Bittensor's TAO token has surged 160% in the past month, reaching a high above $370 before pulling back to around $327. Despite this rally, a golden cross pattern on the chart historically preceded an average 40% decline in TAO's price, suggesting a potential drop to about $200 by early May. The RSI indicator remains overbought, signaling a possible correction, while social media interest is high but investor sentiment remains cautious. These factors imply that while TAO has strong momentum, a significant price correction could be imminent based on past trends.
Bittensor (TAO) dropped below the $200 support level, hitting a monthly low of $193 due to increased futures outflows and declining open interest, indicating reduced exposure by derivatives traders. Despite the bearish momentum, spot market data show...
NEAR Protocol's price rose above $2, supported by renewed interest in AI-related cryptocurrencies and an 83% surge in trading volume. The token is breaking out of a falling wedge pattern, with a confirmed breakout above $2.03 potentially driving pric...
