The current price of Bittensor (TAO) is $572.27, reflecting a 15.72% increase over the last 24 hours. TAO is listed on 19 exchanges, with a trading volume of 351,023 coins, amounting to $200,880,483.
Today, TAO opened at $497.18, showing a rise of 15.10% since the opening. After a dip to $487.02, it is attempting to climb higher. TAO has gained over 124.56% compared to last month's price. In the past 30 and 7 days, its value has decreased by 7.08% from the maximum price, while it has risen by 158.35% and 20.92% from the minimum recorded prices during those periods.
According to our analysis, TAO needs to remain above $553.90 to target the first major resistance level at $611.84. A breakthrough above this level could push TAO towards the next resistance at $640.19, with a further resistance at $698.83.
If the price declines, the initial support level to monitor is $553.90. Should this level fail, a drop to the next support level at $517.54 may be expected.
