ORDI Coin Price Rises: Here's the Analysis and Predictions!

<img src="https://static.bittime.com/cms-static/upload/ORDI_Coin_Price_Rises_Here_s_the_Analysis_and_Predictions_c815b925f9.webp" alt="ORDI Coin Price Rises Here's the Analysis and Predictions!.webp" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime&nbsp;</a>–&nbsp;ORDI coin recently recorded an impressive price surge of 26%, making it one of the biggest gainers in the crypto market today.&nbsp;However, despite this impressive rally, ORDI is still trapped in the descending channel that has shaped its price action since March 6.&nbsp;This article will discuss the latest analysis and price predictions for ORDI to help you understand its potential future movements.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?content_id=market_analysis&amp;cn=400003"><img src="https://static.bittime.com/cms-static/upload/banner_staking_coin_8abe277d88.webp" alt="banner staking coin.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:10pt;margin-top:14pt;text-align:justify;" dir="ltr">Current ORDI Coin Price Analysis</h2><img src="https://static.bittime.com/cms-static/upload/ORDI_Price_Analysis_e8e94ecaec.webp" alt="ORDI Price Analysis.webp" width="768" height="359">Source: TradingViewAfter its initial launch, ORDI price stabilized at around $3.50 in October 2023 and started to trend upwards. A significant spike occurred on January 2 when the price peaked at $93.&nbsp;However, the price then experienced a sharp decline of 46%, dropping to $46 on January 25. After reaching this low point, the price rose again but experienced a double top pattern on March 6, leading to a trend reversal.Then, a new downward trend emerged, with ORDI prices falling to around $31 on May 1, marking a 67% decline from the March 6 peak.&nbsp;An attempt to form a new uptrend ran into rejection at a descending resistance level, leading to a new low of $26.50 on July 5.&nbsp;Despite a recovery that took the price as high as $42 on July 21, the subsequent decline resulted in a new low of $20.80 on August 5.On August 24, ORDI price reached a new high of $36.60 before experiencing a retracement and ending at a higher high on September 2.&nbsp;This is a bullish signal indicating that the long correction may be over, with the recent 26% gain.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?content_id=market_analysis&amp;cn=400003"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:10pt;margin-top:14pt;text-align:justify;" dir="ltr">ORDI Price Prediction</h2>Based on the hourly chart, the wave structure from August 5 to August 25 shows a three-wave movement. This occurred after an impulsive downward move, which could mean ORDI is still in a downtrend.&nbsp;Additionally, although today's momentum is strong, the current high is still relatively low.There is a possibility of a breakout attempt, but interaction with descending resistance at this stage will likely end in rejection, leading to a new low.&nbsp;If this happens, ORDI may drop to the $19 area, marking the completion of a long correction since March 6.Conversely, if ORDI manages to break through descending resistance and leaves the September 2 low as a higher high, we will see a higher low and a higher high compared to August 25. This will signal the start of a new uptrend.<h2 style="line-height:1.38;margin-bottom:10pt;margin-top:14pt;text-align:justify;" dir="ltr">Conclusion</h2>With ORDI price currently showing an uptrend with no signs of struggle, there is potential for further upside in the short term.&nbsp;However, the analysis shows that the upside may be limited in case of rejection at the descending resistance level.&nbsp;Monitoring price developments and interactions with resistance levels will be the key to determining the direction of ORDI price movements in the future. Stay up to date with the latest news and market analysis to take advantage of potential ORDI price movements.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:10pt;text-align:justify;" dir="ltr">How to Buy Crypto on Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?content_id=market_analysis&amp;cn=400003"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of Indonesia's best crypto applications, officially registered with Bappebti.&nbsp;To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure 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. Study&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy/?content_id=market_analysis&amp;cn=400003">Complete Guide How to Buy Crypto on Bittime</a>.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?content_id=market_analysis&amp;cn=400003">&nbsp;of Bitcoin (BTC) price</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?content_id=market_analysis&amp;cn=400003">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?content_id=market_analysis&amp;cn=400003"> Solana (SOL),</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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ORDI Coin Price Rises Here's the Analysis and Predictions!.webp

Predictions suggest a possible bullish breakthrough for Ordinal (ORDI), although currently the price is stable at $41.33

ORDI Price Prediction: Will It Soar in 2024?

