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ORDI

Ordinals | ORDI & Brc20 The live Ordinals price today is 15 usd with a 24hour trading volume of 60 million dollar. Ordinals is up 24% in the last 24 hours but what is ORDI and BRC20? BRC20 is an experimental token standard that enables the minting and transferring of fungible tokens via the Ordinals protocol on the Bitcoin blockchain after the Bitcoin Ordinals protocol launched in January 2023, enabling NFTs to be inscribed on satoshis , there has been curiosity about whether fungible tokens could be created on Bitcoin. BRC20 token standards were created in March 2023 by a pseudonymous programmer named Domo to make minting fungible tokens on Bitcoin possible. The first BRC20 token deployed was called Ordi. Bitcoin wallets quickly deployed tooling to support BRC20 tokens. Numerous other BRC-20 tokens, many of which are meme tokens, were launched in the months after. As of May 2023, some BRC20 tokens have experienced astronomical price increases and obtained significant market caps, the demand for BRC20 tokens caused Bitcoin transaction fees to surge and caused significant congestion on the Bitcoin network. you probably think but we already had Erc20 so what the...well BRC20 tokens exist on the Bitcoin network, while ERC20 is a standard on the Ethereum network. BRC20 tokens don't use smart contracts and, therefore, have much less functionality. On the contrary, ERC20 tokens can interact with other protocols and applications to enable a wide range of services, including borrowing and lending. ERC20 is a mature token standard with a massive number of ERC20 tokens already created and widely used. Conceived in 2015 and officially recognized in 2017, ERC20 tokens have been battle tested and proven to function stably. That's not the case with BRC20 tokens, whose future has a high degree of uncertainty, despite the hype, BRC-20 tokens have little utility at present now lets see why Ordi just pumped, OKX just announced the listing of ORDI, and will open deposits at 18:00 on the 20th, and open spot transactions after the deposit amount meets the transaction requirements. ORDI is the first BRC20 asset, with a total of 21 million. Affected by this announcement, its price rose by more than 24% in 1 hour. The current price is around $15, and its market value is $313 million now Ordi can hit 15.5 , 16 and 16.5 for now
Long
by moonypto
1
ORDI/USDT - Bouncing back from the supportBINANCE:ORDIUSDT (1D CHART) Technical Analysis Update ORDI is currently trading at $68.261 and showing overall bullish sentiment as the price bouncing back from the support. We have good opportunity for Long trade as we can expect the price to hit the resistance line. Entry level: $ 68.261 Stop Loss Level: $ 55.12 TakeProfit 1: $ 75.84 TakeProfit 2: $ 84 TakeProfit 3: $ 96 Max Leverage: 3x Don't forget to keep stop loss. Follow Our TradingView Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts. Cheers GreenCrypto
Long
by GreenCryptoTrades
ORDI/USDT bullish reversal from key support? ? 👀🚀Ordi analysis 💎Paradisers, gear up for a thrilling trading journey with #ORDIUSDT, strategically positioned at a critical support area, hinting at a potential bullish turnaround on the cards. 💎Navigating the #ORDI Landscape:As we delve into the #ORDI narrative, a bounce from significant resistance has been noted. Presently, it encounters a setback at the formidable resistance of $85.151. Anticipation is building for a pivot from the vital support at $73.662. Keeping the momentum in view, our sights are set on attacking the notable resistance level at $115.131. 💎 Preparing for Momentum Shifts:Should the drive behind SEED_DONKEYDAN_MARKET_CAP:ORDI start to wane, stay vigilant for a bullish revival originating from the solid support at $65.529. However, a descent below this crucial threshold could signify a shift towards bearish domains. 💎Strategic Insights for Paradisers:In this dynamic trading environment, maintaining alertness and readiness to adapt strategies in response to SEED_DONKEYDAN_MARKET_CAP:ORDI 's movements is paramount. A keen observation on support and resistance levels will guide your trading decisions, ensuring you're primed for either a bullish breakthrough or adeptly navigating potential bearish shifts. The Paradise Team is by your side, offering insights and support as you embark on this exciting trading exploit.
Long
by MyCryptoParadise
2
ORDI/USDT New ATH on the Horizon? 👀🚀ORDI 1D Analysis💎Paradisers, brace yourselves for an exhilarating venture with #ORDIUSDT! This contender is positioning itself within a support zone, signaling a potential bullish journey ahead. 💎Recently charting its course along an ascending channel, #ORDI is on the rise. Currently, it's gearing up for a bullish breakout from the $65.25 support zone, poised to breach significant resistance thresholds. 💎With the bullish wave in motion, we're eyeing SEED_DONKEYDAN_MARKET_CAP:ORDI 's next challenge at the $92 resistance zone. A breakthrough here could open the gates to even loftier resistance levels. 💎Conversely, If #ORDI meets resistance and falters, we might see a resurgence from the $53.95 support level. Dipping below this could trigger a significant downturn.
