Summary:
RDD coin has been consolidating for quite sometime now, and is not turned bullish since last few weeks. The recent swing up could be counted as start of wave 3 of EW and the target looks very good based on this swing coming off of 50% fib zone of previous swing. There is a potential CUP& Handle pattern formation chance once the price reached target 1 zone i.e around 120 whose targets will go beyond 200ish sats. Will keep an eye on this move and update my targets based on this swing high.
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Disclaimer:
I am not a financial advisor, nor the information posted in this article is a financial advice. The information in this article is my personal opinion and is not recommended to make any investment transactions based on it. I do not take any responsibility for the investments made based on my analysis.
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