Will This Trend Of ORDI Continue To $100?

Ordinals has a market cap of $1.18 Billion and is ranked 17th in the CMC. The volume of the ORDI trading has observed a surge of 150% in the intraday session with a VM ratio of 0.2. ORDI token price is currently trading near the value of $56 with a gain of 17% in the intraday session.
ORDI is currently forming strong bullish candles on the daily chart. It is trading above the 50 and 100 EMA which can act as a support for the price. The upside trend of the token price can see a halt near the value of $70. Meanwhile, the support of the asset price can be seen near $50.
The current correlation between the ORDI and BTC has seen a slight gain and has reached near 0.57.
The RSI of ORDI is near 69 with a strong positive slope in it. The overall sentiment of the RSI is bullish in nature.

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