Market Overview for Request/Bitcoin (REQBTC)

Summary
• Price remained tightly range-bound around 1.14e-06 on REQBTC for most of the 24-hour window.
• A small bullish move emerged in the final 45 minutes with 2383.0 volume and a close at 1.15e-06.
• Low volume and turnover throughout most of the session suggest weak conviction and limited participation.
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• RSI and MACD showed flat readings, indicating lack of strong directional momentum.

Request/Bitcoin (REQBTC) traded between 1.13e-06 and 1.15e-06 over the past 24 hours, opening at 1.14e-06 and closing at 1.15e-06. Total volume amounted to 17,767.0 with a turnover of 0.01984693. The pair has shown little movement and weak trading activity, as seen in the flat MACD and RSI levels, and minimal volatility.

Structure & Formations

Price remained in a tight range around 1.14e-06 for most of the session, with occasional minor fluctuations. A small bullish reversal pattern emerged in the final candle, closing at 1.15e-06, suggesting some short-term buying interest.

Moving Averages

Short-term 5-minute moving averages (20/50) closely tracked the price without significant divergence. The price hovered near the lower end of the range, with no clear breakout above or below key moving average levels.

MACD & RSI

MACD remained near the zero line, with no clear bullish or bearish divergence, while RSI hovered in the neutral range. These indicators reflect the absence of strong momentum and suggest that the market is in a consolidation phase.

Bollinger Bands

Volatility remained compressed throughout the session, with prices largely staying within the Bollinger Bands. The narrow range indicates low trading activity and limited expectations for immediate directional movement.

Volume & Turnover

Volume was extremely low for most of the session, with occasional spikes such as the 11,436.0 volume candle in the early hours and a final 2,383.0 volume candle pushing the price higher. Turnover mirrored volume, staying minimal with the exception of the final candle.

Visual

Fibonacci Retracements

Recent 5-minute swings showed no clear retracement levels being tested, as price remained range-bound. Daily Fibonacci levels also lacked impact, with no clear break above or below major retracement levels.

Market appears to be in a low-conviction consolidation phase, with price unlikely to move decisively without a catalyst. Investors should watch for volume expansion and clear breakout attempts around 1.15e-06 or below 1.13e-06. However, given the low liquidity and flat momentum, sharp movements are unlikely without external news.