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Home News Video: Reddcoin Defies Market, Green Lights All The Way

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Video: Reddcoin Defies Market, Green Lights All The Way

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Reddcoin investors are celebrating a very happy birthday week- the RDD token rose by double digits yesterday, nicely rounding out half a decade since Reddcoin was introduced.

Although there has been a minor correction this morning, the social currency is still significantly ahead for the past 24 hours.

Kiana takes a look at some of the reasons people are excited for this low-cap cryptocurrency, including a user-friendly functionality that makes tipping another user as easy as clicking the “like” button.

SIMETRI Research

That might not be enough for this social media token to go viral- with plenty of competition from the likes of Dogecoin, Lite.IM and XRPTipbot, RDD’s already got its work cut out.

Next, Kiana takes another look at the technicals to see where RDD might be headed next. Although the token has already started to reverse yesterday’s gains, the token is angling upwards, with some indicators suggesting future gains. That doesn’t necessarily make Reddcoin a good investment, but it’s enough to keep the candles burning, at least for true believers.


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DISCLOSURE

Authors at Crypto Briefing are invested in cryptocurrencies. The author of this post may be invested in digital assets mentioned here.

Kiana Danial
Kiana Danialhttps://www.investdiva.com/
Kiana is an experienced crypto and forex trader who is currently writing 'Cryptocurrency Investing For Dummies'. She is also the CEO of Invest Diva, and "Invest Diva's Guide to Making Money in Forex" was picked by McGraw-Hill and became an immediate international success.

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