Bittensor (TAO) Price Analysis By Analyst Highlights An 2x Expec

By Sam_TCR
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.
Chart PatternsTechnical IndicatorsTrend Analysis

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