Cryptocurrency News
Ordi’s market structure remains bearish on the monthly scale as it keeps trading in a descending wedge. However, the trading landscape is changing daily following a recent weekly surge from $26. After recovering briefly from August’s low, Ordi encountered resistance and initiated a drop again with a strong monthly bearish […]
Since the start of the drop in March, Ordi has lost more than 70% of its value to a ten-month low. Although it has regained strength briefly from this low, it has continued to trade inside a descending wedge. After nearly touching $100 in the first quarter of the year, […]
The past few months saw ORDI through a massive rally as it returns over 15x in profits. Although the price retraced earlier this month but is now slowly bouncing back after holding the $63 level as support. ORDI recently paused bullish after witnessing notable growth since October 2023. It found […]
The recent surge in Ordinals inscriptions, not limited to Bitcoin alone, has sent shockwaves through various blockchain networks, notably impacting Ethereum Virtual Machine (EVM) chains with a significant increase in gas spending during the weekend. Bitcoin’s inscription phenomenon has posed a unique set of challenges, and its repercussions have extended […]
Ordinal Protocol’s native token – ORDI resumed bullish and saw roughly 60% gains in the last three days. This led to a breakout as it now targets a new high level. It currently follows Bitcoin’s pattern on a daily. After launching into the market at $10 in May, ORDI fell […]