Bittensor (TAO) price has surged by 15% in the past 24 hours, positioning itself as a strong contender against RENDER for the second spot in the AI-focused cryptocurrency market, with VIRTUAL leading the pack. The positive market sentiment towards AI-related tokens is evident in TAO's upward trend, supported by robust technical indicators. The Ichimoku Cloud chart for TAO shows a bullish setup, with the price breaking above the red cloud, indicating a shift in market sentiment towards buyers. The ADX for TAO has spiked to 29, signaling a significant increase in trend strength and potential for further uptrend. If TAO maintains its current momentum and stays above key support levels, it could target resistance levels at $565 and $645, potentially becoming the top AI coin. However, a retracement back into the cloud may signal a loss of bullish momentum. Investors should conduct thorough research and seek professional advice before making any financial decisions. Read more AI-generated news on: https://app.chaingpt.org/news