Will ORDI price exceed $100?
Following the recent reversal, ORDI price challenges the 78.60% Fibonacci level and is poised to test $85 again. Given the massive supply at $85 and the intensity of the momentum swirling during the consolidation, a spectacular breakout rally is possible.
Therefore, a bullish break above the $85 mark could easily lead to a break above the psychological $100 mark. Optimistically, the uptrend could reach the $132 mark, which is the 1.618 Fibonacci level.
What is the potential of ORDI coin?
ORDI coin has great potential. According to official data, the current price of ORDI coin is US$65.4, and its historical highest price is US$97. It is currently listed on 42 exchanges with a market value of US$1.338 billion. Overall, ORDI coin has great development potential.
This is my previous layout, not a coin. The time has come for ORDI to start the layout, and it is time to take action. The previous layout has been closed. If you have any questions about the direction, you can come to me. Real players. Do not disturb business!
With intraday action, altcoins pared Wednesday’s 5% losses and are poised to make a strong comeback next month.
Technical indicators:
RSI Indicator: The daily RSI line followed ORDI’s bullish recovery and broke above the midline.
Bollinger Bands: A bullish recovery leads to the formation of new higher lows and avoids a drop to the lower Bollinger Bands. However, the Bollinger Bands maintained a downward trend with only minimal sideways movement until the lower band rose, signaling a reversal.
Next is an operation direction and layout. I chose the best layout strategy for Tiezi.
Go long directly to prevent a rapid rebound. You can buy the bottom at a low position, which is near the current midline. Use roundabout tactics and try not to go short as it is easy to get trapped.
When you see this, if you don’t have a direction or strategy, you can come and follow our hundreds of fans to unite, discuss together, and keep up with our next layout. We have more than 400 fans now. It’s free to come in and we have a comprehensive layout. I hope you can come. It's fun and exciting. We are all playing short-term tricks just to attract fans. If you believe me, come and nod.
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