**Hot Take: Request’s REQ Price Signals Bullish Move to $0.085 Support**
The price of Request’s REQ token has surprised many investors with a sudden bullish move. After weeks of fluctuation, the token’s price is now trading at $0.114129 per REQ/USD, with a market capitalization of $114.10 million. The daily average trade volume is $73.79 million, and demand has increased by 83.84% since the previous night.
Request (REQ) has gained bullish momentum, attracting more buyers and pushing the price above the critical resistance point at $0.12. The bullish prediction for REQ’s price was supported by a strong foundation at the $0.06 support zone, as seen in the significant spike coinciding with the 50-day and 200-day simple moving averages.
Although the bulls faced rejection at $0.12, causing a temporary retreat to the $0.085 support zone, they regrouped and increased the price once again. If the bullish sentiment persists, the bulls may aim to surpass the $0.12 barrier and drive prices higher.
The 50-day and 200-day moving average indicators further reinforce this bullish sentiment by positioning themselves below $0.065 and $0.071, respectively. The relative strength index (RSI) suggests potential buying pressure pushing the RSI above the overbought region at 70.
Considering this analysis, Request’s REQ price remains bullish and receives support from SMAs and the RSI. If the bulls can break through the resistance level, new highs could be achieved in the coming weeks, with a key resistance level at $0.12.
**Why Request’s REQ Price is on an Upward Trend**
One reason behind Request’s upward trend is its adoption by over 2,000 businesses and projects for decentralized payroll and invoicing management. Notable users include The Sandbox, Maker Foundation, AAVE, Fantom Foundation, and Gnosis. The Request suite of products offers features such as Request Finance, Request Create, WooReq, and payroll management. It also supports multiple cryptocurrencies, stablecoins, and fiat currencies.
Assuming more collaborations and advancements in the future, a price target of $0.126815 is ambitious but feasible. The rise in price will be gradual, with no major drops expected. The minimum value for REQ may be around $0.108699.
While you await the expected growth of Request’s REQ token, you can also explore the stake-to-earn program in the Meme Kombat presale to expand your portfolio. The presale has already raised $474,135 out of its $1 million goal.
**The Exciting Seasons and Future Growth of Meme Kombat**
Meme Kombat offers users multiple opportunities to earn rewards through their gained MK tokens. It provides entertainment by allowing users to watch popular memes battle against each other and bet on outcomes. The platform follows a seasonal approach to gameplay, similar to traditional gaming.
The first Battle season (Season 1) was recently launched and includes battles between popular crypto memes like DOGE, SHIB, and PEPE. This season sets the stage for continuous gameplay, attracting players and fostering community engagement.
Meme Kombat plans to release Season 2 in December 2023, featuring new battles, rewards, and opportunities to solidify its presence in blockchain gaming. The platform also aims to introduce new gameplay modes and form additional partnerships as it grows.
**Meme Kombat’s Staking and Play-to-Earn Features**
Meme Kombat offers lucrative opportunities through its stake-to-earn and play-to-earn features. Investors can stake their tokens and achieve an impressive 112% Annual Percentage Yield (APY), thanks to the allocation of 30% of the token supply for staking and battle rewards.
Users can connect their web3 wallets to the platform and gain tokens using ETH, BNB, or USDT (ERC-20 and BEP-20).
**Hot Take: Request’s REQ Token Shows Bullish Momentum, While Meme Kombat Gains Traction**
Request’s REQ token has surprised investors with a bullish move, reaching the critical resistance point at $0.12. The token’s price gained momentum from a strong support zone and is supported by moving average indicators and the relative strength index. Request’s adoption by businesses and projects also contributes to its upward trend.
Meanwhile, Meme Kombat’s presale is close to reaching half of its fundraising goal. The platform offers opportunities for users to earn rewards through staking and play-to-earn features. With the launch of Season 1 and plans for Season 2, Meme Kombat aims to solidify its presence in blockchain gaming.
Both Request’s REQ token and Meme Kombat show promise for investors looking to diversify their portfolios and explore new opportunities in the crypto space.
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