RedStone (RED) is expanding based on ecosystem catalysts. These consist of its purchase of Credora Network and the listing of the coin on Upbit. The key resistance levels noted by technicals include $0.70 and $0.86. There are also derivatives activities, which indicates the probable retest of $1.00.
RedStone has now entered the Korean market through Upbit. Through the RED/KRW pair, trading volume is raised as the token is introduced to one of the largest retail bases in the Asian market.
RED / KRW is available on UpBit
— RedStone
Our team is looking forward to meeting RedStone Miners at KBW and our side events in Seoul including Hyperliquid hackathon, XRP Seoul, Sauna Rave with Kaito & Keplr and more activations.
서울에서 만나요! https://t.co/d5prpbaY3V(@redstone_defi) September 5, 2025
This was announced alongside the RedStone community appearance at the Korea Blockchain Week in Seoul. Its team is organizing side events there together with Hyperliquid, XRP, Kaito, and Keplr.
The protocol also bought Credora Network, one of the top DeFi rating agencies. It combines real-time pricing with institutional-grade risk ratings, a new standard in DeFi risk management.
RedStone acquires @CredoraNetwork, the leading DeFi ratings provider.
— RedStone
This changes the status quo for DeFi risk management.
For the first time ever: Real-time pricing + institutional-grade risk ratings under one roofpic.twitter.com/yxw9Nbx9kd
By joining Credora’s ratings with its own price data, RedStone now offers a tool that helps big investors measure crypto risks more easily. These actions boosted confidence among investors. This, in turn, pushed up trading volumes in both the spot and derivatives markets to unprecedented levels.
The price action also changed in response to the announcements. RED surged to around $1.01 before it went back to around the $0.64 mark.
The Fibonacci levels point out significant resistance at 0.5 Fib or $0.70 and 0.382 Fib or $0.77. An extended upward push beyond the Fib 0.236 would enable the coin to re-test the $1 high.
The VWAP stands at $0.646 to $0.647. This means that the token is settling at a zone of fair value. The coin needs to hold at this level. Otherwise, it will likely retrace to $0.52 (0.786 Fib).
Fib. and VAWP. Source: TradingView
Also Read | Ex-Bloomberg Strategist Joins RedStone, Price Targets $0.62
The 4-hour chart indicated an RSI value of 66, which is close to the overbought range (70). This is a sign of bullishness and even higher gains as long as buyers do not stop purchasing the coin.
The MACD indicator supports this forecast. The MACD line is crossing above the signal line. A strong short-term momentum is represented by the broadening positive bar in the histogram. But traders need to watch out in case the price fails to surpass the next resistance at $0.7.
MACD and RSI. Source: TradingView
Coinglass data shows that RED futures volume was up 334% to $1.13 billion. The open interest increased by 13% to $51.67 million, indicating not liquidations, but new positions.
The massive leverage is a further confirmation of speculative interest following ecosystem announcements. If volume continues to remain at the same levels or higher, derivatives trading could drive the RED price higher. It could even rise back to its recent peak of $1.01.
Source: Coinglass
Holding above VWAP and $0.62 will be important for the token to break out towards $0.77 and $0.86. Failure to defend these zones could cause the token to drop back to the $0.52 support level. Hence, the RedStone catalysts must match bullish technicals as the token is between consolidation and another breakout attempt.
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