Latest Redacted (RDAC) Price Analysis

By CMC AI
20 September 2025 01:22AM (UTC+0)

Why is RDAC’s price down today? (20/09/2025)

TLDR

Redacted (RDAC) fell 10.97% in the past 24h, underperforming the broader crypto market (-1.91%). The decline extends a 30-day drop of 30.67%, driven by technical breakdowns and fading momentum from earlier catalysts.

  1. Technical Breakdown – Price breached key Fibonacci support at $0.00679, signaling bearish momentum.

  2. Post-Listing Volatility – Bitget’s May 2025 listing rewards program ended, reducing buy pressure.

  3. Altcoin Weakness – Bitcoin dominance rose to 57.21%, pressuring smaller-cap tokens like RDAC.

Deep Dive

1. Technical Breakdown (Bearish Impact)

Overview: RDAC broke below the critical Fibonacci 78.6% retracement level ($0.00679), a key support zone. The RSI (45.27) and MACD (-0.00048) both signal bearish momentum, with the price now trading below its 7-day SMA ($0.00622).

What this means: Technical traders often interpret breaks below Fibonacci levels as confirmation of a downtrend, triggering stop-loss orders and amplifying selling. The lack of immediate support until $0.00546 (swing low) risks further downside.

What to look out for: A sustained close below $0.006 could accelerate liquidations.

2. Post-Listing Volatility (Bearish Impact)

Overview: Bitget’s May 2025 listing included a 14.3M RDAC rewards program, which ended by late May. Since then, RDAC has lost 30.67%, suggesting initial hype-driven buying faded.

What this means: Post-listing sell-offs are common as early participants take profits. RDAC’s 24h volume ($23.6M) remains elevated, indicating ongoing distribution.

3. Altcoin Weakness (Mixed Impact)

Overview: Bitcoin’s dominance rose to 57.21% (up 0.26% in 24h), while the Altcoin Season Index dipped slightly to 76. Capital rotation to BTC and ETH often pressures smaller tokens like RDAC.

What this means: While the altcoin season persists, RDAC’s low market cap ($1.35M) and -93.9% yearly return make it vulnerable to liquidity shifts during risk-off periods.

Conclusion

RDAC’s decline reflects technical breakdowns, post-listing profit-taking, and broader altcoin weakness. The token’s thin liquidity and lack of recent ecosystem updates exacerbate downside risks.

Key watch: Can RDAC reclaim $0.0062 (7-day SMA) to stabilize, or will the $0.00546 swing low become the next target?

Why is RDAC’s price up today? (18/09/2025)

TLDR

Redacted (RDAC) rose 30.9% over the last 24h, outpacing the broader crypto market’s 0.48% gain. The surge follows recent community-driven momentum and technical indicators signaling oversold conditions. Here are the main factors:

  1. Airdrop-Driven Demand – Season 1 rewards distribution for Gold Coin holders concluded, with $RDAC airdropped on 11 August 2025.

  2. Technical Rebound – Oversold RSI levels (14-day: 36.91) and bullish divergence in trading volume (+152% 24h) fueled buying.

  3. Altcoin Season Tailwinds – Crypto’s Altcoin Season Index hit 76, favoring speculative rallies.

Deep Dive

1. Airdrop Catalyst (Bullish Impact)

Overview: Redacted completed its Season 1 Gold Coin snapshot on 11 August 2025, with $RDAC rewards airdropped pro-rata to participants. This incentivized accumulation ahead of the snapshot and likely reduced sell pressure post-distribution due to Season 2 mechanics teasers.

What this means: Airdrops often create short-term demand as participants buy tokens to qualify for rewards. The promise of Season 2 enhancements (details pending) may have extended holding behavior, tightening supply.

What to look out for: Announcements about Season 2 structure – particularly staking mechanics or burn mechanisms – could amplify volatility.

2. Technical Rebound (Mixed Impact)

Overview: RDAC’s 14-day RSI rose from 29.62 (oversold) to 36.91, signaling recovering momentum. The 24h trading volume surged to $21.9M (+152%), confirming buyer interest.

What this means: The bounce aligns with a break above the 7-day SMA ($0.0059), but MACD remains negative (-0.000566), suggesting caution. Resistance near the 30-day SMA ($0.00725) could cap gains if volume stalls.

3. Altcoin Season Momentum (Bullish Impact)

Overview: The crypto Altcoin Season Index rose 68.89% in 30 days to 76, reflecting capital rotation into smaller tokens. RDAC’s low market cap ($1.6M) positioned it to benefit from this risk-on shift.

What this means: Altcoins with narratives (e.g., Redacted’s “web3 index” branding) often outperform during such phases. However, reliance on broader market sentiment increases downside risk if Bitcoin dominance rebounds.

Conclusion

The price surge reflects a mix of organic demand from airdrop participants, technical buying, and altcoin season tailwinds. Traders should monitor whether RDAC holds above $0.00725 (30-day SMA) to confirm sustained momentum.

Key watch: Will Redacted’s Season 2 details, expected soon, introduce tokenomics changes to stabilize gains?

CMC AI can make mistakes. Not financial advice.