Bittensor Gears Up for Initial TAO Halving, Anticipating a Possible Bullish Rally
Bittensor Halving Event: Bittensor's first halving on December 14, 2025, will reduce the supply of its native currency, TAO, by half, potentially leading to price appreciation due to increased scarcity.
Price Momentum: The price of Bittensor has shown bullish momentum, trading around $293, with technical indicators suggesting a possible breakout above $300, potentially reaching $400 if resistance levels are overcome.
Market Influences: Bittensor's price is also influenced by broader cryptocurrency market trends, particularly movements in Bitcoin and Ether, which could affect its bullish outlook.
Potential Risks: Despite positive signals, there is a risk of a price pullback if Bittensor falls below the $280 support level, which could lead to further declines towards $250.
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Technical Analysis for TAO
Technical Sentiment Analysis for Bittensor (TAO) As of , Bittensor (TAO) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TAO stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TAO is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bittensor (TAO) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 64.073 | 103.437 | 144.073 | 183.437 | 224.073 | 263.437 | 304.073 |
| Fibonacci | 103.437 | 133.997 | 152.877 | 183.437 | 213.997 | 232.877 | 263.437 |
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