Behind the Graphic
Red is the color of the blood of Jesus who died as the Lamb of God to take away the sins of the world and fulfill the prophecy at his birth.
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The Amplified Version
She will bear a Son, and you shall call His name Jesus [the Greek form of the Hebrew Joshua, which means Savior], for He will save His people from their sins [that is, prevent them from failing and missing the true end and scope of life, which is God].