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Cryptocurrency Prices: BTC & Altcoins Rebound, ORDI Soars 20% đ
The cryptocurrency market saw a strong rebound , with Bitcoin (BTC) and several major altcoins experiencing positive price movements. Notably, ORDI (Ordinals) surged by an impressive 20%, capturing the attention of traders and investors.
Key Highlights đ
- Bitcoin (BTC) Rebounds: After a period of consolidation, Bitcoin showed signs of recovery, bouncing back to trade around key support levels. This uptick in BTC is often seen as a positive signal for the broader market, instilling confidence among investors.
- Altcoins Join the Rally: Several altcoins followed Bitcoinâs lead, with significant gains seen across the board. Major players like Ethereum (ETH), Solana (SOL), and Cardano (ADA) registered notable increases in their prices, reflecting a renewed bullish sentiment in the market.
- ORDI Soars 20%: ORDI, a relatively newer entrant in the crypto space, emerged as the standout performer, surging by 20%. This sharp increase in ORDIâs price has drawn attention, likely driven by strong trading volumes and positive news surrounding the project.
đđđ
$ORDI
Market Overview đ
- Bitcoin ($BTC ): BTC rebounded from its recent lows. Traders are watching closely to see if BTC can sustain this momentum and possibly test higher resistance levels in the coming days.
- Ethereum (ETH): ETH followed BTCâs lead. The upcoming Ethereum network upgrades and continued interest in DeFi are key factors supporting its price.
- Solana (SOL): SOL saw a modest increase, reflecting the overall positive sentiment in the market. Solanaâs ecosystem continues to grow, and this price movement could be an early indicator of further gains.
- Cardano (ADA): ADA also participated in the market rebound, with its price showing a healthy uptick. As Cardanoâs ecosystem expands, investors are optimistic about its long-term potential.
Whatâs Driving ORDI's Surge? đ
đđđ
$ORDI
ORDIâs 20% surge can be attributed to several factors:
1. Increased Trading Volume: A significant spike in trading volume has propelled ORDIâs price upward, indicating strong interest from the market.
2. Positive News and Developments: Recent announcements or developments within the Ordinals project may have fueled investor enthusiasm, leading to a price rally.
3. Market Sentiment: The overall bullish sentiment in the crypto market has likely contributed to ORDIâs strong performance, as traders seek out promising altcoins with potential for high returns.
Conclusion đ
The cryptocurrency marketâs rebound is a positive sign for investors, especially with BTC leading the charge and altcoins like ORDI showing impressive gains. As always, the market remains highly dynamic, and staying informed about the latest developments will be key to making well-informed investment decisions. Keep an eye on Bitcoinâs performance as it could dictate the next moves in the broader crypto market.
#ordiâââ #ORDIđ°æșèœć€ç©șçç„ #CryptoMarketMoves #SahmRule #SuperMacho
Key Highlights đ
- Bitcoin (BTC) Rebounds: After a period of consolidation, Bitcoin showed signs of recovery, bouncing back to trade around key support levels. This uptick in BTC is often seen as a positive signal for the broader market, instilling confidence among investors.
- Altcoins Join the Rally: Several altcoins followed Bitcoinâs lead, with significant gains seen across the board. Major players like Ethereum (ETH), Solana (SOL), and Cardano (ADA) registered notable increases in their prices, reflecting a renewed bullish sentiment in the market.
- ORDI Soars 20%: ORDI, a relatively newer entrant in the crypto space, emerged as the standout performer, surging by 20%. This sharp increase in ORDIâs price has drawn attention, likely driven by strong trading volumes and positive news surrounding the project.
đđđ
$ORDI
Market Overview đ
- Bitcoin ($BTC ): BTC rebounded from its recent lows. Traders are watching closely to see if BTC can sustain this momentum and possibly test higher resistance levels in the coming days.
- Ethereum (ETH): ETH followed BTCâs lead. The upcoming Ethereum network upgrades and continued interest in DeFi are key factors supporting its price.
- Solana (SOL): SOL saw a modest increase, reflecting the overall positive sentiment in the market. Solanaâs ecosystem continues to grow, and this price movement could be an early indicator of further gains.
- Cardano (ADA): ADA also participated in the market rebound, with its price showing a healthy uptick. As Cardanoâs ecosystem expands, investors are optimistic about its long-term potential.
