Technical and fundamental analysis and indicator reading for REI Network (REI) currency
Technical analysis and indicators:
Overall trend: The technical recommendation for REI currency is currently "Strong Buy" according to most short-term indicators, with the upward trend continuing after breaking significant resistances recently.
Moving averages: There are positive signals after breaking the triangle resistance on the daily chart. The key moving averages (30 and 100 days) indicate a clear upward reversal on the daily timeframe.
Relative Strength Index (RSI): Indicates that the index has entered an overbought phase (above 80), which means there is a short-term probability of profit-taking or temporary price correction.
Other momentum indicators (CCI – Williams %R): All indicate that the currency is in an overbought area, but they have not yet given decisive bearish reversal signals.
Candlestick analysis: The last candlesticks on the daily timeframe close above the Bollinger Band range, which is also a strong bullish continuation signal.
Fundamental analysis:
Project: REI Network is a high-performance public blockchain, Ethereum-compatible, supporting DeFi, NFT, and GameFi applications. REI is used as a governance token and can be used for voting and as incentives for users.
Technical features: Transaction speed is very high (3 seconds per block), with near-zero fees, and an active global community. It supports the launch of EVM decentralized applications and is easily scalable.
Use cases: It can be traded on major centralized and decentralized platforms like Binance and Uniswap. It offers users the ability to stake with returns up to 10% annually.
Market performance: The currency achieved over 40% increase in the last week, and the average daily trading volume rose by more than 50% compared to previous periods, indicating interest and attracting new liquidity.
Current market data (August 3, 2025):
Indicator Value
Current price between $0.16 – $0.18
Daily change between -4% to -6%
All-time high price $0.20 (July 27, 2025)
Market capitalization between $164 – $176 million
Trading volume around $2.5 million daily
Total supply 1 billion REI
Final assessment and current reading:
REI currency is in a technically upward trend with strong buy signals, but there are indicators of overbought conditions (suggesting a potential short-term correction).
The fundamentals are strong: The project has significant active development, an active global community, a clear use case, and incentives for long-term investment.
If you are a short-term trader: Watch for the correction area and profit-taking in the short term.
If you are a long-term investor: The situation is still bullish, and the project has a strong structure and good fundamentals.
Important note: The cryptocurrency market is highly volatile and risky; it is always recommended to manage risks and not rely solely on
Analysis alone is not enough for investment decisions.