The post BRC-20 Tokens Stumble Again! ORDI And SATS Price To Record New Low Soon? appeared first on Coinpedia Fintech News
The BRC-20 tokens displayed a notable run during the last month, as major tokens from the category recorded massive gains in their respective portfolios. Since the start of 2024, the ORDI and SATS prices have displayed a neutral trend, suggesting a rise in the disinterest of investors in this category.
Further, both the tokens have experienced a breakdown from their important support levels, highlighting a strong bearish influence in the crypto space. Will BRC-20 regain momentum and record a new high this year?
ORDI Price Analysis:
The ORDI price traded in a consolidated range between $66 and $78 for a brief period, following which the bulls gained momentum and the price broke out of the range. The bulls constantly struggled to hold the price above the resistance/support level of $78, indicating a bear/bull power in the market.
After multiple attempts, the bulls
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