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The Ordi price plunged almost 27% over the last 24 hours to trade at $44,91 as of 6:22 p.m. EST.
That made it the top loser among the top 100 cryptos by market capitalization, according to Cryptobubbles.net.
Ordi Price Prediction: How Are Things Looking For ORDI?
Analyzing 24-hour charts, we notice a support zone around the $45 to $50 price level. The Ordi price has now respected this zone, indicating potential buying opportunities after its downtrend, evidenced by the latest series of red candlestick patterns.
Looking at other indicators, the Relative Strength Index (RSI) is at approximately 47.35, which is considered neutral. This indicates neither overbought nor oversold conditions but now seems to be headed north, indicating some building buying pressure on the token.
On the other hand, the Money Flow Index (MFI) is around 49.78, which is just below the 50 level. The MFI being near the middle suggests a balance between buying and selling pressure.
Ordi Price Could Plunge
With the current price moving within the support zone, if bulls fail to hold this level, we could see a plunge down to the previous support level. Conversely, should bulls break upwards out of the zone, Ordi could retest its previous highs before any fall back to the support level.
1-day ORDI/USDT Chart | Source: TradingView
Meanwhile, as the Ordi price works out its next move, many investors are mulling whether to buy 5thScape (5SCAPE), which recently rocketed past $5.3 million in presale.
Putting Technology And Tokenization Into One
5thScape is the first crypto project of its kind, a mixed-reality VR/AR platform that’s breaking new ground by combining crypto technology with VR/AR.
At the center of the 5thScape platform is the project’s crypto token, 5SCAPE, which offers users access to a range of utility-reach features.
🚀 5th Scape Presale Stage 5 is Now Live! 🚀
🔥 Dive into the virtual frontier with 5SCAPE – the gateway to limitless experiences. 🌐
🎮 Hyper-Realistic VR Gaming
🌟 Unlock Premium Content#Cryptocurency#5thScape pic.twitter.com/EFIJ4MgIs4— 5th Scape (@5th_scape) April 12, 2024
5SCAPE will also act as a universal currency that can unlock a range of products and services. Users can use the token to purchase in-game assets as well as buy access to premium content.
Meanwhile, developers are able to earn 5SCAPE tokens by building games for the platform and by taking part in the 5thScape Developer center.
There will also be the opportunity to earn rewards via the project’s dynamic staking pool that will be funded by player subscriptions and paid participation in virtual experiences.
Crypto analyst and YouTuber Drakes Domain says 5thScape might be the next Gala.
5SCAPE will list at the price of $0.01 per token, which means that buying now at only $0.00327 locks in gains of almost 206% by the time of launch. There’s also an almost 15% price coming in less than three days.
Investors can use ETH, MATIC, BNB, USDT, or a bank card to buy 5SCAPE on the official website here.
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