Red bubble algea?

photokaty

Reefing newb
I have new algae developing in my tank that is red/bright orange and looks like bubble algae. Is that what it is? And if so, is it good or bad? And if bad, how to remove it?
 
Its best if you try and remove it without popping it. When you pop it, it spreads the spores, encouraging more to grow. You can very carefully remove them with tweezers or carefully fingers.
 
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