Request Network (REQ) Weekly Chart (120%+ Mapped)

Request Network (REQBTC) has been moving strong since the January low growing by 250%+...
We will be looking at the weekly long-term to see how much higher this pair can go.

We can notice prices closing last week above EMA50, after 1.5 months of rejection. (EMA50 is the bold magenta line on the chart.)
This is a strong bullish signal.

As the week started, today, we are seeing bullish momentum growing, the next target is set at 260 satoshis (0.00000260), above this level, there is more.

Additional details on the chart.

Namaste.

Komentarz:

We have a nice bullish breakout here... Enjoy the profits.