Whatâs Driving ORDI's Surge? đ
đđđ
$ORDI
ORDIâs 20% surge can be attributed to several factors:
1. Increased Trading Volume: A significant spike in trading volume has propelled ORDIâs price upward, indicating strong interest from the market.
2. Positive News and Developments: Recent announcements or developments within the Ordinals project may have fueled investor enthusiasm, leading to a price rally.
3. Market Sentiment: The overall bullish sentiment in the crypto market has likely contributed to ORDIâs strong performance, as traders seek out promising altcoins with potential for high returns.
Conclusion đ
The cryptocurrency marketâs rebound is a positive sign for investors, especially with BTC leading the charge and altcoins like ORDI showing impressive gains. As always, the market remains highly dynamic, and staying informed about the latest developments will be key to making well-informed investment decisions. Keep an eye on Bitcoinâs performance as it could dictate the next moves in the broader crypto market.
#ordiâââ #ORDIđ°æșèœć€ç©șçç„ #CryptoMarketMoves #SahmRule #SuperMacho
ORDI Analysis: As discussed on May 23rd, ORDI/USDT was in a favorable buying range at $37 and subsequently dropped to $35.8. However, it then experienced a significant price surge to $44.5, resulting in a profit. Currently, ORDI is attempting to break out above its 200 Exponential Moving Average (EMA) resistance in the 4-hour time frame. If ORDI successfully breaks through $41.7 and closes its daily candle above this level, it may lead to a more bullish move up to $57, provided Bitcoin remains stable.#ORDIđ°æșèœć€ç©șçç„
$ORDI
Entry Zone - 49$-50$
TP 1 - 52
TP 2 - 53.5
TP 3 - 56
SL - 42$
close 50% position at TP 3 and then hold it till 60$ strictly move your Stop loss to break even
#altcoins #ORDIđ°æșèœć€ç©șçç„ #btc70k
Entry Zone - 49$-50$
TP 1 - 52
TP 2 - 53.5
TP 3 - 56
SL - 42$
close 50% position at TP 3 and then hold it till 60$ strictly move your Stop loss to break even
#altcoins #ORDIđ°æșèœć€ç©șçç„ #btc70k
đ„đ„ LIVE TRADE $ORDI đ„đ„
Shorting ORDI here.
I will slowly be adding to my position up to 54.
We have reached range high + POC of the previous big range.
#ORDIBULLISH #ordiâââ #ORDIđ°æșèœć€ç©șçç„
Shorting ORDI here.
I will slowly be adding to my position up to 54.
We have reached range high + POC of the previous big range.
#ORDIBULLISH #ordiâââ #ORDIđ°æșèœć€ç©șçç„
$The X account @GCRClassic of the well-known trader GCR was hacked and posted a series of tweets about which tokens he was buying, including "currently heavily holding ORDI", which caused the price of ORDI to rise from around 38 USDT to 44.5 USDT in the short term and then fall back. On-chain reconnaissance shows that this matter may be related to the Meme coin CAT team Sol. A few minutes before the hacker attack, an address related to the Sol team opened a $2.3 million ORDI and $1 million ETHFI long position on the decentralized derivatives trading platform Hyperliquid. In addition, the hacker may have traded perpetual products on CEX, but only made $30,000.
This incident once again highlights the long-standing problems in the circle. As a legendary trader with a good reputation, GCR's influence is indeed great, but is this extreme influence beneficial to the industry? On the other hand, the "horse-grabbing" plot of Kardashian's stepfather Caitlyn Jenner releasing the meme coin JENNER also sparked heated discussions on CT. On-chain detective Roxo pointed out that Caitlyn Jenner's account was not stolen, but was manipulated by Sahil Arora's "social engineering". The lesson we can learn from these events is that hackers are using KOLs to launch attacks. In addition, the degree of manipulation of Meme coins may be the same as that of VC coins, or even higher.
#ORDIđ°æșèœć€ç©șçç„
$ORDI
This incident once again highlights the long-standing problems in the circle. As a legendary trader with a good reputation, GCR's influence is indeed great, but is this extreme influence beneficial to the industry? On the other hand, the "horse-grabbing" plot of Kardashian's stepfather Caitlyn Jenner releasing the meme coin JENNER also sparked heated discussions on CT. On-chain detective Roxo pointed out that Caitlyn Jenner's account was not stolen, but was manipulated by Sahil Arora's "social engineering". The lesson we can learn from these events is that hackers are using KOLs to launch attacks. In addition, the degree of manipulation of Meme coins may be the same as that of VC coins, or even higher.
