Bittensor (TAO): Undervalued AI Crypto Gem Amid #Crypto Revival?Bittensor (TAO): Undervalued AI Crypto Gem Amid #Crypto Revival? $600+ in Sight? 📈
At $316.43 (+1.5%), TAO's market cap of $3.03B undervalues its DeAI ecosystem, with FDV at $6.62B hinting at growth—could #AI and #Crypto trends push it toward Bitcoin-like status? 🚀
**Fundamental Analysis**
With circulating supply of 9.6M and total 21M, TAO powers decentralized AI compute; undervalued per community sentiment, positives include modular AI infrastructure, though early-stage risks persist.
- **Positive:** Strong ecosystem partnerships (e.g., Google Cloud); bullish community sentiment.
- **Negative:** High volatility typical of altcoins; limited mainstream adoption yet.
**SWOT Analysis**
**Strengths:** Pioneering AI-blockchain fusion; capped supply scarcity.
**Weaknesses:** Dependency on AI hype; technical complexity.
**Opportunities:** Expanding DeAI use cases; listings on major exchanges.
**Threats:** Regulatory scrutiny on crypto; competition from centralized AI.
**Technical Analysis**
Chart exhibits strong uptrend with recent 7.2% weekly gain. Price: $316.43, VWAP N/A for crypto.
Key indicators:
- RSI: 60 (bullish, not overextended).
- MACD: Positive, confirming upward momentum.
- Moving Averages: 50-day at $300 (support hold), 200-day at $250 (long bull trend).
Support/Resistance: Support at $310, resistance at $320. Patterns/Momentum: Breakout from consolidation, momentum favoring bulls. 📈 Bullish | ⚠️ Bearish.
**Scenarios and Risk Management**
- **Bullish:** Surge above $320, DCA in for scaled entry amid #AI buzz.
- **Bearish:** Retreat to $310 on market dips, trim holdings.
- **Neutral:** Hover around current levels pending news.
Risk Tips: Stops at 10% drawdown, risk no more than 1% portfolio, diversify crypto holdings, DCA to average volatility. ⚠️
**Conclusion/Outlook**
Bullish if #Crypto and #AI converge. Watch exchange listings. Fits innovative theme with upside. Take? Comment!
TAOUSD.P trade ideas
TAOUSD Bullish case scenario, DCA TAOUSDT Analysis (1D timeframe) Currently, TAO is trading around $298, showing a slight decline of -1.02%. On the chart, we can see a falling wedge / descending triangle pattern forming, with strong horizontal support around the $295-300 zone.
The projection indicates a potential breakout to the upside, with a measured move target of around +54.8%, which could bring the price toward the $460-480 range if momentum builds.
As long as TAO holds above the key support level, the bullish breakout scenario remains valid. However, a breakdown below support would invalidate this setup and may trigger further downside.
Key levels to watch:
Support: $295-300
Resistance: $365-425
Breakout target: $460-480
TAO/USD – Sideways Under Pressure⚪ Neutral bias, watch $347.5 breakout
TAO trades at $344, struggling under SMA200 ($342). Resistance: $347.5, support: $340.5. RSI at 46, showing weak momentum. Market remains choppy — bulls need to reclaim $347.5 to confirm upside continuation.
📖 Keywords: #TAOUSD #BitTensor #CryptoLevels #NeutralTrade
TAO/USD – Pushing Through SMA200🟢 LONG above $320 – target $322
TAO trades at $320.77, just above its 200 SMA ($320). Resistance at $321.96, support at $311.05. RSI at 66 shows strong upside momentum. As long as TAO holds above $320, it may continue testing $322.
📊 Keywords: #TAOUSD #Bittensor #AltcoinSetup #CryptoLong #Momentum
ARTIFICIAL INTELLIGENCE IN CRYPTO MARKETSToday I managed to analyze this powerful Ai coin BITTENSOR, and I see future in here... Three months back we retested our FVG now we are shooting up, and we are few Pips away from breaking 50% Fibonacci golden zone from there, we confidently BUY the coin to break the highs at $780 and open new ATH at +$800. Bittensor is a new vision of BITCOIN.
BUY BITTENSOR NOW!!!
TAOBUSD – Climb Then CoilTAO climbed steadily from the $306 base to nearly $354, with multiple higher lows along the way. Recently, momentum faded and we’re seeing compression around $336–$340. This is a textbook bull trend cooling off. If the price holds above $332 and reclaims $342, LONG setups become attractive. A breakdown below $330 flips the short-term structure to bearish.
$TAO back to the lows at sub $200 (or lower)Tao looks like it's topping here, I originally thought we'd stop at $247, but price has gone a little bit further. There's more confluence in resistance at this level and one more level above, but I think gains are limited here.
I think it's likely that from here we correct back down to the lows and break them. The most likely target is the $117-135 levels. However, won't rule out the possibility that we find support at the previous low, or that we potentially go lower all the way down to $56.
Let's see how it plays out over the coming weeks.