<img src="https://static.bittime.com/cms-static/upload/ORDI_Price_Prediction_Will_It_Soar_in_2024_e983d2b928.webp" alt="ORDI Price Prediction: Will It Soar in 2024?" width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en?cn=400001">Bittime</a> -&nbsp;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.&nbsp;&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a>Potential rise to $50 in the next few weeks amid market volatility. Investors are advised to monitor the market carefully before investing.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">ORDI Prediction Experiences a Bullish Breakout</h2>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.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="cara trading di bittime" width="2985" height="620"></a>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.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">ORDI Price Prediction</h2><img src="https://static.bittime.com/cms-static/upload/Prediksi_Harga_ORDI_Apakah_Akan_Melonjak_di_Tahun_2024_607a3d3340.webp" alt="ORDI Price Prediction: Will It Soar in 2024?" width="1835" height="883">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.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Big Chance ORDI Will Reach $50</h2>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.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Warning for Investors If You Want to Invest in ORDI</h2>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.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Conclusion</h2>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.&nbsp;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.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">How To Buy Crypto With Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way via&nbsp;Bittime&nbsp;. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;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.&nbsp;Monitor price chart movements of<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;Bitcoin (BTC)</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?cn=400001">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?cn=400001"> Solana (SOL)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Top trader Eugene Ng Ah Sio posted a bullish analysis of ORDI, triggering a surge in ORDI prices from US$40 to US$41 in 5 minutes.

<img src="https://static.bittime.com/cms-static/upload/Top_KOL_Trader_Issues_Bullish_Article_About_ORDI_ef777b18e3.webp" alt="Top KOL Trader Issues Bullish Article About ORDI" width="2048" height="1152"><meta charset="utf-8"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/en?cn=400001">Bittime</a> -&nbsp;Top trader Eugene Ng Ah Sio posted a bullish analysis of ORDI, triggering a surge in ORDI prices from US$40 to US$41 in 5 minutes. This article reviews the impact of these comments on market sentiment and potential future ORDI price movements.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Top KOL Trader Issues Bullish Article About ORDI</h2><img src="https://static.bittime.com/cms-static/upload/Trader_Top_KOL_Keluarkan_Artikel_Bullish_Tentang_ORDI_8a11147f74.webp" alt="Top KOL Trader Issues Bullish Article About ORDI" width="904" height="822">The latest news from Shenzhen TechFlow states that Eugene Ng Ah Sio, one of the most influential traders on the Binance contracts platform, recently posted a bullish analysis of ORDI on What Happens. In his tweet, Ng Ah Sio stated that Bitcoin's upward trend and daily ORDI price movements are showing signs of recovery.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">What do ORDI price spikes look like?</h2>Eugene Ng Ah Sio's post sparked a rapid market response. HTX market data shows that the price of ORDI soared rapidly, surpassing US$40 just 5 minutes after the tweet was published. Currently, ORDI is quoted at US$41, which shows a huge spike in a short period of time.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="cara trading di bittime" width="2985" height="620"></a><h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Profile Eugene Ng Ah Sio</h2>Eugene Ng Ah Sio has a reputation as one of the best traders on the Binance contracts platform due to his outstanding performance. Demonstrating his market analysis and crypto trading skills, he has earned over US$28.65 million from contracts throughout the year. Investors and traders who follow ORDI's movements in the market believe more in his negative comments about ORDI.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">ORDI Market Analysis According to Eugene Ng Ah Sio</h2>The positive ORDI price movement after Eugene Ng Ah Sio's comments shows that market sentiment towards ORDI is improving. With Bitcoin's upward trend, many traders and investors may see ORDI as an opportunity. A spike in ORDI price could also indicate that the market as a whole is starting to pay attention to this asset.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">Conclusion</h2>Price movements in the crypto market are often influenced by bullish comments from prominent traders such as Eugene Ng Ah Sio. ORDI's significant price spike following his post shows how powerful an influence leading analysts can have on investment decisions. Investors can make more informed decisions about ORDI's future movements by continuously monitoring market developments and prevailing sentiment. Make sure to follow market news and analysis from trusted sources to get the latest updates on ORDI and other crypto assets.<h2 style="line-height:1.7999999999999998;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">How To Buy Crypto With Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a>You can buy and sell crypto assets in an easy and safe way via&nbsp;Bittime&nbsp;. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.&nbsp;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.&nbsp;Monitor price chart movements of<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;Bitcoin (BTC)</a>,&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?cn=400001">Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?cn=400001"> Solana (SOL)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.