Image of RED
REDRedStone
$0.1321
3.67%
1D

RedStone Analysis

Investment Score
A quick view into RedStone's investment prospects.
7.1

The asset looks technically constructive, but the current entry quality is not perfect.

What is helping
  • MACD is confirming the current directional bias.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Price is too close to resistance relative to nearby support.
  • Trend Exhaustion Risk: Price is more than 5% extended above EMA50, increasing the risk of a pullback or mean-reversion dip.
Market State Summary
Current regime
Bull Quiet
Confidence: 75%
Why this state?
  • RED is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Quiet regime, the best-fit approach is Trend following / buy dips. Trend conditions are constructive and volatility is contained, which usually favors following the move higher and looking for pullbacks instead of fading strength.

Trend
Bullish
RED is trading above key moving averages and the medium-term trend is still rising.
Momentum
Neutral
RSI is 63.42, which is neither overbought nor oversold.
Volatility
Quiet
RED ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.1327 - $0.1455
Active zone
$0.1155 - $0.1311
Support zone
$0.09707 - $0.1053
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Low
Support & Resistance

RedStone support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.09707 - $0.1053
Resistance zone
$0.1327 - $0.1455
Active zone
$0.1155 - $0.1311
Levels Table
LevelZoneStrength
Support 1$0.09707 - $0.1053
Support 2$0.08071 - $0.09298
Resistance 1$0.1327 - $0.1455
Resistance 2$0.1526 - $0.1604
Resistance 3$0.1631 - $0.1708
Resistance 4$0.3983 - $0.4060
Active 1$0.1155 - $0.1311
Scenario Analysis
Bullish scenario

RED clears the resistance zone at $0.1327 - $0.1455 and holds above it. That would strengthen the breakout case and shift attention to $0.1526 - $0.1604.

Bearish scenario

RED loses the support zone at $0.09707 - $0.1053. That would weaken the setup and open the way toward $0.08071 - $0.09298.

Neutral scenario

RED continues trading between $0.1053 and $0.1327. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.1029
Bullish
RED is trading above the 50-day average.
SMA200
$0.1175
Bullish
RED remains above the long-term trend line.
EMA50
$0.1101
Bullish
RED is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.1356
Bearish
RED is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
63.42
Neutral
RSI (14) is at 63.42, which keeps momentum in a balanced range.
Stoch RSI (14)
53.98
Neutral
Stoch RSI (14) is at 53.98, which suggests momentum is active but not yet extreme.
MACD
0.007493
Bullish
MACD is above its signal line.
ATR
5.87%
Quiet
Volatility is below its 180-day median.
VWMA
$0.1174
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
92.09
Neutral
CCI (20) is at 92.09, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.01783
Bullish
Awesome Oscillator is above zero at $0.01783, which supports bullish momentum.
Williams Percent Range (14)
-14.45
Overbought
Williams Percent Range (14) is near the top of its recent range at -14.45.
Bull Bear Power (13)
$0.005813
Bullish
Bull Bear Power (13) is positive at $0.005813, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
49.90
Neutral
Ultimate Oscillator is at 49.90, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.1266
Bullish
RED is trading above the Hull Moving Average (9), which supports the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.1113
Bullish
RED is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to RedStone

Over the past 7 days, RedStone price was most positively correlated with the price of PancakeSwap (CAKE), OKB (OKB), Litecoin (LTC), Conflux (CFX) and Shiba Inu (SHIB) and most negatively correlated with the price of Raydium (RAY), Tezos (XTZ), NEAR Protocol (NEAR), Venice Token (VVV) and BitTorrent (BTT).

Positively Correlated Currencies
NameCorrelation
Image of PancakeSwapPancakeSwap0.823
Image of OKBOKB0.791
Image of LitecoinLitecoin0.771
Image of ConfluxConflux0.750
Image of Shiba InuShiba Inu0.748
Negatively Correlated Currencies
NameCorrelation
Image of RaydiumRaydium-0.414
Image of TezosTezos-0.336
Image of NEAR ProtocolNEAR Protocol-0.314
Image of Venice TokenVenice Token-0.295
Image of BitTorrentBitTorrent-0.216

RedStone price is positively correlated with the top 10 coins by market cap with a price of 0.395, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.413. Currencies that are positively correlated with RedStone indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with RedStone, a move in one direction for RedStone would translate into a move in the opposite direction for the negatively correlated coin.

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