Reddcoin Round 2, Long
Looking at the daily we see price has hit major resistance @ 115 satoshis, and has since retraced as low as 77 satoshis. Stochastic RSI showing momentum has radically shifted towards the downside. Until BTC has found support, expect altcoins to follow after some consolidation. Expecting a drop towards 60 satoshis in the next couple days. If price does not hold at this level expect RDD to fall as low as 50 satoshis.
Conclusion
Buy after support is reached @ 62 and daily confirmation of support.
Conclusion
Buy after support is reached @ 62 and daily confirmation of support.
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