The price of Bittensor (TAO) has increased by 15% in the last 24 hours, as it competes with RENDER for the second spot among the largest AI-focused cryptocurrencies, with VIRTUAL holding the top position. The uptrend is supported by strong technical indicators and positive sentiment surrounding AI-related tokens. The Ichimoku Cloud chart for TAO shows a bullish setup, with the price breaking above the red cloud and indicating a shift in market sentiment. The ADX for TAO has increased significantly, suggesting a strong trend and growing momentum. If the current uptrend continues, TAO's price may test resistance levels at $565 and $645, potentially making it the biggest AI coin in the market. However, if the uptrend loses momentum, TAO's price could face a correction, with potential support levels at $487 and $449.



Other News from Today