Analysis: ORDI is currently in a volatile trend, it is recommended to wait and see.
On December 15, the latest price of ORDI today reached $33.7, with a drop as high as -3.02%, and a trading volume of $156 million. Based on the analysis of the K-line chart, it is currently in a fluctuating trend where both price and trading volume are decreasing within this fluctuation trend. The Williams Indicator shows that it is currently oversold. Recently, there has been a decrease in trading volume and both price and trading volume are falling: the market is quiet, transactions are not active, the downward trend is obvious; it's suggested to continue watching and wait for the market to warm up.
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
The Ethereum ETF had a net inflow of 62.73 million US dollars last week
The suspected ARB Foundation wallet address deposited 2.394 million ARB into CEX