Key Takeaways:
Our ORDI price prediction is that by the end of 2024, its price will reach a high of $40.01.
By 2025, prices will be between $51.50 and $61.79, with an average price of $53.37.
In 2030, prices will range from $329.76 to $386.83, with an average price of $339.00.
In December 2023, ORDI became the first BRC-20 token to surpass $1 billion in market cap. Since then, ORDI has continued to attract attention from DeFi enthusiasts for its role in innovation. The Ordinals protocol allows data to be embedded directly into Satoshi, the smallest unit of Bitcoin.
ORDI is the first token engraved on the Ordinals protocol; like Bitcoin, it has a maximum supply of 21,000,000. Currently trading at $35, investors can’t help but speculate on Ordi’s price trajectory. How high will ORDI go? Can ORDI surge 100x? What will the ORDI price be in 2030? Let’s explore the ORDI price prediction for 2024 to 2030.
ORDI Price Analysis: ORDI portends a fall
Key Takeaways:
ORDI has continued to decline since reaching a high of $97 in March.
A drop in the RSI below 30 on the 4-hour chart will result in a price reversal.
ORDI/USD 1-Day Chart: ORDI Loses Momentum
ORDI has been declining since reaching a high of $97 in March. The stock attempted a rebound in the first week of June, rising from a low of $41 to a high of $65. However, the stock subsequently reversed due to being overbought. The RSI is currently in neutral territory with a decline in positive momentum over the past 16 hours. William Alligator trend lines show that the stock is consolidating.
ORDI/USD 4-hour chart: ORDI enters oversold territory
The 4-hour chart highlights ORDI’s bullish move this month, which has risen from $26 to a high of $40. However, the trend is changing, as indicated by the William Alligator trend lines, which are moving down. The current trend is supported by the MACD indicator, which has shown negative momentum over the past three days. The correction from $40 has now put the RSI on the verge of the oversold zone. A break below 30 on the RSI will result in a price reversal.