The cryptocurrency market has experienced a surge in the past 24 hours, with Ordinals (ORDI) outperforming the market by increasing 12.50% against the US Dollar. Despite this recent uptick, the medium-term trend for Ordinals remains bearish, with the coin losing 11.03% in the last three months. However, the long-term picture is positive, as ORDI has seen a 266.26% price increase since this time last year.

According to our Ordinals price prediction, ORDI is expected to reach $93.57 by April 4, 2024, representing a 31.53% price increase in the next five days. However, it is crucial to note that the cryptocurrency markets are highly unpredictable, and even the largest crypto assets display significant price volatility.

The current market sentiment for Ordinals is bullish, with the Fear & Greed index reading "Greed." This suggests that investors are optimistic about the cryptocurrency market, but it could also indicate that the market is overvalued. As the market continues to fluctuate, it is essential to monitor key support and resistance levels, market sentiment, and other metrics to make informed investment decisions.