#ORDIđ°æșèœć€ç©șçç„
$ORDI
I hope Folks You Also Enjoy Huge Profit To Fellow My $ORDI coin. .
Check The date when I mark to buy it. .
#StartInvestingInCrypto #altcoins #ordiâââ #ORDIđ°æșèœć€ç©șçç„
Check The date when I mark to buy it. .
#StartInvestingInCrypto #altcoins #ordiâââ #ORDIđ°æșèœć€ç©șçç„
$ORDI Bangs Another Target
Next Level 72$
Looks Still Bullish and I m holding till next Level
Follow for more these kinda Trades and Analysis đ°â€ïž
#Binance55thProject(IO) #ORDIđ°æșèœć€ç©șçç„ #StartInvestingInCrypto
Next Level 72$
Looks Still Bullish and I m holding till next Level
Follow for more these kinda Trades and Analysis đ°â€ïž
#Binance55thProject(IO) #ORDIđ°æșèœć€ç©șçç„ #StartInvestingInCrypto
LIVEChocotoco5
--
Bullish
$ORDI Bangs and On the Way to Next Target 62$
Always do your own Research and Take Trades when you feel confident
One Bad Chapter can't decide your whole story
Take calculated Risk and Avoid high Leverage Trades
Always Use SL in future Trading
#ETHETFsApproved #ordi
Always do your own Research and Take Trades when you feel confident
One Bad Chapter can't decide your whole story
Take calculated Risk and Avoid high Leverage Trades
Always Use SL in future Trading
#ETHETFsApproved #ordi
Ordinals (ORDI) Recent Price Surge and Market Activity
Ordinals (ORDI) has experienced a significant price increase, rising by 27% in the past week and breaking the $50 resistance level to reach $57.38. The token saw a 2.73% rise in the last 24 hours and a 21% gain over the past week. This growth is accompanied by a notable surge in ORDI futures open interest, which increased by $120 million in the past three days, surpassing $300 million. This surge highlights growing market participation and interest in ORDI.
Technical Analysis
Technical indicators show ORDI trading above its 50 and 100-day Exponential Moving Averages (EMAs), which provide strong support levels. The Relative Strength Index (RSI) is near 70 with a positive slope, indicating continued bullish momentum.
Ordinals Protocol and Marketplace Activity
ORDI utilizes the BRC-20 protocol on the Bitcoin blockchain, writing information such as text and pictures to each Satoshi. Despite the recent bullish trend, overall activity on the Ordinals marketplace has declined from March to May 2024. Text inscriptions dominate over images and videos, with a decline in inscription fees as reported by Dune Analytics. However, Ordinals Wallet and Magic Eden lead in transaction volumes, with unique wallet users reaching approximately 15,525.
Future Outlook
The bullish sentiment for ORDI is supported by its strong market performance and technical indicators. ORDI is expected to test higher resistance levels, potentially reaching $70 in the near term. The correlation between ORDI and Bitcoin has slightly increased, with a correlation coefficient of approximately 0.57. Despite a decline in overall user activity and transaction volumes, the growth in unique users of Ordinals wallets signals a resilient and growing ecosystem. With a market cap of $1.18 billion, ORDI remains a prominent player in the cryptocurrency market, attracting investors and enthusiasts.
$ORDI #ORDIđ°æșèœć€ç©șçç„ #Write2Earn! #EarnFreeCrypto2024 #ETFvsBTC
Technical Analysis
Technical indicators show ORDI trading above its 50 and 100-day Exponential Moving Averages (EMAs), which provide strong support levels. The Relative Strength Index (RSI) is near 70 with a positive slope, indicating continued bullish momentum.
Ordinals Protocol and Marketplace Activity
ORDI utilizes the BRC-20 protocol on the Bitcoin blockchain, writing information such as text and pictures to each Satoshi. Despite the recent bullish trend, overall activity on the Ordinals marketplace has declined from March to May 2024. Text inscriptions dominate over images and videos, with a decline in inscription fees as reported by Dune Analytics. However, Ordinals Wallet and Magic Eden lead in transaction volumes, with unique wallet users reaching approximately 15,525.
