Request Network's floor was established November as .0000584 sat and reached .0006809 sat on it's New Year's bull run.
Request Network is displaying a classic channel trend with multiple points of support on the top and bottom channel. If it hits the average of the trend channel, fib level 1.272 (.0008502 sat ) will be reached in T-minus one month with the continuation of the channel trend. This is a 65% potential profit increase if REQ was bought at the current price (0.0005555 sat).
A shorter Look:
This recent correction and rebound has created a pattern that also intersects fib level 0.786 (.0005477 sat). If this is not broken, we could see a temporary fall to fib level 0.618 with a rebound to a higher fib support. is rising out of oversold area and the signal line is still above the showing downward momentum.
Let me know what you think of my analysis,