All the indicators still point at RDD going slowly down. Unlike other coins this one has a lot of support, but not much in term or real development.
I think the support is at 129/130 and might even continue to go down over next week
Looks like a very small cup and handle is forming from the rapid price rise on news we had yesterday.
The support line is not as clear, but this is probably because of the massive volume that we saw.
The market is probably testing the price and if we break past 0.0156 we should be in the clear for a good increase.
As soon as the volume comes back up we should see ...
Very hard to plan this coin as it has no real trading history, (most of the history is either dormant or pump and dumps).
So it makes sense that it is eventually going to settle back down.
There might be one or two up on the way down, but I see it going to 130 over the next few days.
I cannot see it going back over 140