Future Outlook
The bullish sentiment for ORDI is supported by its strong market performance and technical indicators. ORDI is expected to test higher resistance levels, potentially reaching $70 in the near term. The correlation between ORDI and Bitcoin has slightly increased, with a correlation coefficient of approximately 0.57. Despite a decline in overall user activity and transaction volumes, the growth in unique users of Ordinals wallets signals a resilient and growing ecosystem. With a market cap of $1.18 billion, ORDI remains a prominent player in the cryptocurrency market, attracting investors and enthusiasts.
$ORDI #ORDIđ°æșèœć€ç©șçç„ #Write2Earn! #EarnFreeCrypto2024 #ETFvsBTC
#ORDIđ°æșèœć€ç©șçç„ it will go up buy it in spot trading hold it and you wount regret
Reminder Reminder Reminder 1 is Gone 2 are Remaining
#ORDIđ°æșèœć€ç©șçç„
#SOFR_Spike
#US_Job_Market_Slowdown
#VanEck_SOL_ETFS
#MtGoxJulyRepayments
$1000SATS
$SAGA
$WIF
#ORDIđ°æșèœć€ç©șçç„
#SOFR_Spike
#US_Job_Market_Slowdown
#VanEck_SOL_ETFS
#MtGoxJulyRepayments
$1000SATS
$SAGA
$WIF
LIVEB4 Benance B4 Beetget
--
03Coins to Buy in Dip for Pump Coming Soon
1: $ORDI
2:$BOME
3: $1000SATS
Take Profit when Pumped 10% 20
1: $ORDI
2:$BOME
3: $1000SATS
Take Profit when Pumped 10% 20
See original
Urgent market updates!
đ„đ„đ„đ„đ„đ„đ„đ„đ„
#ORDI ORDI Market News:
đ„đ„đ„đ„đ„đ„đ„đ„đ„
On the 1-hour time scale, the market is in a recovery trend; while in the 2-4 hour time range, it presents a pattern of adjustment and consolidation. đšđšđš Find the author Cfst888
Please pay close attention to the critical point of long and short in 1 hour: 38.011. As long as this key position is not broken, the callback stage may come to an end, and then the market is expected to usher in long opportunities at the 1-hour level.
Upward targets can focus on the three price ranges of 38.367, 38.705 and 38.897.
However, if the market fails to break through the 1-hour pressure level, it may turn into a bearish trend, and the support levels below need to pay attention to: 37.875, 37.691 and 37.293.
Dear traders! Please keep in mind that risk management is always the top priority in the trading process. We recommend consolidating the defense line first and then seeking profit opportunities.
Please follow me, please read the comments to find an assistant, join us to provide free live guidance every week to help you better master relevant knowledge and skills. #ORDIđ°æșèœć€ç©șçç„ #ORDI.24ć°æ¶äș€æçç„ #ORDI.æșèœçç„ćșđđđ #ORDIUSDT
đ„đ„đ„đ„đ„đ„đ„đ„đ„
#ORDI ORDI Market News:
đ„đ„đ„đ„đ„đ„đ„đ„đ„
On the 1-hour time scale, the market is in a recovery trend; while in the 2-4 hour time range, it presents a pattern of adjustment and consolidation. đšđšđš Find the author Cfst888
Please pay close attention to the critical point of long and short in 1 hour: 38.011. As long as this key position is not broken, the callback stage may come to an end, and then the market is expected to usher in long opportunities at the 1-hour level.
Upward targets can focus on the three price ranges of 38.367, 38.705 and 38.897.
However, if the market fails to break through the 1-hour pressure level, it may turn into a bearish trend, and the support levels below need to pay attention to: 37.875, 37.691 and 37.293.
Dear traders! Please keep in mind that risk management is always the top priority in the trading process. We recommend consolidating the defense line first and then seeking profit opportunities.
