Bittensor’s TAO has climbed by 15% in the last 24 hours, positioning it as a top contender among AI-focused cryptocurrencies. The bullish rise is backed by the Ichimoku Cloud and ADX metrics, hinting at robust growth potential. This surge reflects heightened investor interest in AI-driven coins.
The continued bullish momentum of TAO is not without challenges. With resistance anticipated at 565 USD, any failure to sustain this momentum could see a price correction. If downward trends prevail, the price is expected to dip to 449 USD, marking a significant retracement in TAO’s recent gains.
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