The MACD line is above the signal line, which is a bullish sign. The 12 day EMA is above the 26 day EMA, which is a bullish sign. Resistance 1: 0.0144, Resistance 2: 0.0145, Resistance 3: 0.0147, Support 1: 0.0141, Support 2: 0.014, Support 3: 0.0139.
Request Network is enjoying positive momentum as it’s above yesterday’s pivot of 0.0143. If upside momentum continues, the next price target is at 0.0144 resistance.
As a sign of strength, the MACD is above the signal line. Gains for buyers are likely to continue.
RSI is pointing upwards at 59.5. Therefore, this reading shows a substantial momentum to the upside.
The RSI is a popular momentum oscillator that moves between 0 and 100. A reading above 70 is considered overbought while a value below 30 is considered oversold.
A separate indicator is the Average True Range (ATR) which is used for measuring volatility. By measuring volatility, the severity of price movement can be checked with the ATR. A bullish reversal with an increase in ATR would show strong buying pressure and reinforce the reversal.
Pivot points can also be used to calculate prices moving forward. We can expect a high of 0.0144 for tomorrow and a low of 0.0142.