The RSI indicator shows ORDI current value of 46.86, which is close to the neutral zone, indicating that the market is neither overbuying nor overselling;
Bollinger Bands noted that the current price is below the middle band ($54.75) but above the lower band ($50.87), which may indicate upside;
Pivot points analysis shows that the current price is just below the first support level ($52.58) and may find support here;
The ADX value of the DMI indicator is 25.1, indicating that the market trend strength is moderate, but the PDI is below the MDI, suggesting downward pressure.
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ORDI Technical Analysis I
The RSI indicator shows ORDI current value of 46.86, which is close to the neutral zone, indicating that the market is neither overbuying nor overselling;
Bollinger Bands noted that the current price is below the middle band ($54.75) but above the lower band ($50.87), which may indicate upside;
Pivot points analysis shows that the current price is just below the first support level ($52.58) and may find support here;
The ADX value of the DMI indicator is 25.1, indicating that the market trend strength is moderate, but the PDI is below the MDI, suggesting downward pressure.