ReddCoin Looking to Build Momentum

Although there has been a lot of investor buzz surrounding ReddCoin, the crypto has been struggling to break higher. The digital coin is slumping nearly 17% over the past 24 hours. Trading in the low end of the 52-week range, RDD will look to climb back to the 52-week high of $0.032, which was last reached in early January.

Zooming in on recent crypto trading information, we have seen ReddCoin (RDD) move to $0.0071 on volume of 8546278 for the day. Monitoring some key RSI levels, we note that the one-week is presently 19, the two-week relative strength is 70 and the four-week relative strength of the cryptocurrency is 84. Taking a deeper look at some other time frames, we note that the thirteen-week RSI is 77, the twenty-six week relative strength is 486, and the fifty-two week RSI is 98. All RSI values land on a scale from 0 to 100.

The RSI, or Relative Strength Index is a popular oscillating indicator among traders and investors. The RSI operates in a range-bound area with values between 0 and 100. When the RSI line moves up, the crypto may be experiencing strength. The opposite is the case when the RSI line is heading lower. Different time periods may be used when using the RSI indicator. The RSI may be more volatile using a shorter period of time. Many traders keep an eye on the 30 and 70 marks on the RSI scale. A move above 70 is widely considered to show the stock as overbought, and a move below 30 would indicate that the crypto may be oversold. Traders may use these levels to help identify stock price reversals.

ReddCoin Profile

Reddcoin (Symbol: RDD) is the social cryptocurrency that enriches people’s social lives and makes digital currency accessible to the public. Reddcoin accomplishes this by integrating cryptocurrency platform with major social networks to create the process of sending and receiving money convenient for everyone. Its Proof of Stake Velocity (PoSV) is an advanced algorithm that promotes both ownership (Stake) and activity (Velocity). PoSV addresses issues in traditional PoW & PoS algorithms and eliminates wasteful expenditure of electricity for mining. Reddcoin distributed Tip Platform enables people to seamlessly receive & send digital currency on Social Networks to anyone around the globe and to promote content creators through micro-donations. Reddcoin Redd-ID is a unique service available at the blockchain level which enables a user to connect a username with rich data including public keys and social network identities. Reddcoin ReddWallet is a State-of-the-art wallet that provides various social features to increase engagement among users which improves the security of the distributed network.

Recent Tweets From @reddcoin

TUE APR 24

Reddcoin

  Battle Royale and win ? Yes, please! Visit http://CryptoPlay.it for details or to jump into a  right now. Another great product of the amazing  .

CryptoPlay Intro on Youtube: https://youtu.be/iFULsu5X8iA 

Reddit: http://ow.ly/1mov50harVi 

TUE APR 24

Reddcoin

  Battle Royale and win ? Yes, please! Visit http://CryptoPlay.it for details or to jump into a  right now. Another great product of the amazing  .

CryptoPlay Intro on Youtube: https://youtu.be/iFULsu5X8iA 

Reddit: http://ow.ly/1mov50harVi 

MON APR 23

Reddcoin
, according to our friends at @lwf_ico‘s latest newsletter (avail at https://lwf.io ), some impressive news for them as well as ! After launch, use  to tip for @DHLexpress  services on ‘s platform! !https://www.reddit.com/r/reddCoin/comments/8e0jul/lwf_just_established_partnership_with_dhl_and_rdd/ 
MON APR 23

Reddcoin
: Supporting Independent Content Creators Since the Dawn of , the fast,  ! If you don’t know about , you should!  and other  welcome, join us on Telegram (http://t.me/ReddcoinOfficial )! !

@reddcoin Retweeted

FRI APR 13

Reddcoin – PasCarbs
http://Reddcoin-Alliance.com  is a platform that brings Reddcoin, its community and businesses together to encourage global integration. The website contains showcases, information about partnerships such as integrating Reddcoin in a webshop.    

@reddcoin Retweeted

MON APR 23

RDD Master
@reddcoin @ReddcoinP This one has got my vote!
SUN APR 22

Reddcoin
One of the best things about  is certainly our  ! It has been suggested that we could  fees to be listed on exchanges. Well, we have a first candidate with a reachable goal. Only 0.5 ! We can do it! !https://www.reddit.com/r/reddCoin/comments/8e6ld4/reddcoin_first_community_crowdfund_for_iquant/