📈 Analysis and forecast for $REQ : further prospects 🚀
As of May 29, 2025, 11:09 EEST, the exchange rate for $REQ on Binance is $0.146, with a 2% increase over the last 24 hours. The trading volume for the day is about $7M, and the market capitalization is $112M (with a circulating supply of 768.67M REQ). The increase is linked to interest in Request Network as a platform for simplifying payment systems and positive market dynamics.
Technically, $REQ demonstrates a neutral trend with signs of bullish momentum. On the 4-hour chart, the price is testing resistance at $0.150, while support is at $0.140. The RSI (14) around 55 (assessment based on current data) indicates moderate momentum without overbought conditions. A breakout above $0.150 could push the price to $0.179, as some analysts predict, while a drop below $0.140 would increase pressure.
Forecast: by the end of May, REQ could reach $0.150 if the volume is maintained. By July 2025, a correction to $0.135 is possible, but with positive news (such as new partnerships), a rise to $0.20–$0.25 is realistic by the end of the year. The long-term target for 2026 is $0.50+, if the project continues to develop its ecosystem. Fundamentally, the support for staking and governance strengthens positions, but high volatility and competition remain risks.
Further prospects? The current price of $0.146 after a 2% increase looks like an accumulation zone. To lock in profits, wait for $0.150–$0.179. Set a stop-loss at $0.140. For holders, this is an asset with moderate potential — keep an eye on news and volumes. The market is volatile, be careful! #REQ #Binance #CryptoAnalysis
