Gate News message, April 19 — Request Network (REQ) experienced a dramatic 23.68% price surge within a 15-minute window, climbing from $0.1229 to $0.152. The token’s 24-hour gains have been even more pronounced, with REQ rising 116.52% over the period and trading volume reaching $8,328,124.61. Market capitalization has climbed to approximately $105,449,162.
Market observers attribute the move to several factors: broader altcoin volatility amid fluctuations in Bitcoin’s dominance, potential whale accumulation, and increased retail interest. On-chain data shows a surge in wallet activity, with trading activity intensifying within the hour, during which REQ posted a 49.61% gain. The combination of elevated volume and rapid price movement has drawn significant attention from traders seeking to capitalize on the momentum.
Technically, traders are monitoring key resistance at $0.160 and support near $0.122. A break above resistance could signal further bullish momentum, while a drop below support levels may prompt caution among investors.
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