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Raiden

Raidens Pulse. (RDN)2 week showing signs of the Crossover that we are seeing on a lot of altcoins. Extremely exhausted. Long term hold. Let's get that final crossover. Stats: Price: 11 cents Market cap: 5.5 million 24 hr volume 2.5 million Circulating supply: 50 million (not bad at all) Raiden is a protocol for fast, cheap, and scalable token transfers on ethereum. Raiden is similar to bitcoins lighting network in that you can transfer tokens through privately exchanged messages without having to involve the entire consensus protocol. Raiden will deliver "near-instant, low-fee" payments regardless of the number of transactions being processed in the network.
RLong
by UnknownUnicorn2319099
Raiden Network Token (RDN) - Discarded IdeaI usually ignore hidden divergences when a trade setup is good. However, this an interesting exception. The previous swing high that forms the divergence is at a critical S/R level (Red Line). See, I do not draw my S/R lines the traditional way -by looking at price action alone-, I also take into account market volatility. Thus, when the hidden divergence is formed from this level, I'm gonna listen to it. It is my personal way of filtering an otherwise flimsy signal. For this reason, I will wait for price to reach and break the red line before entering a position.
R
by coinselor
Raiden NetworkRDNBTC Moving in triangle and want to break out resistance line. Stoch RSI - Oversold. This coin I have in my portfolio. I see potential for further growth and by the end of the year I believe that we can see at least + 100% (This is just 23.8% level fibonacci from the whole movement). Market Cap $27 772 094 USD. Rank 161 Because Raiden Network enables off-chain scaling solution that hopes to enable fast, low-fee and scalable payment on the Ethereum blockchain. Developers are actively working on the project and provide weekly reports, here is the last one www.reddit.com Activity in the test network is very high. I think in the end of the year we will see solutions for the scalability of the Ethereum network, and Raiden will do they job. We are at the bottom, this is a zone of accumulation of this coin, and as you know, after the accumulation there is always price growing. For this fasten your seat belts, you're on the runway!
RLong
by EXCAVO
6
Raiden Network VS Bitcoin Trade SetupRaiden Network Token has been trading between 62k and 13.5k satoshi during the past three months. Recently it found the support at 30k satoshi where it rejected the 127.2% Fibonacci retracement level applied to the corrective wave after the uptrend trendline breakout. At the same time, bullish divergence was formed by the RSI oscillator, suggesting the beginning of an uptrend. However, today RDN/BTC found the resistance at 8/1 Gann Fan trendline which is being rejected. In order for the uptrend to be confirmed, break and close above 40k satoshi is required. When/if that happens the doors for further growth should be opened and the price could jump towards 75k satoshi resistance, confirmed by two Fibonacci retracement levels. On a downside, if the price will not manage to break above 40k resistance, Raiden could get back to the 30k support and then even back to 13.5k support.
RLong
by CryptoPAMM
"The killer application" of Ethereum family!"The Raiden Network is an off-chain scaling solution, enabling near-instant, low-fee and scalable payments." Reads the Raiden website. Fundamental I've had Raiden for a decent amount of time now ( added to portfolio spreadsheet 6 December ), and while it is up, it has not impressed. If you consider the growth in the overall market it should have done much better. But let's focus on the future. I believe Raiden could have a good one. And if you're not already in, I think Raiden is undervalued and a good buy for the day. So.. What's attractive about the Raiden Network? It's Ethereums try for an off-chain solution, the competitor of Lightning Network sort to speak! (read Buterin's blog post about scaling) And it's needed. People are pouring into crypto, and the tech havent been able to keep up. It's expensive to move money around this ecosystem now, atleast if you dont really know what you are doing. What about Plasma, what if it replaces Raiden? Thats far into the future and have to be addressed when the time is right. But I concluded with FUD after researching the matter. My portfolio is not very connected to the Ethereum family. As I am not very bullish on Ethereum as a whole. Raiden is my counterbet, sorta. Sidenote: Notice how the major coin pumps lately have happened on Binance ? (TRON, VERGE, AERON etc..) It's because that's where the new money are pouring. It's one of the few that has open sign-ups and a lot of volume. In the next weeks when I eventually go hunting for new coins, Binance will be my playfield. Raiden is on Binance btw ;) Technical Charting these BTC pairs is not my favorite thing to do but lets what I got :) I think we could see an ordinary impulse wave from Raiden, and I marked the areas where I think the highs and low could form. BTC movement plays a large role in these pairs, but I've laid out my best bet on what could happen. Target for Raiden is 20-30 USD . That would mean 1-1.5B marketcap , which seems realistic to me. It's not a very large timeframe I have put this in, but lets see what happens, and I'll keep updating along the way :)
RLong
by Kryptokelly
26