Top cryptocurrencies to watch this week: BTC, SHIB, ORDI

Shiba Inu’a winning streak

Shiba Inu concluded last previous week with a bullish performance, which continued into this week, resulting in a four-day winning streak at the outset. Despite benefiting from Bitcoin’s upward momentum on March 25, SHIB only saw a modest 2.24% increase by day’s end.

This increase was adequate to sustain its three-day winning streak, which began on March 23.

Shiba Inu continued its upward trajectory into Tuesday, March 26, defying market trends with an intraday gain of 6.76%. With this rally, SHIB closed above $0.00003 for the first time in 12 days.

Despite a mild correction the following day, the meme-inspired token maintained its position above $0.00003. Shiba Inu utilized this price threshold as a launching pad for its subsequent price surge, reaching a peak of $0.00003285 on March 28, before moderating to end the day with a gain of 6.10%.

In the ensuing days, Shiba Inu encountered a significant correction. However, it managed to uphold the $0.000030 level, looking to push toward $0.000031.

The asset currently stands at an 8.5% increase for the week, with its current price resting at $0.00003048.

ORDI among top 24-hour gainers

Inspired by Casey Rodarmor’s Ordinals Protocol, the ORDI token emerged as one of the standout performers last week.

The asset experienced a significant underperformance initially, with a 4% decline from its opening price to a low of $60.9 on March 28.  This retest of the $60 level resulted in sufficient strength for a rebound.

The rebound propelled Bitcoin-centric cryptocurrency ORDI to achieve a substantial 8.78% gain on Saturday, March 30, marking its most significant intraday increase in the past ten days.

This performance led to the recapture of the $70 price level. Although the asset closed below $70 on March 30, it resumed its upward trajectory as of this morning.

With a notable 10.60% surge in the last 24 hours, ORDI has emerged as one of the top performers in the market, securing the fourth position among the largest gainers in the top 100. Additionally, the cryptocurrency has achieved a 10.25% increase for the week.