Major Token Unlocks This Week: H Token Leads with $54.77M
- Token Unlock Overview: According to Tokenomist, over $95 million in token value is scheduled for release this week, with the H token alone valued at approximately $54.77 million set to unlock at midnight UTC on June 25, potentially impacting market liquidity significantly.
- High Percentage Unlock Risks: The NEWT and MEGA tokens will see unlocks representing 37.22% and 32.83% of their circulating supply, respectively, which could lead to increased price volatility, particularly in tokens with lower trading volumes, necessitating caution from investors.
- Market Impact Analysis: Token unlocks typically introduce new supply into the market, which can exert downward pressure on prices if demand does not keep pace, especially if the unlocked tokens are primarily held by team members or early investors, potentially influencing market sentiment.
- Investor Strategy Adjustments: Understanding unlock schedules is a fundamental part of tokenomics analysis, prompting investors to adjust their positions and risk management strategies in response to potential market volatility stemming from upcoming unlock events.
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Technical Analysis for TOKEN
Technical Sentiment Analysis for TokenFi (TOKEN). As of , TokenFi (TOKEN) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for TOKEN stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, TOKEN is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
TokenFi (TOKEN) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00201 | 0.0022 | 0.00237 | 0.00257 | 0.00274 | 0.00294 | 0.00311 |
| Fibonacci | 0.0022 | 0.00234 | 0.00243 | 0.00257 | 0.00271 | 0.0028 | 0.00294 |
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