REQ USDT Request Technical Analysis

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By Frans van Elst

Request logo In this Request technical analysis, we will examine the current price action, trading volume, key levels and indicators for REQ-USDT. Request (REQ) is a decentralized platform that enables users to request and fulfill various tasks and services. The platform utilizes blockchain technology to ensure transparency and security for all transactions. With REQ, individuals can monetize their skills and time by offering services such as content creation, programming, and more.

Request Price Overview:

As of May 15, 2024, Request is trading at approximately 0.1214 USDT. Let’s dive into the detailed price action for REQ-USDT:

Anticipate potential setbacks for Request (REQUSDT) at 1.21e-01 USDT through bearish technical analysis, emphasizing weakened support and cautionary indicators.

Metric Value
Open (O) 0.1156
High (H) 0.1218
Low (L) 0.115
Close (C) 0.1214
Volume (C) 4,592,264.00
  • Open (O): The opening price for today’s trading session was approximately 0.1156 USDT.
  • High (H): Request reached a daily high of around 0.1218 USDT.
  • Low (L): The daily low for REQ-USDT was approximately 0.115 USDT.
  • Close (C): At the time of analysis, Request is trading near its daily close of 0.1214 USDT.
Metric Value
1D Change (%) 5.02%
3D Change (%) 1.00%
7D Change (%) -2.49%
30D Change (%) -3.42%
90D Change (%) 10.46%
YTD Change (%) 28.87%

Over the past three days, REQUSDT has increased by approximately 1.00%, showcasing increased market volatility. Throughout the last week, it continued to decline, with a loss of around -2.49%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with REQUSDT maintaining a downward trend of approximately -3.42%, despite intermittent fluctuations. Examining the last 90 days, REQUSDT has witnessed substantial rise of approximately 10.46%, reflecting strong long-term confidence. Year-to-date, REQUSDT has steadily increased by around 28.87%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.

Request Live Chart:

You can access a live price chart for REQ-USDT on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.

Price Volatility and Momentum:

  • Volatility score is 0.60342.
  • Momentum score is -0.09605.

REQ USDT Technical Analysis

Request Trading Volume:

The trading volume for Request (REQ) over the past 24 hours has been insignificant, with approximately 4,592,264.00 USDT traded against REQ. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.

Moving Averages:

  • 50-day Simple Moving Average (SMA): REQ is currently trading below the 50-day SMA, indicating short-term bearish momentum.
  • 200-day Simple Moving Average (SMA): Request is also trading below the 200-day SMA, indicating a negative long-term outlook.

Relative Strength Index (RSI):

  • The RSI30 for REQ-USDT is currently in the neutral zone, around 47.16225. This suggests that Request is in range-bound territory.

Analysis from TradingView:

Our Key Takeaways:

Request (REQ-USDT) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT support level for potential trading opportunities. Additionally, the neutral RSI and insignificant trading volume are neutral signals for potential sideways movement.

Anticipate potential setbacks for Request (REQUSDT) at 1.21e-01 USDT through bearish technical analysis, emphasizing weakened support and cautionary indicators.

Don’t skip our thorough exploration of REQ BTC Request Technical Analysis if you resonated with this post; it’s the perfect next step for deeper understanding.

Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.

Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.

Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.

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