Shocking! ORDI price breaks through $100 mark with strength!

ORDI’s Bullish Extension

After weeks of trend contraction, the ORDI token price has seen multiple breakouts and sharp upward bullish moves. This ORDI token with a market cap of $1.328 billion has gained 64% in the past 30 days. More exciting, the bullish recovery in June brought a breakout rebound of 35% of the ORDI token’s value. This movement is clearly visible in the 1D chart, showing an arrangement of six bullish candles.

Will ORDI price reach $100?

As the bull market has driven multiple altcoins up, the rise in BTC price has directly affected the price trend of ORDI. According to the Fibonacci levels, the bull market has challenged the 23.60% Fibonacci level of $64.5 with a bullish engulfing candle.

Once this important barrier of $65 is broken, the upward trend is likely to continue and is expected to break through the all-time high of $96.53 and even $100. In an optimistic scenario, if Bitcoin continues to soar, it could push the market value of ORDI tokens up to $120.

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