Reddcoin had a great pump history with big Gains...
1st pump 4400%
2nd pump 1500%
What will happen now? We're seeing a long term flat period. Volume is low and this coin is so easy to pump with just a little volume.
Solid project as it seems!
Scenarios:
1: (based on history) 4400% pump would bring RDD to 560 satoshi, not very likely at this moment. Maybe late...
Technical analysis:
. REDDCOIN/BITCOIN is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 35.
. The Falling Wedge taking shape and as a bullish pattern suggest we will soon see another leg higher if price break and close above downtrend.
Trading suggestion:
....
