Summary
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.
Pivots
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.
MACD
As a sign of strength, the MACD is above the signal line. Gains for buyers are likely to continue.
RSI
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.
ATR
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.
Prediction
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.
