Technical analysis by AlanSantana about Symbol REQ: Buy recommendation (7/1/2023)

✴️ Request Network Long-Term Consolidation Channel Request Network has been moving sideways within a wide long-term consolidation channel with a long-term higher low. The daily RSI is at 51 (bullish) while prices trade near support. A strong RSI with low/near support prices is a very important signal. You would normally get a "weak" RSI reading when prices are low and dropping. Having a strong RSI means that a bullish breakout can now happen anytime, any day. This pair looks bullish to me... Buy & hold is my strategy; Think and focus on the long-term. The future is bright for the Cryptocurrency market. Namaste.