SUMMARY
ReddCoin (RDD) has broken out of the triangle patterned correction. However, is it decisive? Price has been goin sideways and so likely consolidating before the surge upwards. There are times when the price surge is almost delayed, even after the initial breakout. As the current minor consolidation ends, that surge could be seen.
That surge could come in the form of a wave 3 (blue). The price would ideally exceed $0.00735; in other words, put in a higher high. It would be best fit for a wave 3 to enable this price action. Once this price level is breached, the nature of the breakout would become more impulsive and more genuine it will become.
Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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$2 for RDD before the end of 2018
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Not bad, the question is, what is the market cap ?
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This seems like a ludicrous number.
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I remember when I bout RDD at 33 satoshi and then it went to like 10 satoshi only to explode to 193! Patience my friends. Patience
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Agreed. Reddcoin powered by a new development team are on gear to bring Redd-ID & a highly innovative and very easy to Use multi platform wallet. Will surely help with some serious price action.
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Looks very bullish indeed. I'm just having troubles defining a true breakout. I know volume plays a huge part but often times what looks like a breakout is just an extension to the correction.
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ANOTHER Bitcoin Crash Incoming!? https://steemit.com/bitcoin/@investingtips/bitcoin-crash-to-usd6k-again-haters-gonna-hate-on-me-but-won-t-stop-me
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redd coin will be sucessful
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Thank you for always sharing a very valuable information with steemitians, you are such a life saver on this platform.
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Congratulations! Reddcoin was the most profitable currency from last year’s Altcoin Obituaries
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was one of , not the most profitable, what about SPR, CAT, ...... and a couple of others.
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why bts is going down... curiously...
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Interesting.. will keep eye out thanks a lot!
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I think in the long term RDD will be taken out by a Facebook coin.
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Coins mentioned in post:
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Good information
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Great insight...
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Can someone please give it to me straight? I grabbed a bag of RDD back when it was about $.015, then I was on the verge of selling it the moment is hit the $.03 mark, but that's when I made one of my dumbest mistakes in crypto, by reading an article like this one that said RDD was destined for a >$.09 target, so I held it. Now the bag is worth basically s--t, and since I refuse to sell any crypto for a loss, ever, I'm stuck in what feels like an eternal hold of RDD. So, level with me... Will I ever get my money back on ReddCoin?? Or even make a slight profit?? Sometime this year?? Thank you to anyone who replies.
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When the market in general hits new all time highs, it is likely that any single coin you hold will also be hitting it's all time high. Last year there were 2 big altcoin runs, it wouldn't be crazy to think that could happen again.
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Here's hoping Reddcoin is out of the slump and on it's way up, I've been waiting. Thanks for the post.
Peace,Kris
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