ORDI Surges 200% Amid Altcoin Rally, Prints God Candle
BeInCrypto
ORDI experienced a massive price surge and volume spike, breaking out of a long-term falling wedge pattern toward higher Fibonacci resistance levels.Summary
Ordinals (ORDI) saw a significant price increase, jumping from the $2.00 range to over $6.60, supported by a massive surge in trading volume. This movement follows a prolonged base-building period and a breakout from a falling wedge pattern. Currently, the asset is testing critical Fibonacci resistance levels, with technical indicators like the RSI suggesting overbought conditions on daily timeframes while hourly charts maintain strong bullish momentum. Analysts point to a long-term target of $11.40, supported by structural convergence across multiple timeframes.
(Source：BeInCrypto)