BitTensor (TAO) hunts fire in the encryption market. Technical indicators flashing bullish signs, supported by the increasing institutional interest. Merchants note the presence of high size and prominent whale activity, indicating a strong upward momentum.
It stimulates potential stimuli such as the rumor Coinbase menu and the upcoming DTAO launching investor, which paves the way for a possible penetration in the evaluation of the encrypted currency.
BitTensor sees daily size and whale accumulation
Crypτaoshlu’s encryption analyst has noticed that Tao recently recorded the highest candle per day, allowing for a strong purchase pressure.
$ Tao Only the top of the candle was 1D at all.
With the Coinbase menu that looms on the horizon as confirmed by adding the road map yesterday and DTAO just 10 days, I think we see a 1B+ 1D 1D candle and a four -numbers candle $ Tao In the non -distant future.
The size precedes the price.
drain. https://t.co/aanzyl3i6w pic.twitter.com/xvkjushmed
Crypτaoshluϙ | Dubai (Cryptoshlug) February 4, 2025
The expected menu on Coinbase, which you confirmed to add to the Exchange map leads more speculation. Crypτaoshluϙ predicts that Tao can soon exceed the daily trading volume of one billion dollars, as price levels may reach four numbers soon.
Data support this series The upcoming expectationsWith the highlight of the CW that the whales were strongly bought long situations, even during the last Habbudian artifacts. This accumulation has contributed to rapid prices, which exceeded most of the other projects.
CW also referred to a cup style and handle that is formed on the TAO chart, a classic artistic signal for imminent penetration.
Tau Cup and dealing with hacking in playing
According to CW’s Tao Chart, the textbook cup and the formation of the handle are clear. The cup, which was formed between August and November, displays a round bottom, a accumulation sign. The handle erupted, in the form of a descending wedge, recently the size of a strong purchase, indicating a continued possible rise.
Whales were quick to buy long jobs in $ Tao Even during the declining direction.
And recover the price $ Tao Faster than any other project.
Flass Cup and handle.
The real bull market is about to start. https://t.co/95euoem62w pic.twitter.com/5kiczq8lg
CW (@cw8900) February 4, 2025
The main support levels are between $ 320 and $ 350, as the purchasing interest remains strong. Resistance levels range from $ 400 – 420 dollars and $ 480 to $ 500, with a potential raising to $ 700 if the momentum persists. The analyst’s scheme notes that if Tao exceeds 375 to 400 dollars, this will confirm the penetration, which paves the way for the continuation of the upward trend.
Also read: Artificial intelligence predicts the price of stars (XLM) when XRP reaches $ 10
Feelings and expectations of the market in Tao
The market’s feeling about Tao is still very optimistic. The current price data appears from Coingecko Tao Trading at $ 371.76,, Which reflects the gain of 18.90 % in the past 24 hours, despite a decrease of 15.63 % during the past week. The recovery indicates that the correction phase may end, giving way to the new upward trend.
If the volume continues to rise, Tao can enter the discovery of prices, targeting $ 500 – 700 dollars in the short term. Analysts believe that continuous accumulation and technical power indicate a large gathering, which enhances the opinion that the real bull market for Tao has just started.
Follow us X (twitter)and Coinmarketcap and Binance Square For more daily encryption updates.
Get all our future calls by joining A free telegram group.
We recommend etoro
The community of active users and social features such as news extracts, and chats to obtain specific metal coins available for trading.
A wide range of assets: cryptocurrencies along with other investment products such as stocks and traded investment funds.
Trading copies: It allows users to copy prominent traders trading, for free.
Easy to use: ETORO web platform on the web -based etoro and the mobile application is easy to use and easy to move.
