BOSS Wallet data source, real-time price trend of Ordinals, the latest price of ORDI today reached $38.866, with an increase of up to 3.01%, trading volume $273 million
According to the analysis of the K-line chart, it is currently in a volatile trend. Compared to the significant drop at 11:00, breaking through the low point of 12:00, it has decreased compared to 07:00. The price is declining but trading volume is increasing, which usually indicates increased selling pressure and sellers are actively selling.
Such a situation may indicate that the market has a pessimistic attitude towards future prices, or there are certain negative news triggering panic selling. In this case, future prices may continue to decline due to significant selling pressure and pessimistic market sentiment.
Investors should be vigilant about whether the price will break through key support levels. If the support level is breached, it may lead to a larger decline. Trading volume is increasing, the price is falling, and selling pressure is significant. According to the Williams indicator, it is currently considered oversold.
Recent trading volume has increased, with trading volume rising compared to the previous hours, while the price is falling, indicating increased selling pressure.
Market conditions are complex, and the rise may be influenced by various factors. It is recommended that investors remain vigilant and pay attention to market dynamics.
The above content is for reference only and does not constitute investment advice.