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.