X FORCE CRYPTO ANALYSIS:
Reddcoin (RDD) is a social currency project that has been around since 2014.
We believe that RDD is ready for another run, based on our breakout strategy.
- Historically, RDD had two breakouts, followed by pumps that led to 4,000%, and 2,300% profits each.
- We are seeing a descending bullish wedge on the...
History repeats itself only
any altcoin is a simple math question
who has more units changes the price to very up when he wants to sell and can change to down when he wants to buy and reload
In either mode, he always has to have more than 70% of the existing coins, ie mathematical logic to win the game every time.
He himself pushes everyone into the hell and...
There seems to be false rumors going around, but some are saying that RDD may be getting ready for a potential listing on Binance in the near future.
It sparked my interest to chart RDD, and on the contrary, it seems like it's looking incredibly good for a long just by the looks on the chart. RDD has made some immense returns in the previous years, but is it...
Reddcoin is about to hit a bottom and as you know, from the bottom you have the most potential up.
Many have started selling their altcoins. If you want to do the opposite of others, RDD is a good investment.
SHORT TERM TARGET: 70-80
Update comes when we reach the...
It seems that the strong monthly support at 18 satoshis has been tested and its a strong level that has been respected. It will try to test 30 satoshis resistance level which seems to be the only possible scenario if the token will look at lower levels ever. If there is a big move towards the 50 satoshis level the possible testing resistance level will be at 38...
I see RDD bottoming between .16-.14 before it explodes to the upside.
the support difference between the previous two bottoms (before the 1000+ upside) matches to .14. However, if it reaches to .009 (which i doubt will happen) that would be a lovely time to accumulate some more before the crazy gains.
Look at the indicators and support. RDD is now drifting on its support at ~21 satoshi. It is similar to the previous time before huge pumpback in december 2017. RSI on weekly chart is perfect. MACD is going to have positive cross soon. Is this sthe time?
Stoploss: if rdd breaks supports of 19/20 satoshi, then it can go to 8 satoshis before the pump as well so...
Reddcoin is a bit like Dogecoin $DOGE, i.e., it has a strong community - it's got at least 40,000 to 60,000 people if we take Reddit/Twitter followers as a proxy. This puts RDD in the top 25 cryptocurrencies for Reddit subscribers, while by market cap it's at number 97.
Pumped twice massively in 2017/2018. With RDD-BTC approaching the floor of the big green...