Here’s Where Bittensor (TAO) Price Could Move Next After Months of Choppy Trading

CaptainAltcoin
TAO1,54%
XRP-1,69%

The Bittensor (TAO) price has spent months moving sideways, frustrating both bulls and bears. Every dip into the lower part of the range brings buyers back in, but rallies keep stalling before price can push into the upper supply zone.  The result is a market that feels stuck, with sharp moves inside a wider range and no clear trend yet. This behavior stands out because it has been repeating for a long time.  The TAO price is not collapsing, but it also cannot build enough momentum to break higher. That balance between buyers and sellers is what keeps price trapped.

  • Why the support zone keeps holding FOr TAO
  • What the Bittensor chart is saying right now
  • The Bull and Bear Case for TAO

Why the support zone keeps holding FOr TAO Top analyst CyrilXBT shared on X that Bittensor has been range-bound for months, and the lower support zone continues to do its job.  Each time the Bittensor price dips into this area, buyers step in quickly. That tells us there is still strong demand at these levels. Long-term holders and patient buyers seem comfortable accumulating here rather than chasing higher prices. This support zone has now been tested multiple times. Repeated tests usually weaken a level, but in TAO case, buyers have defended it well so far. Volume spikes near these lows also suggest real interest, not just short-term bounces. At the same time, the TAO price has failed to reclaim the upper supply zone around the $650 to $750 area. Every attempt to move higher runs into selling pressure. That zone remains the key ceiling holding the price down. What the Bittensor chart is saying right now On the chart, TAO is clearly moving inside a wide range. The lower box acts as support, while the upper box acts as resistance. Price is currently closer to the lower end of that range, which is why this area matters so much. Momentum indicators reflect this uncertainty. RSI has been moving sideways, showing no strong trend.  OBV also looks flat, suggesting there is no clear accumulation or distribution phase yet. Volatility has picked up slightly, which often happens before a larger move, but direction is still unclear. _Read Also: _****Pundit Predicts Ripple’s XRP Price Could Reach $100 by 2030 – Here’s the Full Argument

Source: X/CyrilXBT

The Bull and Bear Case for TAO TAO is at a key support level. If buyers keep defending it, a short-term bounce is likely, with price moving back toward the middle of the range.  A real bullish shift would only happen if the TAO price breaks and holds above the upper supply zone, which would signal a new trend instead of more sideways action. On the downside, losing this support on the weekly chart would break the range. With little support below, price could drop quickly before finding new buyers.  This makes the current level critical, as it decides whether TAO stays range-bound or moves into a deeper decline. Right now, the Bittensor price is at a decision point. The market is waiting for confirmation, either a strong defense of support or a clear breakdown. Until one of those happens, choppy trading is likely to continue. For now, traders are watching the same thing CyrilXBT highlighted. Does TAO hold the lower zone and bounce again, or does it finally lose it and break the range? The answer to that question will likely define TAO’s next major move.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Pump.Fun Fees Fixed, But Meme Coin 95% Loss Issue Remains Unresolved

Pump.Fun co-founder Alon announced restrictions on token creator fee allocation changes, allowing only a single modification to enhance trading transparency. However, over 95% of users still recorded losses due to unresolved structural issues including token supply oversupply, early participant advantages, and rapid liquidity withdrawal. This update did not fundamentally change market conditions.

MarketWhisper5m ago

The RWA Yield Infrastructure Trade

The essay highlights challenges in direct RWA token exposure, emphasizes the potential in leverage opportunities amid settlement delays, critiques Morpho's governance token structure, and presents Fluid as a more effective token model with stablecoin links.

CoinDesk52m ago

Pi Network Price Drop Alert: Token Unlock and Profit-Taking Trigger Selling Concerns

Pi Network's price fell approximately 37% this week, failing to break through the key resistance level of $0.20. Supply-side pressure has increased, including large-scale token unlocks and rising exchange reserves, while weak demand is reflected in declining trading volume. In the short term, technical indicators lean bearish, with $0.17 as the key support level for bulls; a break below could lead to further downside toward $0.15. Overall market sentiment is influenced by geopolitical factors, and any rebound will require volume support.

MarketWhisper1h ago

Bitcoin Options Worth $18.6 Billion Set to Expire, 92% of Bullish Contracts at Risk of Expiring Worthless

Bitcoin monthly options will expire on March 27, with open interest reaching $18.6 billion, of which call options account for $11.2 billion. As high as 92% of call contracts are expected to expire worthless, with bears holding structural advantages. Macroeconomic factors such as inflation, geopolitical conflicts, and credit tightening are pressuring the market, with liquidity sensitivity around options expiration potentially impacting the spot market.

MarketWhisper2h ago

Willy Woo: Poor Performance of Crypto Market Traceable to FTX Liquidation Mechanism, Continued Popularity of Cash-and-Carry Arbitrage Strategy Keeps Releasing Selling Pressure

Crypto analyst Willy Woo指出,当前市场情绪低迷主要由于FTX破产后锁仓代币折价交易及期货对冲机制的影响。这导致普通投资者难以获得超额收益,建议关注比特币等核心资产。

BlockBeatNews2h ago

Stagflation 2.0 Signal Exposed: Gold and Oil Divergence, Bitcoin Converges Toward Digital Gold

Recently, Brent crude oil prices have declined while gold continues to rise, displaying stagflationary market characteristics. Bitcoin's price movement has gradually decoupled from oil and shifted toward tracking gold, reflecting institutional investors' view of it as a hedge asset. The Federal Reserve's high interest rate policy has intensified market concerns about inflation and economic growth slowdown. This phenomenon is historically closely associated with major macroeconomic shifts.

MarketWhisper2h ago
Comment
0/400
No comments