Solana's Supply Decreases as Proposal Aims to Double Disinflation Rate
Solana's Disinflation Proposal: Solana has proposed to double its disinflation rate, removing approximately 22 million $SOL from future emissions, which is expected to significantly reduce sell pressure and enhance the network's long-term scarcity narrative.
Market Impact and Sentiment: The reduction in new SOL entering circulation is anticipated to reshape investor sentiment and create a clearer supply roadmap, potentially influencing future price dynamics and attracting more attention to Solana's economic model.
Technical Analysis and Support Levels: Analysts are monitoring the $95.26 support level, which could guide $SOL's price movements towards retesting its previous all-time high near $295, while caution remains regarding potential downside if this level is breached.
Future Outlook for 2025: The market is evaluating both the economic proposal and technical indicators as participants speculate on Solana's price trajectory and overall performance leading into 2025.
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Technical Analysis for MMT
Technical Sentiment Analysis for Momentum (MMT) As of , Momentum (MMT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for MMT 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 stock.
Support, Resistance & Moving Averages From a structural perspective, MMT 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 $-.
Momentum (MMT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0255 | 0.0689 | 0.108 | 0.151 | 0.19 | 0.233 | 0.272 |
| Fibonacci | 0.0689 | 0.1 | 0.12 | 0.151 | 0.183 | 0.202 | 0.233 |
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