ORDI USDT ORDI Technical Analysis

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By Frans van Elst

ORDI logo In this ORDI technical analysis, we will examine the current price action, trading volume, key levels and indicators for ORDI-USDT. ORDI is a decentralized finance (DeFi) platform that utilizes blockchain technology to provide users with a secure and transparent way to invest in various financial instruments. With ORDI, users can access a wide range of financial products, such as lending, borrowing, and trading, all within a single ecosystem. By leveraging the power of smart contracts, ORDI aims to revolutionize the traditional finance industry by providing faster, cheaper, and more secure financial services to users around the world.

ORDI Price Overview:

As of February 19, 2024, ORDI is trading at approximately 70.262 USDT. Let’s dive into the detailed price action for ORDI-USDT:

Understand ORDI’s (ORDIUSDT) growth potential at 70.26 USDT with detailed bullish technical analysis, highlighting strong support and promising indicators.

Metric Value
Open (O) 69.445
High (H) 73.365
Low (L) 69.39
Close (C) 70.262
Volume (C) 931,317.35
  • Open (O): The opening price for today’s trading session was approximately 69.445 USDT.
  • High (H): ORDI reached a daily high of around 73.365 USDT.
  • Low (L): The daily low for ORDI-USDT was approximately 69.39 USDT.
  • Close (C): At the time of analysis, ORDI is trading near its daily close of 70.262 USDT.
Metric Value
1D Change (%) 1.18%
3D Change (%) -0.15%
7D Change (%) -0.82%
30D Change (%) 4.97%
90D Change (%) 268.25%
YTD Change (%) -10.45%

Over the past three days, ORDIUSDT has decreased by approximately -0.15%, showcasing increased market volatility. Throughout the last week, it continued to decrease, with a loss of around -0.82%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ORDIUSDT maintaining an upward trend of approximately 4.97%, despite intermittent fluctuations. Examining the last 90 days, ORDIUSDT has witnessed substantial increase of approximately 268.25%, reflecting strong long-term confidence. Year-to-date, ORDIUSDT has steadily dropped by around -10.45%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

ORDI Live Chart:

You can access a live price chart for ORDI-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.

Price Volatility and Momentum:

  • Volatility score is 0.71982.
  • Momentum score is 0.15487.

ORDI USDT Technical Analysis

ORDI Trading Volume:

The trading volume for ORDI (ORDI) over the past 24 hours has been insignificant, with approximately 931,317.35 USDT traded against ORDI. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.

Moving Averages:

  • 50-day Simple Moving Average (SMA): ORDI is currently trading above the 50-day SMA, indicating short-term bullish momentum.
  • 200-day Simple Moving Average (SMA): ORDI is also trading above the 200-day SMA, indicating a positive long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for ORDI-USDT is currently in the high zone, around 56.41265. This suggests that ORDI is in bullish territory.

Analysis from TradingView:

Our Key Takeaways:

ORDI (ORDI-USDT) is currently exhibiting signs of short-term bullish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the high RSI and insignificant trading volume are high signals for potential upward movement.

Understand ORDI’s (ORDIUSDT) growth potential at 70.26 USDT with detailed bullish technical analysis, highlighting strong support and promising indicators.

Take your understanding to the next level with our extensive analysis of ORDI BTC ORDI Technical Analysis; if you enjoyed this post, you’re in for a treat!

Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.

Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.

Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.

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