Latest Request (REQ) Price Analysis

Deep Dive

1. Broad Market Downturn (Bearish Impact)

Overview: The entire cryptocurrency market declined sharply, with the total market cap dropping 4.51% to $2.53 trillion as of 3 February 2026. The CMC Fear & Greed Index sits at 17, signaling "Extreme Fear" among traders. This pervasive risk-off sentiment typically leads to selling pressure across altcoins.

What this means: REQ, as a mid-cap altcoin, is highly correlated with overall market sentiment. When investors flee riskier assets, capital rotates out of tokens like REQ into stablecoins or cash, amplifying its downside. The fact that REQ's 24h loss (-3.83%) was slightly less than the market's average suggests it wasn't singled out for excessive selling, but it lacked the strength to decouple from the downtrend.

What to look out for: A sustained recovery in the total crypto market cap above $2.6 trillion could provide a floor for REQ's price.

2. Technical Selling Pressure (Bearish Impact)

Overview: REQ's price of $0.0929 is trading below all its major moving averages, including the 30-day SMA ($0.1048) and 200-day SMA ($0.1231). The Moving Average Convergence Divergence (MACD) line is negative at -0.0022, indicating sustained bearish momentum.

What this means: This technical posture signals that the short- and long-term trend is down. The 14-day RSI reading of 34.91 is nearing oversold territory but hasn't reached extreme levels (typically below 30), suggesting there could be more room for downward movement before a potential bounce. Traders often view breaks below key averages as sell signals, which can create a self-reinforcing cycle of selling.

What to look out for: A hold above the recent swing low of $0.0921, followed by an RSI reversal above 40, could signal a near-term stabilization.

Conclusion

REQ's decline is primarily a function of a weak broader market and negative technical momentum, with no recent project-specific news to act as a counterweight. For holders, this underscores REQ's current high beta to general crypto sentiment during risk-off periods.

Key watch: Can REQ defend the $0.0921 support level, and will the Fear & Greed Index shift out of "Extreme Fear" to relieve selling pressure?

Deep Dive

1. Technical Momentum (Bullish Impact)

Overview: REQ’s MACD indicator shows a bullish crossover (MACD line at 0.000062 above signal line at -0.000085), historically preceding short-term rallies. The 14-day RSI at 56.02 suggests neutral momentum with room for upside.

What this means: This technical configuration typically attracts algorithmic traders and short-term speculators, creating upward pressure. The absence of overbought conditions (RSI < 70) reduces immediate pullback risk.

What to look out for: Sustained price above $0.106 (7-day SMA) to confirm bullish continuation.

2. Privacy Payment Integrations (Bullish Impact)

Overview: Request Finance (Request Network’s payment platform) integrated with Aleo Network in September 2025 to enable private payroll transactions, processing $3.7M in early volumes. Circle’s December 2025 announcement of USDCx (a privacy-focused stablecoin) also named Request as a potential user.

What this means: These developments validate Request’s real-world utility in confidential business payments, potentially driving adoption. The timing aligns with growing enterprise demand for blockchain privacy solutions, as noted by Aleo’s Howard Wu: "People don’t want to reveal business intelligence" (Fortune).

What to look out for: Metrics tracking Request Finance’s transaction volume growth.

3. Low Trading Conviction (Bearish Impact)

Overview: Trading volume plummeted 37.5% to $1.33M – below its 30-day average – while turnover (volume/market cap) sits at just 1.54%, indicating shallow liquidity.

What this means: Thin volume magnifies price swings but raises sustainability concerns. The lack of volume confirmation suggests this gain relies more on technicals than fundamental shifts, increasing vulnerability to reversals if market sentiment sours.

Conclusion

REQ’s uptick combines technical tailwinds with latent optimism about its payment infrastructure, though low volume underscores fragility. Watch for sustained technical strength or volume surges to gauge durability.
Key watch: Can REQ hold above its 7-day SMA ($0.106) amid shifting market liquidity?