Ordi Price Prediction: Is $39 the Line in the Sand for Bulls

30-04-2024 By: Lokesh Gupta
Ordi Price Prediction: Is $39 the Line in the Sand for Bulls

Ordi Price Prediction 2025 is projected to reach $100

  • $ORDI struggles to reach the $100 psychological milestone, facing multiple downward movements towards the $39 support zone.

  • Recent correction witnesses a decline to $39, failing to breach the $52 resistance, resulting in another drop towards the demand zone.

  • Notably, rejection at the $43 level suggests a potential double-bottom reversal pattern.

  • Sellers exhibit strength at the 50% Fibonacci retracement level, heightening the likelihood of a downtrend continuation.

  • ORDI's current trading position below $40 indicates consolidation near the demand zone.

  • Analysis indicates increasing possibilities of a reversal, with $ORDI anticipated to rebound from the 50% Fibonacci level towards $80.

  • Conversely, a breach below the $39 demand zone could trigger further declines towards the $33 or $22 support levels.

  • According to Coingabbar analysis, #Ordi Price Prediction 2030 is forecasted to hover around $200, while #Ordi Price Prediction 2040 is anticipated to reach approximately $500.

KEY LEVELS :

RESISTANCE LEVEL : $45.00-$52.00

SUPPORT LEVEL : $33.00-$26.00

Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgement, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.

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