Just In: $ORCA Surged Nearly 300% Today Amidst a Falling Wedge

100
Orca (ORCA) one of the first general-purpose AMMs launched on Solana where users can swap assets, provide liquidity, and earn yield through an easy-to-use interface saw its native token (ORCA) spike nearly 300% today amidst a bullish pennant that has been formed on the first week of December 2024.

This steep falling wedge that has occurred last year led to ORCA losing about 78% of market value, causing a liquidity sweep and low demand for ORCA which made the token to undergo about 3 months of consolidation phases.

As of the time of writing, ORCA has cool-off consolidating to the $0.0214 support point with the Relative Strength Index (RSI) at 62 this is a healthy state for ORCA to form a demand territory for buyers to step in.

Orca Price Live Data
The live Orca price today is $2.89 USD with a 24-hour trading volume of $554,878,139 USD. Orca is up 83.76% in the last 24 hours, with a live market cap of $161,365,451 USD. It has a circulating supply of 55,776,561 ORCA coins and the max. supply is not available.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.