Convergence

SATS

ORDI

Divergence

<p>The post <a href="https://coinpedia.org/price-analysis/whats-next-for-the-top-2-brc-20-tokens-as-btc-price-hit-67k/" rel="noopener noreferrer nofollow">What’s Next For The Top 2 BRC-20 Tokens As BTC Price Hit $67K?</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The cryptocurrency market has recorded a significant rise in price volatility, highlighting an increase in the price action. Furthermore, the top crypto tokens have added significant valuations to their respective portfolio, indicating a positive outlook in the coming time.</p>
<p>On the other hand, following the Bitcoin price surge, top BRC-20 tokens have recorded a similar price action by adding massive valuations to their portfolios within a short period. With the rising bullish sentiment, is the crypto market headed toward a new all-time high (ATH)?</p>
<p>Dive in as, in this article, we have covered the market sentiments, price analysis, and possible short-term price targets of Bitcoin, Ordi, and SATS crypto tokens.</p>
<h2 class="wp-block-heading" id="h-bitcoin-btc-price-action">Bitcoin (BTC) Price Action:</h2>
<p>The market leader, <a href="https://coinpedia.org/price-prediction/bitcoin-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin price</a> continues to gain momentum by adding approximately 5% to its portfolio within the past day with a trading volume of $35.40 Billion. Further, it has surged 8.92% within the past 30 days and has a Year-to-Date (YTD) return of 58.61%.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXdJ1VNAkqHWBY5njxntrurPZukbVCU5f7Ow2KxQsFGeQTlKi4NLYozOMy4kc69ZGNUgBVnKYLvW10W8bpSEtLHsV6nFhUVw92bYXq-h4NzYDwaODsX4oVGDIKs834gm3x24sk1XD9-qB2wOkNj1vPRRENW3?key=hD0dQUY91ciBT1r3PztAAw" alt="">
</figure>
<p>The technical indicator MACD displays a constant decline in its 1D time frame with its averages recording a neutral trend. However, the RSI shows a bullish action, highlighting a mixed sentiment for the market leader in the crypto space.</p>
<p>If the market holds the BTC price above its support level of $66,726, Star Crypto will prepare to test its upper high of $73,750.07 in the coming time. However, a trend reversal could pull the Bitcoin price toward its low of $60,178.50.</p>
<h2 class="wp-block-heading" id="h-ordi-ordi-price-analysis">Ordi (ORDI) Price Analysis:</h2>
<p>Amid increased price volatility in the crypto market, the <a href="https://coinpedia.org/price-prediction/ordi-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">ORDI price</a> has surged 10.82% within the past 24 hours and 4.06% over the past week. With a trading price of $38.39 and a market capitalization of $807.041 Million, it has secured the 83rd position in the global crypto list.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXcKknmsrjVwHgfB8IprZQEXMM6itkiLxacbmgyyYMhPJfyNxQNfd1VggAbUOlX8tHqnCd5tiUrpr6hzqY0YL2FBjsqoffBslgzohKSJukH4mzxReejVitgsHu4YMiQ9TS3KVGkbwu7ntmLc5fpCX_xIF0LV?key=hD0dQUY91ciBT1r3PztAAw" alt="">
</figure>
<p>The Moving Average Convergence Divergence (MACD) shows a constant decline in the green histogram. Moreover, its averages display a high possibility of a bearish convergence. However, its SMA recorded a positive crossover, suggesting uncertainty in future price action.</p>
<p>If the market pushes the ORDI price above its $39.75 level, it will prepare to test its upper resistance level of $50.75. Negatively, bearish action could pull the price toward its crucial support level of $28.25.</p>
<h2 class="wp-block-heading" id="h-sats-1000sats-price-action">SATS (1000SATS) Price Action:</h2>
<p>Following in the footsteps, the SATS price has recorded a similar price action by adding 17.40% within the past day and 20.54% over the past seven days. Moreover, with a surge of approximately 90%, the SATS crypto has secured the 95th position with a market cap of $694.025 Million.</p>
<figure class="wp-block-image"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfBJ7b-_QOcdX13dREoYBibsjyaNtcVQCVugyQKHl1UvDl-1nykg_sC7X_MAp7fU6ZekC6tqsWOCIonPGfV7ErveH2wJqhGKTVYr21uuwCJoErHCKb4OuIoyu3NpTJ7BmH-LzKDEUZzHXZguWEN6yc9PYGM?key=hD0dQUY91ciBT1r3PztAAw" alt="">
</figure>
<p>The Relative Strength Index (RSI) has displayed a sharp rise toward its overbought range, indicating increased buying-over-selling pressure in the crypto space. Furthermore, the SMA indicator has recorded a bullish crossover, suggesting a positive outlook for the altcoin in the coming time.</p>
<p>If the bulls continue to gain power, the SATS price will prepare to test its upper resistance level of $0.00000015510. However, if the bears overpowered the bulls, the SATS price would plunge toward its crucial support level of $0.0000001225.</p>

What’s Next For The Top 2 BRC-20 Tokens As BTC Price Hit $67K?

Table of Contents

CoinPedia News

Other articles published on Jul 26, 2024

Could Solana Reach $1,000? Crypto Analyst Sees Parallels to 2021 Rally

Cardano CEO Charles Hoskinson Says Next Wave Blockchain Projects Will Elevate Identity, Privacy, ...

Clinton White House Staffer And OpenAI Executive Chris Lehane Joins Coinbase Board

Rho Markets Hit by $7.5M Hack, Attackers Demand Admission of Oracle Error for Fund Return

Mumu The Bull Price Goes Ballistic With 150% Weekly Pump As The Pepe Unchained Presale Blasts Pas...

Samson Mow Teases Huge Bitcoin News As DTX Exchange Is on Its Way to Raising $2M In August

Join our free newsletter for daily crypto updates!