What do the Long-Term Technicals Predict for ReddCoin (RDD) Monday?

ReddCoin receives an average long-term technical score of 35 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the coin's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, RDD holds a superior long-term technical analysis score than 35% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover coins that have bottomed out.

InvestorsObserver is giving ReddCoin a 35 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on ReddCoin!

See Full Report

Trading Analysis

The current trading price of $0.000341059 for RDD is -$0.0000510 (-13.01%) below the coins 100-day moving average of $0.000392051. RDD meanwhile is $0.0001578 (-6003731.48%) above its 52-week low of $0.000183214 and -$0.00355303 (-256790.65%) under its 52-week high price of $0.003894090. ReddCoin's current price relative to the coins long-term average and 52-week high and low, gives the crypto an average long-term technical score of 35. The price movement and range of RDD suggest that investors are bearish on the coin at this time. ReddCoin has a total market value of $10,367,273.24 with an average average daily volume of $52,061.43 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, RDD's volume is below its average with $7,581.44 exchanged in total. This coin'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.

Summary

RDD's historical trading over the past year gives it a an average long-term technical score of 35 as its price movement in that time has given investors reason to be bearish on the coin in the long-term. Click Here to get the full Report on ReddCoin (RDD).