Latest Request (REQ) Price Analysis

Deep Dive

1. Derivatives Delisting Impact (Bearish)

Overview: Gate exchange delisted REQ perpetual futures on September 26, forcing position closures. Trading volume for REQ dropped 15% ($2.46M → $2.06M) post-announcement.

What this means:
- Reduced derivatives access limits institutional hedging options.
- Forced settlements likely created sell pressure as traders exited positions.
- Lower liquidity increases volatility risk, deterring short-term capital.

2. Technical Downtrend Confirmation (Bearish)

Overview: REQ trades below all key moving averages (7-day SMA: $0.1244, 30-day SMA: $0.1264). RSI-7 at 36.62 shows bearish momentum but no oversold signal.

What this means:
- Sustained sub-SMA pricing suggests weak buyer conviction.
- MACD histogram turned positive (+0.00043) but remains below the signal line, indicating fragile momentum.
- Next support at $0.11998 (Sep 2025 low), resistance at $0.1328 (50% Fibonacci retracement).

3. Security Incident Aftermath (Mixed)

Overview: A Sep 10 front-end exploit drained $3M from one user via a spoofed contract.

What this means:
- While patched, the breach highlights protocol risks for enterprise adopters.
- Positive counterpoint: Aleo Network integration (Sep 5) enhanced privacy features, with $3.7M processed post-launch.

Conclusion

REQ’s decline reflects shrinking derivatives access, bearish chart structure, and mixed sentiment from security risks vs. partnership gains. Key watch: Can the $0.11998 support hold if crypto-wide fear (index: 34) persists? Monitor Gate’s spot volumes for liquidity shifts post-derivatives exit.

Deep Dive

1. Kryptos Integration (Bullish Impact)

Overview: On September 10, 2025, Kryptos announced it uses Request Network’s API to automate invoicing for enterprise clients, streamlining payment flows (Kryptos). This aligns with REQ’s focus on real-world payment infrastructure.

What this means: Enterprise adoption validates Request’s utility, potentially attracting developers and users seeking Web3 payment solutions. Increased protocol usage could drive demand for REQ tokens, which are used for transaction fees and governance.

What to look out for: Follow-up metrics on API usage growth and new partnerships in Q4 2025.

2. Technical Signals (Mixed Impact)

Overview: REQ’s RSI (14-day: 38.31) exited oversold territory, while the MACD histogram turned positive (+0.00105) for the first time in two weeks. However, the price ($0.125) remains below key moving averages (7-day SMA: $0.1277).

What this means: Traders may interpret the RSI rebound and MACD crossover as a short-term buying opportunity. Resistance at $0.1347 (50% Fibonacci retracement) could limit upside unless volume increases from the current $2.64M (24h).

3. Altcoin Season Momentum (Neutral Impact)

Overview: The Altcoin Season Index rose 7.94% to 68/100 in the past 24h, signaling capital rotation into smaller tokens. REQ’s 90-day decline (-9.34%) positions it as a potential catch-up play.

What this means: While REQ benefits from sector-wide risk appetite, its 30-day correlation with Bitcoin remains high (0.82), exposing it to macro market swings.

Conclusion

REQ’s modest gain reflects a mix of project-specific adoption (Kryptos) and technical rebound signals, though low volume and Bitcoin dominance (57.74%) cap upside. Key watch: Can REQ sustain above $0.1277 (7-day SMA) to confirm a trend reversal?