The price of ORDI experienced a remarkable surge, coming close to establishing a new all-time high on November 15.
Although a slight dip followed, the price managed to find support around the $20 mark, prompting speculation about the possibility of reaching new peaks.
The ORDI price exhibited an impressive parabolic rise from the start of November, witnessing a staggering 365% increase in just 10 days. This surge culminated in a peak of $22.82 on November 15.
This surge led to a significant breakout above the $20 horizontal resistance area, which is considered the final barrier, before retesting the all-time high at $29.60.
The pivotal question now revolves around whether ORDI can surpass its previous all-time high. With the recent momentum and positive indicators, investors and enthusiasts are eagerly watching to see if the price can continue its upward trajectory.
Emma Davis is a highly skilled and experienced crypto writer with a passion for all things blockchain and cryptocurrency. With years of experience writing about the latest trends, news, and innovations in the crypto world, Emma has established herself as one of the best crypto journalists.
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