Reddcoin (RDD)

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 Reddcoin (RDD)

 

I have had a lot of requests for Reddcoin (RDD) over the years, so here is an update. The momentum on the weekly chart is down with a strong resistance at 14 Satoshi. A breakout above that will send the general public into the market and not just die hard fans. Those same die hard fans should be buying the heck out of the 4 Satoshi level if the price continues to move down this price channel in oversold conditions as seen on the daily chart.

 

Support should be at 4 Satoshi. The micro trend breakout is at 9 and would send the price to the hard resistance at 14. A breakout of 14 would signal a larger bull market in which many more traders will participate leading to higher volume for the low buyers to exit into.

 

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