Understanding Crypto Token Supply: Three Key Metrics
Token Supply Overview: Token Supply is a fundamental concept in cryptocurrency that encompasses Circulating, Total, and Max Supply, which influence a token's scarcity, valuation, and long-term price behavior.
Circulating Supply: This metric indicates the number of tokens actively traded in the market, affecting price dynamics through supply and demand; lower circulating supply can lead to higher scarcity and potential price increases.
Total Supply vs. Circulating Supply: Total Supply includes all tokens created, both circulating and non-circulating, while Circulating Supply only accounts for those available for trading, highlighting the importance of understanding both for evaluating a token's economy.
Max Supply Implications: Max Supply sets a hard cap on the total number of tokens that can exist, which can lead to increased scarcity and potential upward price pressure once reached, as seen in Bitcoin's halving cycles.
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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 5 technical signals, shows that 1 indicators are flashing buy, while 4 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 stock.
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 | 0.000695 | 0.00175 | 0.00258 | 0.00363 | 0.00446 | 0.00552 | 0.00634 |
| Fibonacci | 0.00175 | 0.00247 | 0.00291 | 0.00363 | 0.00435 | 0.0048 | 0.00552 |
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