TAOUSD Breakout and Retest Confirms Bullish StructureTAOUSD has shown strong bullish potential after breakout of two key patterns. The first pattern was a wedge, which formed between May and September 2024. This pattern is typically a bullish reversal signal, and as expected, the breakout led to a strong rally. After reaching new highs, the price then entered a bearish channel, which served as a corrective phase rather than a trend reversal. Recently, TAOUSD successfully breakout of this bearish channel and has now retested the breakout zone around $411, confirming previous resistance as a new support level.
Currently, the $400 – $411 zone acts as a critical support area that needs to hold for further upside continuation. If the price maintains strength above this level, the next key resistance to watch is $480, where previous price rejections occurred. In the medium term, the major bullish target lies at $705 – $730, aligning with a previous major high. From a trading perspective, aggressive entries can be considered around $410 – $420 during this retest, while conservative traders may wait for confirmation with a strong breakout above $480. A stop-loss should ideally be placed below $400, as a breakdown below this level could invalidate the bullish outlook.
For confirmation, volume strength should be monitored, as a breakout with low volume may indicate weakness or a potential fakeout. Additionally, broader market sentiment, particularly Bitcoin’s trend, could influence TAOUSD’s price action.
Trading signal : BITTENSOR ($TAO) - 1D - FALLING WEDGETechnical Analysis:
The price is trading within a Falling Wedge pattern, a formation that typically leads to a bullish breakout. However, confirmation is needed. A breakout above the upper trendline could trigger a rally toward $575 resistance, while a bearish breakdown may lead to further downside toward $300 support.
Momentum indicators remain neutral, with RSI-14 in a balanced range (between 30 and 70), suggesting no extreme overbought or oversold conditions.
Entry Zone:
Bullish Scenario: Enter on a confirmed breakout above the Falling Wedge, targeting $575.
Bearish Scenario: A breakdown below the wedge could push price down to $300.
Targets (Take Profit):
TP1: $575 (+30%).
TP2: $675 (if momentum sustains).
Stop Loss:
Below $290
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TAOUSD: Bulls Gearing Up or Bears Sneaking In
BINANCE:TAOUSD recently rebounded from the $353 level, a historically significant reaction zone. This level has acted as a pivot for price action, and the recent rebound signals a potential shift in momentum. A breakout above the descending trendline, combined with a candle close beyond the previous swing high, would provide stronger confirmation of a structural change. If this occurs, the next target would likely be the prior highs near $668, representing a significant upside potential.
On the other hand, if the $353 support level fails to hold, the price could decline toward $237. This level has previously demonstrated strong accumulation characteristics, serving as a reliable area for reversals and potential entry points.
The TSI indicator supports the bullish outlook, having broken above its descending trendline and formed a bullish crossover. Although the TSI is still below the zero line, crossing above this threshold would provide additional confirmation of upward momentum. Furthermore, historical data shows that the price tends to rebound when the TSI reaches the -22 level, aligning with the current technical setup.
👨🏻💻💭 What is your take on this TAOUSD analysis? Do you anticipate a bullish breakout, or are you preparing for a dip? Share your insights!
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TAO/USD SHORT. WAITING FOR BUY OPPORTUNITY AT 220 in FEB TAO: Waiting for the opportunity for the right shoulder to close. As of December 18, we are at a price of approximately 500 TAO/USD, and we are anticipating a buying price in the range of 215 TAO/USD. There is a clear and perfect head and shoulders pattern on the weekly chart that is expected by February 2025.
To track this correctly, we need to monitor the breakout of the following Fib resistance levels:
At the 0.5 Fib resistance line (466 TAO/USD)
At the 0.388 Fib resistance line (408.43 TAO/USD)
At the 0.236 Fib resistance line (366.45 TAO/USD)
And reaching the reset line at 0 (220 TAO/USD)
This is not investment advice; it is purely educational and for training purposes.
TAO USD breakdown confirmed. Bad days ahead for BittensorKey support line broken for TAO and onward movement has a lot of thin air from prior rapid price up movement. Good opportunity to short TAO. The only thing that could invalidate it would be big buy-in by whales. If that fails to happen, TAO is likely awaiting a big downward move for the foreseeable future
TAOUSD Technical Analysis Buy Entry BINANCE:TAOUSD
Buy Entry executed on daily chart.
Note: Green Yellow Candle. It is Buy Signal triggered on daily candle close. Following candle is confirmation candle. As it broke the high of Green Yellow Candle enter long with stop loss. Use trailing stop loss to manage your position.
The Biggest Market Opportunity?Not many projects in this space that have real exposure to a mega trend and are uniquely positioned to capitalize enormously like this one, I have a feeling in the coming years this will be in the hundreds of billions market cap and only then it will become obvious why.
Too much resistance upwards, lots of interest zones downwardsI was pretty bullish about GETTEX:TAO until I saw the All-time chart, this coin has done 1500% pump already since October 2023..
It's posible that the price keeps going up, yes, but I find it more profitable to buy at lower prices.
Zones of interest for buying GETTEX:TAO :
330 usd
300 usd
220 usd
200 usd
Zones of interest for selling:
450 usd
500 usd
620 usd
750 usd