Many of you have not heard of Rads... this is a good thing.
Technically, it is sitting on VPVR support (a major ), and it has seen significant downside. Sellers should become exhausted around this point.
For more information on Rads, you can check here:
Development is very active and over half the supply is currently staking off market. You can see that there is not much resistance on the sell side, so very small buying activity should push Rads up significantly.
Overview: Radium is a verification software and protocol that allows businesses and the like to ensure the validity of any transaction, file, etc .
According to Justin Jacobeen, founder of Radium, “The idea behind Radium is that everyone uses blockchains mostly for financial transactions, that is what Bitcoin is based on, that is what I would say 90% of what other coins do. But the very core of how a blockchain works, financial transactions are just information, just data, and what Radium figured is, why don’t we look at putting some other stuff into the blockchain? It doesn’t have to be a financial transaction. Why don’t we put other information, say the identity of another individual?Or why don’t we put in the information regarding like say the Hash of a file? Everyone is pretty familiar with how blockchains and financial records work. You send some Bitcoin , its incredibly hard to change that record in the blockchain because of either the proof of work requirement or the proof of stake requirement. But not we have leveraged that same security, and added that to an identity. So that if you were to receive a file, or something, you could look up that identity in the blockchain and have the same sort of confidence, that the information you are looking at, is valid, that you would as though you were looking at a Bitcoin or some other financial based transaction.”
Radium currently offers two products: SmartChain Verify and Radium Core
Infographic of RADS vs. Factom
Looks really good... we just need to breach this trend line with force and hodl the door.
6 months after this, Rads will have a supply of ~3.4-3.5 million and will reduce block rewards to .25. This will result in ~11k new coins per month from this point forward.
This should be a good time to buy as we retest the trendline
Extreme compression on the 3D bbands... volume profile looks good. We have news coming in the next week. Time to move.