Long
by MyCryptoParadise_Simon
6
Alikze → #ORDI | Descending channel failureAfter touching the third range of the target. It has been moving in a descending channel, after which it succeeded in exiting the channel and after pulling back to it, it is continuing its upward path. According to the structure of this movement, the growth ability is at least 100% of its previous wave. In addition, the defined range that has not been able to break before, if it is reached, there will be a possibility of breaking it and then pulling back and continuing the path until the supply area of the previous major ceiling for that path. 🟩Sup: 59$ ⛳️Tp 1:70$ ⛳️ Tp2 :75$ ⛳️ Tp3 : 80-85$ ----------------- Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Sincerely.❤️
Long
by UnknownUnicorn7266498
7
ORDI UPDATE : NEW SHORT ENTRY TARGET AT $79.50 : ME SORRYIt's explained in the clit, but if you're on a Nokia 5310, the gist of it is that I'm cancelling the previous short.. It's not ready.. It's below my entry, so you shouldn't be running a loss.. But you will if you keep it open.. Please note that I'm not suggesting that you go long.. You're welcome to, but don't do it because I said so.. Trading against the trend is not impossible, but it's tricky, so unless you know your stool, in which case you'd not be reading this and doing your own TA, the safer suggestion would be to look at entering short at $79.50.. (Just realized that this is the second time I've called that level, not that it's a sign from Apollo, just saying..) If your girlfriend's a disaster you'd rather avoid and you're in need of an excuse to squat over your phone, I got you.. Go ahead and squeeze out a small long.. But literally just the tip.. Any shaft and she'll wake up and you'll end up regretting it.. Be safe out there soldier! Mwah!
Short
by Rebelmedia
ORDI Support Channel upORDI perform strong bullish wave inside channel up pattern since Jan 25th, and this pattern still continue. Right now, ORDI reach channel up support at 59.260 this level also as fibonacci .628 support We can follow bullish wave from this support and aim for 23% profit at previous resistance at 73.384, with maximum target only at fibonacci 1.414 at 79.294 (strong resistance level) I will update this analysis if i found any new keylevel. Don't forget to support this analysis to get quick notification on any update.
Long
by AzrulAzir
ORDI Dump is Over, Pump is Incoming 🎁#ORDI/USDT Analysis Description --------------------------------------------------------------- + ORDI is clearly around the support zone, i see two support zone for the ORDI to bounce back from + 1st Support is around 59.794 and second one is around 56.266 I'm expecting the ORDI to bounce back between these two support zones + If the this support range breaks then we are looking at further crash and consolidation around the are 48.89 --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: 59.7998 (After bounce back) Stop Loss: 54.73 ------------------------------ Target 1: 64.17 Target 2: 67.87 Target 3: 73.394 Target 4: 79.59 Target 5: 86.34 ------------------------------ Timeframe: 4H Capital: 1-2% of trading capital Leverage: 5-20x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
$Mubi #MubiI think this will end up being a BIG gainer once Alt season really begins. #Brc20 plays will continue to gain interest once normies arrive they will think they are SUPER SMART for clinching these types of ideas. Still no major #Cex IMO Speaking of @robinhood where you at with some NEW coins. I'm kind of surprised this came all the way back down in the 1st place with all the things that have gone parabolic recently. This kind of got treated like a pump and dump chump. However, I think it is a STRONG narrative going forward into this summer.
M
by rarebreed29
DIS ORDI's MADE FOR SCALPING : BULLISH LITTLE GREEN THING We're kidnapping a little profit from what's been the most leukemically paced reversal in some time.. It's like Bitcoin's a little more on-spectrum and has developed a love and fascination with 52k.. No leaving!! Bitty stay.. Oh Bitty.. ////////////////////////////////////////// // Pro tip! Note that when trading against the trend, it's important to wear comfortable shoes and trade smaller positions to avoid blisters.. You heard it here first.. ////////////////////////////////////////// ENTRY: $59.35 EXIT: $64.00 ** I'm looking down, thinking; "Is it really worth showing off?" Of course it is.. Where would the flair on TV come from if not from this Daddy? If it's worth doing, it's worth overdoing.. Or.. If it don't fit, force it.. Anyway.. Scalp if you want.. Hold the short down to $30.00 if you're partial to making a profit safely.. Pffft.. Pussy..
Long
by Rebelmedia
3
ORDI SHORT SIGNAL : FIRST REALLY BIG TRADE OF '24 I posted on ORDI a little while back. It was a short from ~$74.00 down to $60.00. I missed the target by $1.50 because the coin was listed too recently and I had to guess the historic lows (starting point). This post is in response to the expected BTC dump, and will likely be more aggressive and thus more profitable if successful. Keep in mind that it's predicated on condition that BTC does drop as expected. (Pfft.. Of course it will..) I've indicated 3 different TP's depending on your particular level of tolerance and greed, so have fun.
Short
by Rebelmedia
3
ORDI Midterm AnalysisAccording to the large time frames and the general review we have on ORDI, this symbol is prone to complete a large bullish wave. This means that we should see the drop of this symbol in the next few weeks or even months. We have a FLIP area on the chart, which is the best place for a new bear wave. Closing a daily candle above the flip range will violate this analysis. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
Short
by behdark