Long
RDD (Redd Coin) +60% target $0.043 in 24 hours
Markets 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".
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".
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