Please follow me, please read the comments to find an assistant, join us to provide free live guidance every week to help you better master relevant knowledge and skills. #ORDIđ°æșèœć€ç©șçç„ #ORDI.24ć°æ¶äș€æçç„ #ORDI.æșèœçç„ćșđđđ #ORDIUSDT
See original
đŁđŁâŠBreaking newsâŠđŁđŁâŠReview
đ„đ„đ„đ„đ„đ„đ„đ„đ„
5/10:
đ„đ„đ„ đ„đ„đ„âŠ
#ORDI Yesterday afternoon, ORDIâs deduction reached the third support level accurately at 7 oâclock tonight, and then there was a small wave of shorts and then turned to longsđšđšđšđ„đ„đ„Find the author Cfst888
đ„đ„đ„Currently pay attention to: around 37.912. As long as the price is stable, the general direction is bullish. Pressure level: around 38.625-38.731.
Please follow me, please read the comments to find my assistant, join us and we will provide free live broadcast guidance every week to help you better master relevant knowledge and skills. #ORDIđ°æșèœć€ç©șçç„ #ORDI.24ć°æ¶äș€æçç„ #ORDI.æŻæ„æșèœçç„ #ORDI.æșèœçç„ćșđđđ
đ„đ„đ„đ„đ„đ„đ„đ„đ„
5/10:
đ„đ„đ„ đ„đ„đ„âŠ
#ORDI Yesterday afternoon, ORDIâs deduction reached the third support level accurately at 7 oâclock tonight, and then there was a small wave of shorts and then turned to longsđšđšđšđ„đ„đ„Find the author Cfst888
đ„đ„đ„Currently pay attention to: around 37.912. As long as the price is stable, the general direction is bullish. Pressure level: around 38.625-38.731.
Please follow me, please read the comments to find my assistant, join us and we will provide free live broadcast guidance every week to help you better master relevant knowledge and skills. #ORDIđ°æșèœć€ç©șçç„ #ORDI.24ć°æ¶äș€æçç„ #ORDI.æŻæ„æșèœçç„ #ORDI.æșèœçç„ćșđđđ
See original
đ„đ„đ„đ„đ„đ„đ„The flame signal is already high! đ„đ„đ„đ„đ„đ„
đ #ORDI ORDI latest analysis and interpretation:
đ» The current market trend, on a small scale of 1-4 hours, is dominated by bears.
đș In the macro perspective of two hours, the market is in a correction phase, and special attention should be paid to the price: 36.767. đšđšđš Find the author Cfst888
If this price can be firmly held, the correction may come to an end, and then the bulls will emerge in the two-hour level. At this time, you need to pay attention to three pressure levels: 37.229, 37.582 and 37.813. If the market touches here, it may encounter resistance near these positions.
đ» On the contrary, if this price cannot support the long-short conversion for two hours, we must be vigilant against the resurgence of short forces. At that time, the support levels of 36.462, 36.027 and 35.165 will become the focus of attention near these three key points.
đ Comrades, please remember: the way of contract, defense first, profit second. Only by solid defense can we ensure the stability of the country and long-term profits. đĄïž
Please follow me, please read the comments to find an assistant, join us to provide free live guidance every week to help you better master relevant knowledge and skills. #ORDIđ°æșèœć€ç©șçç„ #ORDI.æșèœçç„ćșđđđ #ORDI.24ć°æ¶äș€æçç„ #ORDI.æŻæ„æșèœçç„
đ #ORDI ORDI latest analysis and interpretation:
đ» The current market trend, on a small scale of 1-4 hours, is dominated by bears.
đș In the macro perspective of two hours, the market is in a correction phase, and special attention should be paid to the price: 36.767. đšđšđš Find the author Cfst888
If this price can be firmly held, the correction may come to an end, and then the bulls will emerge in the two-hour level. At this time, you need to pay attention to three pressure levels: 37.229, 37.582 and 37.813. If the market touches here, it may encounter resistance near these positions.
đ» On the contrary, if this price cannot support the long-short conversion for two hours, we must be vigilant against the resurgence of short forces. At that time, the support levels of 36.462, 36.027 and 35.165 will become the focus of attention near these three key points.
đ Comrades, please remember: the way of contract, defense first, profit second. Only by solid defense can we ensure the stability of the country and long-term profits. đĄïž
Please follow me, please read the comments to find an assistant, join us to provide free live guidance every week to help you better master relevant knowledge and skills. #ORDIđ°æșèœć€ç©șçç„ #ORDI.æșèœçç„ćșđđđ #ORDI.24ć°æ¶äș€æçç„ #ORDI.æŻæ„æșèœçç„
