The post ORDI, The Graph and Cronos (CRO) appeared on BitcoinEthereumNews.com.

What are the latest crypto news and price trends of the week for ORDI, The Graph (GRT) and Cronos (CRO) coins? Let’s see below all the details and some insights on them.   ORDI: record growth and positive outlook in an expanding NFT market Recently, the price of crypto ORDI has risen significantly, especially in the last week, reaching its highest level since May this year.  Specifically, the coin peaked at $28.37, marking an impressive 845% increase from its lowest point of the year. Its total market capitalization exceeded $524 million, solidifying it as one of the most dynamic tokens in the world. Furthermore, we can see that ORDI’s meteoric growth has been driven by the growing demand for Bitcoin Ordinals.  In fact, the total volume of these NFTs, according to CryptoSlam, has exceeded $20 million in the last 24 hours, even surpassing Ethereum’s volume by more than $11 million.  This marks a remarkable change from a few months ago, when Ethereum‘s NFTs were considered difficult to surpass. Further data indicate that total open interest in futures related to the ORDI token has reached a record high, touching $124 million in the past 24 hours. We also emphasize that most of this interest has been generated by the OKX, Binance, and Bybit platforms. In addition, chart analysis shows that the price of the ORDI token has recently broken through the 50-day and 25-day moving averages. At the same time, the relative strength index (RSI) has reached overbought levels, approaching significant resistance at $29.50, the highest point in May. Finally, we see that the short-term outlook for ORDI is favorable, with a focus on the key $30 level. This rally looks set to persist until other cryptocurrencies follow the trend. The Graph (GRT): new vision and challenges in the Web3 ecosystem In…

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Filed under: News - @ November 18, 2023 10:18 am