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The post <a href="https://coinpedia.org/price-analysis/ordi-price-eyes-100-upside-with-bitcoin-halving-this-april/">ORDI Price Eyes 100% Upside With Bitcoin Halving This April!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
With the <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/">Bitcoin price</a> at $70,000, as it concludes the pullback phase, the altcoins are back in the top gainers. Amongst the altcoins, the ORDI price trend shows a promising setup for a bullish comeback in the near future.&nbsp; 
Further, with multiple bullish catalysts acting in the ORDI trend and the overall market, the sideline traders anticipate a strong rally. Finally, with Bitcoin prepping for $75K as the <a href="https://coinpedia.org/beginners-guide/what-is-bitcoin-halving/">Bitcoin Halving</a> comes this April, the <a href="https://coinpedia.org/price-prediction/helium-price-prediction/">ORDI price prediction</a> projects a scoring above $100. 
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<a href="https://www.tradingview.com/x/vhuHXRyj/">Tradingview</a> 
With a diagonal consolidation wave, the ORDI price trend leads to the formation of an ascending support trendline in the daily chart. Further, the altcoin shows a constant struggle to bounce back from the baseline.&nbsp; 
On the upper side, the sellers are dominating the $85 mark as it has led to multiple rejections in the last few months. Thus, the altcoin is trapped in a long-range consolidation wave. Currently, the <a href="https://markets.coinpedia.org/ordinals/">ORDI price trades at $66.3 </a>with an intraday move of 4.13% to form a bullish engulfing candle. 
With the intraday move, the altcoin undermines the 5% drop this Wednesday and teases a stronger comeback next month.&nbsp; 
Also Check Out: <a href="https://coinpedia.org/price-analysis/this-popular-altcoin-is-poised-for-a-1000-jump-to-hit-100-in-2024/">This Popular Altcoin is Poised for a 1000% Jump to Hit $100 in 2024</a> 
Technical indicators:&nbsp; 
RSI Indicator: The daily RSI line follows the bullish revival in ORDI and surpasses the halfway line.&nbsp; 
Bollinger Bands: The bullish revival leads to a new higher-low formation and avoids a drop to the lower band. However, the Bollinger bands maintain a downtrend with minimal sideways to an uptick in the lower band, teasing a reversal.&nbsp; 
<h2 class="wp-block-heading" id="h-will-ordi-price-top-100">Will ORDI Price Top $100?</h2> 
With the recent reversal, the ORDI price challenges the 78.60% Fibonacci level and prepares another test at $85. Considering the immense supply at $85 and the magnitude of coiled-up momentum during consolidation, a spectacular breakout rally is possible.&nbsp; 
Therefore, a bullish breakout of the $85 mark could easily surpass the psychological mark of $100. Optimistically, the uptrend could hit the $132 mark at the 1.618 Fibonacci level. 
Read More: <a href="https://coinpedia.org/price-analysis/attention-traders-bitcoin-shorts-are-getting-accumulated-at-these-levels-is-another-rejection-on-the-horizon/">Attention Traders: Bitcoin Shorts Are Getting Accumulated at These Levels: Is Another Rejection on the Horizon?&nbsp;</a>

ORDI Price Eyes 100% Upside With Bitcoin Halving This April!

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