{"id":7240,"date":"2025-05-23T11:03:00","date_gmt":"2025-05-23T10:03:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=7240"},"modified":"2025-05-23T10:36:38","modified_gmt":"2025-05-23T09:36:38","slug":"bittensor-tao-signal-surge-500-soon","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bittensor-tao-signal-surge-500-soon\/","title":{"rendered":"Major Signal Indicates Bittensor (TAO) Could Surge to $500 Before Weekend"},"content":{"rendered":"\n

Bittensor (TAO) : Buyer Dominance<\/h2>\n\n\n\n

Bittensor (TAO)<\/a><\/strong> is experiencing an impressive bullish momentum, with a 13.16%<\/strong> increase in 24 hours, bringing its price to $463.2<\/strong> after peaking at $474<\/strong>.<\/p>\n\n\n\n

After a pullback from its recent peak of $488<\/strong>, TAO successfully defended the key support level of $400<\/strong>, demonstrating significant resilience. The trading volume surged by 122%<\/strong>, reaching $588 million<\/strong>, a sign of renewed interest in this decentralized artificial intelligence token.<\/p>\n\n\n\n

Order Delta analysis over the last 24 hours reveals a clear dominance of buyers<\/strong>. With a positive Delta index of 3.89k<\/strong>, the buying volume (32k) outweighs the selling volume (28.19k).<\/p>\n\n\n\n

This bullish trend is also evident in the derivative markets, where Open Interest (OI) has surged by 20.59%<\/strong> to reach $260.8 million<\/strong>. This increase suggests that investors are predominantly taking a bullish stance, reinforcing TAO’s momentum.<\/p>\n\n\n\n

Imminent Golden Cross : 13% Upside Potential ?<\/h2>\n\n\n\n

From a technical perspective<\/a>, TAO is showing compelling bullish signals. The 50-day Exponential Moving Average (EMA) is rapidly approaching the 200-day Moving Average, indicating a potential “golden cross”<\/strong>.<\/p>\n\n\n

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\"TAO<\/figure>\n<\/div>\n\n\n

This crossover, where the short-term moving average crosses above the long-term moving average, often signals a continuation of the uptrend<\/strong>. “Historically, a golden cross on assets like TAO precedes significant rallies,” notes Julien Bittel, a strategist at Global Macro Investor. If this pattern materialises, TAO could quickly test the psychological level of $500<\/strong>.<\/p>\n\n\n\n

However, analysts remain cautious. “A decisive breakout above $500 will require sustained volume and a lack of selling pressure,” warns Bittel. In case of failure to maintain this momentum, a correction towards the $403<\/strong> support level is still possible, particularly if sellers regain control.<\/p>\n\n\n\n

Expert Forecasts : Heading Towards a New High ?<\/h2>\n\n\n\n

The outlook for TAO is optimistic, driven by increasing demand and strong fundamentals<\/strong> within the decentralized AI ecosystem. “Bittensor is benefiting from growing interest in AI projects, and its unique technology is attracting institutional investors,” states Clara Medalie, research director at Kaiko.<\/p>\n\n\n

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\"TAO<\/figure>\n<\/div>\n\n\n

Some experts predict that TAO could reach $550<\/strong> by the end of the quarter if the bullish momentum persists, although macroeconomic uncertainties could impede this ascent.<\/p>\n\n\n\n

Over 3 days, the bearish divergence of the Woodies CCI signals caution as a correction<\/strong> could occur in the medium term<\/strong>. In the short term, the CCI remains positive, and TAO is expected to target the $500 mark in the coming days.<\/p>\n\n\n\n

In conclusion, with a 13% increase, active trading<\/a> in the derivative markets, and an impending golden cross, Bittensor (TAO) <\/strong>stands at a crucial juncture. A breakout above $500 could pave the way for new highs, but increased vigilance is needed against a potential correction<\/strong>. Investors should monitor volumes and technical indicators to anticipate the next move.<\/p>\n\n\n\n

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Buy TAO on Bitget and earn $10 !<\/a><\/div>\n<\/div>\n\n\n\n

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