We can be looking at today's action as a B wave. IF this is the case then we have B wave hitting exactly at the 61.8% retrace of wave A. We have C wave in a 1:1 ratio with A. This gives us a 78% retrace on RDD/USD (0.005 USD) and RDD/BTC (66 satoshi) with BTC at $7500, which is an expected value at the bottom of C wave for BTC/USD.
BTC has been sliding down the resistance line of the downard column it is in. Until it breaks that resistance or until RDD/USD breaks above the top of wave 1 at 0.0116 USD, the majority of evidence is showing RDD is still in a correction with a larger trend ABC pattern, just like Bitcoin.
I am expecting this larger trend correction to be ending in around 05/21.