Red Coin (RED) refers here to RedStone, a decentralized oracle/data‑feed project used by dApps for fast, cost‑efficient price/data feeds on multiple blockchains.
RED currently trades around ~$0.19 USD, recently outperforming some broader market moves but still well below its all‑time high (~$0.93).
Price action shows range‑bound behavior with modest daily moves, indicating consolidation after prior corrections.
Technical sentiment is mixed — short‑term bounces from support contrast with resistance near higher moving averages, keeping traders cautious.
The project’s oracle utility and recent strategic acquisitions provide some fundamental backing, but medium‑term trend depends on broader market sentiment.
RED
0.1829
-0.38%