$TAO As of November 2024, Bittensor (TAO) is currently in a somewhat bearish phase, experiencing a significant drop from recent highs due to rising selling pressure. Its price has fallen to around $557.47, with expectations for short-term fluctuations. However, analysts see potential for recovery in the coming months. With dynamic upgrades underway, including improved decentralized AI capabilities, TAO could potentially break resistance and rise back above $625 in the short term.
For a more conservative outlook, analysts predict TAO will range between $382.85 and $419.50 for the rest of 2024, averaging near $400.
Target Buy Price: Around $400
Potential Short-Term Target: $625
Long-Term (2025) Target: $545–$665.
These predictions highlight the resilience of TAO in the long run, though caution is advised in the current market volatility.