ReddCoin receives a weak short-term technical ranking of 8 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. RDD has a superior recent technical analysis than 8% of coins based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.
RDD has a average market cap compared to the majority of coins with a total market value of $6,039,767.50. The market valuation for ReddCoin is relatively average due to the largest 100 cryptos having a market cap above $1 billion and RDD sits underneath that mark but remains above $100 million in market capilization. ReddCoin's average volume is average as $52,169.14 worth of the coin is typically traded over a 24 hour period. The volume for RDD is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. Over the past 24 hours RDD's volume is below its average with $7,057.14 exchanged. ReddCoin's subclass Content: Crypto projects with a focus on producing additional content for users invested into the underlying ecosystem. Content creators can use blockchain technology distribute content to a group of subscribers or investors.
ReddCoin (RDD): Does it Score Well on Short-Term Trading Metrics Tuesday?
InvestorsObserver is giving ReddCoin a 8 Short-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ReddCoin!