Why ReddCoin might be heading for a bull run!?

in #cryptocurrency7 years ago (edited)

Reasons for price to increase:

  1. News:
    Wallet release, RD ID release.

  2. Analysis done by this guy:

  3. Low market cap = higher jump
    USD: $47,317,163
    BTC: 18,556 BTC

  4. Lowest USD price in the whole market!
    Screenshot_23.png

Lowest price is everybody's favourite be it whales, new comers in the market, seasonal investors etc.
Also, if you look at the after crash scenario, people look at cheap coins first after the crash.

I think these factors will combine to make the price skyrocket to a certain point where some more people would notice it, That could take it further.

My price prediction in two weeks: 420 sats.

Please note that these are just my thoughts and not to be taken as a trading advice. DYOR :)

resteem-upvote-comment.png

Update:
Thanks to @devilbond for the analysis pic!

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I'm convinced. Will liquidate all assets + life savings based on this. I hope u r right

@cryptoknight12 I think we have sufficient reasons to believe it will increase in the price above previous ATH. So at least 2-2.5x increase is guaranteed. I think that makes it worth the gamble :)

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So... if you're going to take the links and pictures from my Steem post you should at least give props.

I am sorry I took all my pictures and links from google images and youtube posts. Please let me know which one of these are yours? I will accredit those in your name :)

Just saw your post and came to know about the pic. Updated the post :)

Good points in this post. Same mindset here. Buy and hold for the upcoming 2 to 5 years and the market will find it's way. We really need more insights in the market and previous investment results. I was wondering if anyone of you uses: https://www.coincheckup.com This site did all the research for you. It's truly amazing. See: https://www.coincheckup.com/coins/Reddcoin#analysis To watch Reddcoin Report.

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