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Neutral-Rated ReddCoin (RDD) Rises Monday to $0.0004257411864

Monday, August 22, 2022 10:52 AM | InvestorsObserver Analysts
Neutral-Rated ReddCoin (RDD) Rises Monday to $0.0004257411864

ReddCoin (RDD) gets a neutral rating from InvestorsObserver Monday. The coin is up 98.82% to $0.0004257411864 while the broader crypto market is down 1.23%.

Sentiment Score - ,
ReddCoin has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on ReddCoin!

Neutral

Over the last five days, ReddCoin has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of ReddCoin over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

ReddCoin is currently trading near its five-day high of $0.000490712933242321. The coin is 13.24% off its five-day high and is 103.37% higher than its five-day low of $0.00020934765052516.

ReddCoin price is currently above resistance. With support set around $0.000177096816135094 and resistance at $0.000285109192721069, ReddCoin is potentially in a volatile position if the rally burns out.

ReddCoin has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on ReddCoin

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