$RED Weekly Price Outlook (July 7-14, 2025)
Token: $RED (RedStone)
Current Price: ~$0.2854 Category: Oracle / Launchpool token
đKey Market Insights
â˘Binance Al Model projects a +5% move over 30 days, targeting around $0.2864 for July [[turn0search1]].
â˘Technical Analysis points to bearish momentum: the 50-day MA is above current price and sloping down, signaling resistance, though a bullish divergence on short-term candles may hint at a near-term rebound [[turn0search1]].
â˘CoinLore ML Forecast identifies initial resistance near $0.3083, with a secondary hurdle around $0.3352 [[turn0search4]].
â˘BelnCrypto Technicals (4 weeks ago) forecast medium-term growth, citing optimistic sentiment into 2025 and beyond [[turn0search5]].
đ§ Trade Strategy
â˘Buy on Dips: Scale in around $0.270 $0.275 (near support)
â˘Take Profit: Near $0.308, then again at $0.335
â˘Stop-Loss: Below $0.260 to reduce downside risk.
â˘Risk Level: Moderate consolidation likely, but breakout possible.
đWatch Zones
â Support: $0.266 (current trading floor)
â Resistance: $0.308 (50-day MA) & $0.335 (EMA & prior highs) [[turn0search4]]
â Catalysts to Monitor:
â˘Launchpool news or staking milestones
â˘Volume spikes signaling institutional or whale entry.