ORDI Price Strongly Surpasses $100 Mark

With Bitcoin maintaining levels above $71,000, the broader market sentiment is improving rapidly. Amid this recovery, ORDI token has achieved price gains with additional momentum.

With a strong tie to the Bitcoin network, will ORDI token reach a market valuation of $100? Learn more in our ORDI price prediction.

ORDI’s Bullish Extension

Following weeks of trend contraction, ORDI price has seen multiple breakouts and bullish moves with a sharp rise in momentum. ORDI token, with a market cap of $1.328 billion, has gained 64% in the past 30 days. Moreover, ORDI token’s breakout rebound accounts for 35% as the bullish recovery in June.

In the chart below, the yellow triangle breakout rebound has broken above the major resistance trendline. This suggests a reversal in ORDI price trend and a possible jump to a new all-time high near $100.

Currently, ORDI price is $61.22 with an intraday gain of 9.86%, forming a massive bullish engulfing candle. As trading volume surges, the upward trend challenges the $65 mark, achieving bullish continuation.

Will ORDI price reach $100?

As the bull market begins to drive multiple altcoins up, the rise in BTC prices directly drives the ORDI price trend. Breaking through the $65 mark may continue the upward trend, breaking the historical high of $96.53 and breaking through $100. Optimistically speaking, the surge in Bitcoin may push the market value of ORDI tokens to $120.

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