Orbital7 (ORBI)
1. Fundamental Analysis
1.1 Introduce
Orbital7 represents a comprehensive suite of development tools specifically designed for Bitcoin Centric Networks. Orbital7 aims to streamline and simplify the process of creating, managing, and utilizing digital assets on Bitcoin Centric Networks, including Runes, BRC20 and the Bitcoin network.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | ORBI | Market Cap | 335000 |
| Name | Orbital7 | White Paper | -- |
| Web Site | https://orbital7.io/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://bscscan.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 2000000000 | |
| Supply | 2000000000 | Release Date | 2024-06-19 |
| Available Supply | 1000000000 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.000335 | 0.000335 | 0.000335 | 0.000335 | 0.999975 |
| 2024-12-31 | 0.000334 | 0.000374 | 0.000319 | 0.000339 | 2969.65509 |
| 2024-12-30 | 0.00034 | 0.000354 | 0.000327 | 0.000327 | 3753.8330934 |
| 2024-12-29 | 0.000309 | 0.000351 | 0.000308 | 0.000346 | 3477.414111 |
| 2024-12-28 | 0.000293 | 0.000329 | 0.000284 | 0.000309 | 7555.3492877 |
| 2024-12-27 | 0.000275 | 0.00031 | 0.000266 | 0.000298 | 6019.3746371 |
| 2024-12-26 | 0.000276 | 0.000295 | 0.000265 | 0.000276 | 7504.5009459 |
| 2024-12-25 | 0.000288 | 0.000311 | 0.000256 | 0.000279 | 5173.0390698 |
| 2024-12-24 | 0.000287 | 0.000323 | 0.000271 | 0.000282 | 8642.8311636 |
| 2024-12-23 | 0.000291 | 0.000358 | 0.000265 | 0.000288 | 8850.1488363 |
| 2024-12-22 | 0.000257 | 0.00034 | 0.00025 | 0.00029 | 4776.3058067 |
| 2024-12-21 | 0.000274 | 0.000358 | 0.000254 | 0.000257 | 15216.981488 |
| 2024-12-20 | 0.000301 | 0.000376 | 0.000279 | 0.00028 | 8705.5433016 |
| 2024-12-19 | 0.000339 | 0.000368 | 0.000298 | 0.000301 | 6185.7773863 |
| 2024-12-18 | 0.000366 | 0.000366 | 0.00034 | 0.00034 | 4584.6773277 |
| 2024-12-17 | 0.000381 | 0.000497 | 0.000366 | 0.000366 | 14334.4133633 |
| 2024-12-16 | 0.000365 | 0.000452 | 0.000365 | 0.000385 | 12182.0464432 |
| 2024-12-15 | 0.000421 | 0.000421 | 0.000363 | 0.000365 | 4140.326739 |
| 2024-12-14 | 0.000436 | 0.000465 | 0.000415 | 0.000431 | 4696.6048437 |
| 2024-12-13 | 0.000422 | 0.00046 | 0.000414 | 0.000428 | 7821.703479 |
| 2024-12-12 | 0.000449 | 0.000478 | 0.000422 | 0.000422 | 6398.8195631 |
| 2024-12-11 | 0.000419 | 0.000495 | 0.000413 | 0.000459 | 16070.5402217 |
| 2024-12-10 | 0.000413 | 0.000481 | 0.000401 | 0.000423 | 20384.6202835 |
| 2024-12-09 | 0.000399 | 0.000519 | 0.000398 | 0.000419 | 17431.7973489 |
| 2024-12-08 | 0.00047 | 0.00047 | 0.000396 | 0.000396 | 4882.0952916 |
| 2024-12-07 | 0.000475 | 0.00048 | 0.000462 | 0.000472 | 2824.5708835 |
| 2024-12-06 | 0.000486 | 0.000488 | 0.000441 | 0.000448 | 4667.2912357 |
| 2024-12-05 | 0.000518 | 0.000518 | 0.000489 | 0.000489 | 1377.9754785 |
| 2024-12-04 | 0.000472 | 0.000536 | 0.000467 | 0.000518 | 9610.3106181 |
| 2024-12-03 | 0.000416 | 0.00048 | 0.000416 | 0.000477 | 9447.681642 |
2.2 Analysis
The provided data shows a period of consolidation followed by a notable increase in price, culminating in a peak around December 17th, 2024. Subsequent price action indicates a period of correction and potential retest of support levels. While short-term volatility is expected, the overall trend suggests a potential for further upward movement, contingent upon sustained buying pressure and overcoming existing resistance levels. However, the recent price decline warrants cautious optimism and monitoring of key support and resistance areas for confirmation of future direction. A decisive break above the recent highs would strongly signal continued bullish momentum, while a sustained fall below key support levels would suggest a bearish reversal.
