Request Network's floor was established November as .00000584 sats and reached .00006809 sats 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 (8502 sats ) will be reached in T-minus one month with the continuation of the channel trend.
A shorter Look:
This recent correction and rebound has created a pattern that also intersects fib level 0.786 (5477 sats ). 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.
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