Bittensor Halving: Key Event on December 14 That Will Reduce TAO Supply
Bittensor Halving Overview: The Bittensor network will undergo a halving event on December 14th, reducing the daily issuance of its TAO token from 7,200 to 3,600, which aims to control inflation and increase scarcity similar to Bitcoin's model.
Impact on TAO's Price: The halving is expected to create upward pressure on TAO's price if demand remains steady or increases, as it reduces potential sell pressure from miners and highlights the token's deflationary design.
Opportunities and Challenges: While the halving presents potential benefits for the Bittensor network, such as reinforcing confidence in its economic model, it also poses risks, including possible impacts on miner participation if TAO's price does not adjust accordingly.
Long-term Implications: The event signifies a fundamental shift in TAO's issuance policy, emphasizing its value as a capped-supply asset in the AI crypto sector, and encourages investors to assess the network's health and trajectory post-halving.
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Technical Analysis for TREAT
Technical Sentiment Analysis for Shiba Inu TREAT (TREAT) As of , Shiba Inu TREAT (TREAT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TREAT 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, TREAT 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 $-.
Shiba Inu TREAT (TREAT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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