Redknapp also confirmed that his aim is to finish in the top four this season, despite their recent run of form.
"I thought we played well, it was a tough game. When you go behind to Wolves, they are scrapping for their lives ... every game is difficult to win," Redknapp told Sky Sports News.
"Second half we battered away [but] just couldn't get one to drop for us ... It was always going to be a difficult game.
"If we can make the top four it will be a fantastic achievement for us. Anything above that will be a bonus."
Tottenham will look to return to winning ways when they travel to league leaders Manchester City next weekend.