Bittensor (TAO) Price Analysis By Analyst Highlights An 2x Expectation!
The Bittensor (TAO) predicted via an analyst JoshTrades highlights that price could attain 2x run, as it shows sustenance at a critical support zone between $215 to $200. Thus, the analyst shared optimistically via his tweet post that the $450 price level could attract its price like a magnet.
Based on the analyst's bullish perspective, the daily chart highlights a three-candlestick pattern that goes by three white soldiers, which signifies bullishness. At press, it has traded at $267.35, which appears to be approaching dynamic EMA hurdles. The RSI flashed at 48.26, which has taken a U-turn from oversold territory and seems headed towards overbought. MACD has built a bullish cross below the zero line, with a growing histogram at 4.61.
Forecast Of TAO Price On Daily!
If the Bittensor (TAO) manages to rise above the anticipated falling wedge and pops out a breakout, then the first interruption would be at $300, which is followed by $353.
On the contrary, failing to pass the dynamic upper trendline could reflect back toward the demand zone at $200 and $150.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.