Ordi (ORDI) Price Action

The ORDI price has continued displaying a neutral price action over the past few days, indicating a weak bullish sentiment for the altcoin. Positively, it has secured the 92nd position in the global crypto-list despite recording a correction of 22.39% over the past 30 days, indicating a bullish outlook.

The Relative Strength Index (RSI) has displayed a constant flatline in its price chart, indicating a weak price action for the altcoin in the market. However, the average trendline shows a potential bullish convergence, suggesting a high possibility of a trend reversal.

If the ORDI price holds its value above the support level of $28.25, the bulls will prepare to test its resistance level of $39.75 in the coming time. Conversely, if the bears gain momentum, the altcoin will plunge toward its low of $17.80 during the upcoming weeks.$ORDI