1
ORDI token price breached the round mark of $50 and extended the correction.
2
Sellers have persisted in making short positions and eyeing to push ORDI to $20.
The Ordinals (ORDI) token price displayed a range breakdown and witnessed severe distribution from the highs. The token has washed over 28% of gains in the last 10 trading sessions.
Following the market correction, the token has persisted in making lower lows and slipped below the key moving averages. If the bearish wave continues, the token may soon retest the downside region of $20.
At press time, the Ordinals token (ORDI) price traded at $35.86 with an intraday drop of 9.10%, reflecting bearishness on the charts. It has a monthly return ratio of -50.78% and 506.289% yearly.
The pair of ORDI/BTC is at 0.000589 BTC, and the market cap is $753.21 Million. Analysts are neutral and suggest that the ORDI price may continue to face bearishness and will underperform in the next sessions.
We współpracy z: https://www.thecoinrepublic.com/2024/05/11/ordinals-ordi-short-term-outlook-will-ordi-retest-20/
