ORDI price reaches $28.71 per coin, up 3.53% on the day
Ordinals latest price news, ORDI real time price rose 3.53% to $28.71 with a trading volume of $85,492,800 By analyzing the k-chart, it is now in an oscillating trend. It is up slightly compared to 13:00, down slightly compared to 12:00, back up from 07:00 and down from 11:00. A rise in price but a fall in trading volume usually means that the upward momentum of the market is weakening and the number of buyers is decreasing. This volume-price divergence may be due to a lack of selling. In this case, prices may retrace or move sideways in the future. Due to the lack of trading volume support, the price rise may be unsustainable and investors should be alert to the risk of a price pullback at higher levels. It is advisable to keep an eye on whether the trading volume can keep up with the price rise and whether there is new buying intervention. Market heat is low and trading volume has decreased. According to the Williams indicator, the state is now overbought. Trading volume has decreased recently, trading volume is lower than in the previous hours, price is rising and trading volume is falling: upward momentum is weakening. The market's upward momentum is weakening, so it is recommended to operate cautiously, pay attention to changes in trading volume and avoid blind entries. The above is for reference only and does not constitute investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
100 million USDT was transferred from CEX to Tether Treasury
Solv Protocol: Control of X account has been restored
MARA CEO: We will continue to increase our Bitcoin holdings in the balance sheet in 2025