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Reddcoin

Reddcoin | Cheap Coin CrazeNotice how much cheap coins have been pumping? Doge from 20 sats to over 100 sats, XVG from 50 sats to 1000 sats, so on and so forth. Do I need to mention Ripple? It appears our newcomers into crypto enjoy picking up these low cost coins (despite market cap being huge). That means it has become worth it to accumulate these types of coins. Reddcoin is only at 170 satoshis at the moment. The use case seems promising as they aim to be the payment network of social media platforms. Considering how popular social media is, and how popular low satoshi coins are, we could have ourselves a long term winner here. Market cap is a little high for me at $750 million, but since DOGE is at $1.7 billion market cap, I suppose anything is possible in crypto nowadays. ---------------------------------------------------------------------------------------------------------------------------------------------------------- Trade Details This is could be anywhere from a short-long hold. There are no events for RDD that I know of, so we are hoping new money continues to poor into low sat coins. Chart for this coin is decent. Near the bottom of a very bullish channel, but such a steep channel could break down if the volume is not there. Entries: 170, orders at 161, 151 Targets: 195 (major resistance), 235, 299 Stop Loss: 144 ------------------------------------------------------------------------------------------------------------------------------------------------------------------ As always, please feel free to ask me any questions you have in regards to my idea. Always willing to have discussions with new and experienced people alike!
Long
by ecoinamist
2
RDD (Redd Coin) +60% target $0.043 in 24 hoursMarkets have been weird the last couple days. I've made a bundle and lost even more by holding too long, then moving to something I expected would bounce and it fell (QTUM for example). RDD appears to have some great growth going for the past weeks and the last 3 rallies look decent. However, I've taken into consideration that the previous rallies show at 15% reduction in the gain of each rally, diminishing returns. I think it will still move positive another 60% from where we are, but it will first fall to around $0.023 cents before it bounces for the rally. So if you buy low at $0.023 or $0.025ish, then you'll see the full +91% growth once we reach the target. If you HODL from this position, I expect you'll see closer to +60%. Bitcoin seems to be pushing higher and I feel that the market is building since all of the alt coins have been down for the last few days. We had a few good rallies, but I think the pressure is building, more cash is coming into the market now that the holidays are over and given sufficient time, all of the coins will start to see aggressive growth again. Could take a week, could take a month, but I feel the pressure is building and we must just "wait for it".
RLong
by Tin.Foil
13
RDD (Reddcoin) Continued breakout is Imminent Alright guys, what a two week stretch we just experienced as the media and the world cried out for the collapse of the cryptocurrency world, only to be silenced by the magical first 4 days of 2018 and the altcoin emergence. I am getting new to this space here on Tradingview, as I have done much of my charting on other platforms - primarily stock trading platforms- and therefore, some of my charting may be off, such as lines not showing up as they do before I go to publish and not knowing where some tools can be accessed, etc. .. Please keep this in mind. Also, I do not see this as an outlet to market myself or market my ideas - though this is subject to change in the future - I only want to put this information out there, so people can take advantage of the same opportunities I have had and seen developing. One more side note: Verge, which I was heavily advocating two weeks ago is no longer part of my holdings and I was fortunate to have spotted TRX in a breakout pattern at 0.03(USD) when I decided I had enough of Verge. Long term they,XVG, may still get there and I would not be surprised, but the momentum they had was completely derailed because of the media storm they experienced. Reddcoin has had tremendous growth already; just as XLM, ADA and TRX had before they went on the current tear they are on. The latter three each experienced the same pattern RDD is following now. This is a breakout followed by the consolidation into a pennant formation and then, subsequently, another breakout (which you can see is already in the works here). The good news is this is only the very beginning stages of RDD. As you can see the % increase from the first breakout before consolidation was a whopping 1k% increase. If we mimic the same % increase we could see prices shooting to 0.10 (USD) plus. As part of the disclaimer or whatever the hell they do I would like to tell you, I purchased RDD one night ago. glgl, gg (it has been a good one so far :)
RLong
by futurocampeon
2
A Good Year for RDDMy first idea. Please give feedback. BITTREX:RDDBTC is setting itself up to be a good year. Definitely has a use though one of the highest total supplies. Checkout out other coins of that total, BINANCE:TRXBTC has exploded as one example. This coin seems to have a great following on twitter, which is a good indicator of sentiment. My target is 130 first. So far it's sticking to the channel, which is pretty exciting. Stop loss is at maybe 80, but if you haven't got millions of this coin, it's so low, I'd go even lower maybe.
Long
by kryptokrill
7