1. Bittensor (TAO) Climbs to Multi-Month Highs
Bittensor's TAO token, which powers a decentralized machine-learning network, has surged 78% in the past week, hitting levels not seen since April. With high buying pressure, as indicated by its rising on-balance volume (OBV), TAO is on the verge of breaking above $634.60. This could lead to a rally toward its all-time high of $780. The bullish momentum and market confidence make TAO a must-watch this October.
2. Robonomics Network (XRT) Sees Surge in Demand
XRT, the utility token for the Robonomics decentralized cloud storage provider, has seen an impressive 83% increase over the past week, trading at $4.72. With strong demand, reflected by its rising Chaikin Money Flow (CMF) and on-balance volume (OBV), XRT could reach $7.71 if buying pressure continues. However, traders should be cautious of potential profit-taking, which could drive XRT back to $1.84.
3. Render (RENDER) Rallies Past Key Moving Averages
RENDER has jumped 31%, now trading at $6.10, and has broken through its 20-day exponential moving average (EMA) and 50-day simple moving average (SMA), key resistance levels it struggled with since June. If RENDER continues this momentum, it could rally to $7.26, flipping these averages into new support levels and signaling further gains.
4. Anyone Protocol (ANYONE) Enjoys Bullish Bias
The ANYONE token, part of a decentralized privacy network, has risen 68% in the past week to $1.23. The Parabolic Stop and Reverse (SAR) indicator shows a strong bullish trend, suggesting that ANYONE’s price could climb to $1.45. However, a bearish turn could push the token down to $0.86.
5. Iagon (IAG) Guarantees Further Gains
IAG, the utility token for Iagon’s AI-driven shared storage and compute economy, has risen 63% over the last week, trading at $0.12. The MACD indicator shows continued bullish momentum, which could push IAG to $0.28. If buying pressure fades, the token might retrace to $0.10.
