Ordi (ORDI), Bitcoin SV (BSV), and 1000SATS (SATS) Price Analysis and Prediction: What\'s Next for These BRC-20 Tokens in July?

With the Bitcoin (BTC) price failing to hold its value above the $55000 mark, the cryptocurrency market has recorded a correction of approximately 8% in valuation within the past 24 hours.

The cryptocurrency market has recorded a correction of approximately 8% in valuation within the past 24 hours, as the Bitcoin (BTC) price failed to hold its value above the $55,000 mark. Top tokens have also recorded a loss in valuation, plunging below their respective crucial support levels.

Following suit, the BRC-20 tokens have recorded a similar trend by erasing significant valuation from their respective portfolios. Top BRC-20 tokens such as ORDI and SATS have each recorded a loss of 17.38% and 26.71% over the past day.

If you're interested in learning more about the market sentiments and price analysis of Ordi (ORDI), Bitcoin SV (BSV), and 1000SATS (SATS), as well as their potential targets for July, continue reading below to find out.

Ordi (ORDI) Price Analysis For July

With the ongoing crypto market correction, the Ordi price has corrected by over 17% in valuation. The 24-hour trading volume has hit $278.177 Million, showcasing a change of +92.42%. Moreover, the altcoin has plunged 64.60% this year, highlighting a long-term bearish sentiment.

The technical indicator, MACD, displays a rising red histogram, indicating an increase in the selling-over-buying pressure in the crypto space. Furthermore, the averages show increased bearish sentiment, suggesting the price will continue this week.

If the market holds the ORDI coin price above its crucial support level of $28.25, the bulls will regain momentum and prepare to test its upper resistance level of $50.75 in the coming time. Conversely, if the bears continue to dominate, the ORDI price will test its low of $17.80.

SATS (1000SATS) Price Analysis For July

Following in the footsteps of the category leader, the second-largest BRC-20 token by market cap, the SATS price has plunged over 27% within the past day and 62.82% over the past month. Further, the 1000SATS price has erased 84.76% this year, indicating a strong bearish sentiment.

The MACD has recorded a constant flatline in its histogram, highlighting a weak price action for the altcoin in the market. Furthermore, the averages display a neutral trend, suggesting uncertainty in future price action.

Moreover, the SMA indicator constantly acts as a resistance to the SATS price chart in the 1D time frame, suggesting a bearish sentiment for the altcoin in the cryptocurrency space.

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