ORDI Price Prediction: Will It Soar in 2024?

Bittime - Predictions suggest a possible bullish breakthrough for Ordinal (ORDI), although currently the price is stable at $41.33 and does not show significant utility over other tokens. 

Potential rise to $50 in the next few weeks amid market volatility. Investors are advised to monitor the market carefully before investing.

ORDI Prediction Experiences a Bullish Breakout

Even though the Bitcoin market and the market as a whole seem to be profitable, Ordinal seems to be bucking the trend. Analysts anticipated that ORDI might experience a bullish breakthrough, but that doesn't appear to be happening.

ORDI itself is bland and does not offer any utility, unlike other tokens in its category. This occurs even though the BRC-20 standard token follows general market trends. However, the ability to add NFTs to the Bitcoin blockchain might add value.

ORDI Price Prediction

In the weekly range, ORDI remained stable at 26%. Additionally, at $41.33, the price is showing some resistance to the overall market optimism, which may point to a shift to a stronger direction in the next few days.

Big Chance ORDI Will Reach $50

There is a greater chance that ORDI will reach the $50 mark in the next few weeks. However, as more analysts look for bigger breakouts in the long term, high volatility also means that these accumulation moves will be a gamble for investors and traders.

Warning for Investors If You Want to Invest in ORDI

This situation is highly dependent on a general market rally, which may or may not occur in the next few weeks. Investors and traders should monitor the market for additional opportunities before considering a pullback to ORDI.

Conclusion

The price of Ordinal (ORDI) is currently stable with little price change, trading around $41.33, and is expected to reach $50 in the next few weeks, despite the general trend of the Bitcoin and crypto markets showing a positive trend. However, keep in mind that ORDI does not have any significant benefits compared to other tokens in its category. 

Although NFT integration with the Bitcoin blockchain may generate additional value, the anticipated bullish breakthrough has not yet occurred. Due to high market volatility, investors and traders should exercise caution and monitor the market closely before making an investment decision on ORDI.

How To Buy Crypto With Bittime

You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.