Coindicator

Radian Network Token In Accumulation Area

Long
BINANCE:RDNUSD   None
RDN topped out at an impressive $9 before it's falling in an epic fashion to less than $0.30 since January 18th. However, it's seems to have found a temporary bottom and have been trading range bound between $0.19 - $0.45 over the last 6 months and has begun to make higher highs on the daily time frame on increasing volume. This is one of the clearest sign of accumulation I have seen in a while. Although, nothing is for certain especially when it comes to crypto currency never mind alt coins; I believe Raiden Network Token is a prime candidate for a breakout to the upside. In fact, if it breaks resistance I am comfortable enough to be a buyer there banking on it being a fakeout because the increase in volume within this price range is so clear.




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