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The ORDI price surged 10% in the last 24 hours to trade at $75.51 as of 03:11 a.m. EST on trading volume that pumped 64% to $477 million.
This comes as analysts believe that Bitcoin ecosystem tokens, including RUNE, STX, and ORDI itself, may see gains after the BTC halving event.
Crypto traders often seek a ‘reason to buy’ as the money narrative shifts in the current bullish environment, and they may turn their focus on the Bitcoin ecosystem in the coming weeks.
ORDI Price Set Reclaim Its Previous ATH
The ORDI price soared in March, which saw it record an all-time high (ATH) of $95.52, acting as the immediate hurdle that ORDI aims to overcome to soar even higher. However, the price has since been on a downtrend, recording a double bottom at $55.17.
Retesting the resistance around $76.64 and dropping back at $71.4 formed the handle, completing the cup and handle pattern.
The ORDI price also trades above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish rally to the upside.
The Relative Strength Index (RSI) at 62 also signals intense buying pressure. Suppose the bulls sustain the momentum. The RSI could soar to the 70-overbought region, indicating increased interest from investors, possibly pushing the price to new highs.
ORDI Price Prediction
The ORDI price analysis indicates that the ORDI bulls are preparing to push the price over the cup and handle pattern to target $96.42. With the RSI soaring towards the overbought region and a golden cross at $63.91, the bulls could still push the price even higher.
However, if the bears take charge of the price at this level, ORDI could return to the support level of around $65.39.
Meanwhile, as the ORDI price prepares for a surge, investors are busy buying $99BTC as they aim to capitalize on the upcoming halving event.
Learn-To-Earn With 99Bitcoins, Next BRC-20 Project To Explode?
99Bitcoins (90BTC) has launched what could be the best crypto presale in 2024 and has garnered significant attention as it aims to integrate the BRC-20 token standard on the Bitcoin blockchain.
The project is an established authority in crypto education and seeks to incentivize users to learn about cryptocurrencies and blockchain technology through its learn-to-earn model.
What is Spatial Computing? Discover how #Blockchain is transforming AR/VR, making immersive digital worlds more interactive and secure.
Dive deeper: https://t.co/2hlZYRFHBv#99BTC #SpatialComputing #Web3
— 99Bitcoins (@99BitcoinsHQ) April 8, 2024
Within the platform, users can access a wealth of information and insights about the crypto and blockchain space, helping them make more informed decisions and better understand the technology.
Investors are moving in great numbers to the presale, which has garnered over $120K in just a few hours after going live.
The launch of the 99Bitcoins token is strategically timed ahead of the Bitcoin halving to capitalize on the hype around the quadrennial event. That positions the token for a strong post-launch performance, with crypto markets broadly typically rallying after a halving.
The project also includes a vibrant community and strong social media presence, with a dedicated YouTube channel boasting over 700,000 subscribers.
With the #BitcoinHalving event just 9 days away, speculation is mounting: Is $BTC's price set to skyrocket post-halving? 👀
Dive into our analysis on the potential price impact of this pivotal supply shock.
Read more: https://t.co/zTA3n26nDl#99Bitcoins #Halving #BullMarket
— 99Bitcoins (@99BitcoinsHQ) April 11, 2024
Stake 99BTC And Earn 47,641% Annual Rewards, $99,999 Bitcoin Airdrop Alert
You can earn passive rewards through the platform’s staking option, where you can earn an impressive 47,641% annual percentage yield (APY) by staking $99BTC tokens.
The project has also announced a massive $99,999 Bitcoin giveaway. By acquiring $99BTC tokens, you stand a chance to be among the fortunate 99 investors to receive this substantial airdrop.
Three lucky participants will be rewarded with $9,999 worth of Bitcoin for either following, retweeting, or signing up on the website.
According to analysis by the 99Bitcoins YouTube channel, $99BTC has the potential to soar 10X after launch.
You can buy $99BTC now for $0.001 per token, but there will be a price increase in less than five days.
To participate in the presale, you can buy $99BTC from the official website here. You can use ETH, USDT, or a bank card to make a purchase.
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