendline.
Technical indicator MACD has shown a bullish green histogram with the averages recording bullish convergence. This shows that the bullish price action of Ordi in the cryptocurrency market is increasing.
If the market continues to gain momentum, ORDI price will prepare to retest the $50 mark this month. Conversely, bearish price action could cause this BRC-20 token to retest its key support level.
SAT #1000SATS):
With growing optimism in the crypto space, the $1000SATS price has increased around 5% over the past day and has skyrocketed 31.59% this week. This highlights the altcoin's strong bullish reversal in the crypto space.
Furthermore, with a circulating supply of 2.1 trillion SATS tokens and a market capitalization of 435.22 million USD, the cryptocurrency is currently listed at number 138 in the list of cryptocurrencies Global.
The relative strength index (RSI) has recorded a strong bearish curve above the neutral point. Meanwhile, the SMA indicator continues to record bullish price action. This highlights the mixed price sentiment for the SATS cryptocurrency in the near term.
If the bulls scale above the critical resistance at $0.0000002535, STAS price will prepare to test the above resistance at $0.0000003845. Negatively, if the bears regain momentum, the altcoin will rush towards the critical support at $0.0000001225.
