Cryptocurrency TAO experiences an 11% drop in value, settling under the $500 mark. Users wonder about future prospects.
Bittensor (TAO) Shows Promising Price Projections for 2025
In a recent analysis, several predictions for Bittensor’s (TAO) price movements in 2025 have emerged, offering a mix of cautious optimism and anticipated volatility.
CoinPedia projects a potential high of $779 for TAO in 2025, with an average price around $519 and a potential low near $260. NFT Evening notes that TAO is currently trading around $410–$420 as of June 2025, after a significant pullback from April 2024’s all-time high. The short-term outlook is neutral-bullish if TAO sustains above $450–$472 resistance, with possible upside to $500–$550 or higher. BLOX expects a gradual upward trend throughout 2025, forecasting a price near €385 (approx. $400-420) by year-end. Changelly’s technical analysis indicates TAO’s price may range between $1,000 and $1,120 in August 2025, but with recent dips and some bearish concerns, the short-term outlook could remain volatile despite strong fundamentals.
The recent 35% rally in TAO is likely due to renewed investor confidence and ecosystem developments, such as expanding AI subnets and increasing institutional interest. However, the mention of bearish divergence suggests momentum indicators might be warning of a potential near-term correction or consolidation despite the rally. Maintaining key support levels around $400–$450 will be critical for bullish continuation; failure to hold these levels might lead to a retracement toward lower price bands (sub-$260 to $400). Long-term optimism remains supported by ongoing technical infrastructure expansion and growing use cases, indicating TAO could reach new highs during favorable market conditions, especially in forthcoming AltSeasons.
Currently, Bittensor (TAO) is trading below the long-term resistance at $500. This sets up TAO for a potential rally to the local high at $489. The $400 level is a notable magnetic zone, as indicated by the liquidation heatmap. In the event of a price drop, a bullish reversal would occur from the $392-$400 area. The $420 and $442 levels are significant for potential short-term price action. The token surpassed its June high of $443 earlier in July.
In the lower timeframes, TAO is consolidating, with price action restricted from $425-$435 over the weekend. The MFI made a lower high while the price made a higher high, indicating a bearish divergence. A bearish divergence between the price action and the momentum of the asset led to an 11% price reset.
It is important to note that traders are advised to be patient and avoid trading the lower timeframes due to potential choppiness. The weekly and daily swing structures for Bittensor (TAO) are both bullish. The price could meander between these two levels, consolidating and building up steam before its next impulse move.
In related news, Bitcoin (BTC) saw a 0.65% price dip on the 28th of July. However, the impact on TAO’s price action is not immediately clear. As always, investors should closely monitor critical resistance zones, volume trends, and market conditions to gauge the strength of any future moves.
In summary, after the rally and with bearish divergence signals, TAO’s price may experience short-term consolidation or pullbacks but shows strong potential for an upward trend throughout 2025, with targets ranging approximately from $400 to as high as $1,100 depending on market momentum and fundamental progress.
- The current price of TAO, after a significant pullback from April 2024's all-time high, is hovering around $410–$420 according to NFT Evening, but some price predictions suggest it could reach $779 at its highest in 2025.
- Crypto investors should monitor critical resistance zones, volume trends, and market conditions for Bittensor (TAO), as its price may experience short-term consolidation or pullbacks, but has strong potential for an upward trend in 2025, with targets ranging from approximately $400 to as high as $1,100.
- TAO surpassed its June high of $443 earlier in July, but the MFI made a lower high while the price made a higher high, indicating a bearish divergence that may lead to potential near-term corrections or consolidation.
- Bittensor's (TAO) price projections in 2025 are influenced by numerous factors such as investing, finance, technology, and crypto markets, including Bitcoin (BTC), as well as the token's own ecosystem developments, like expanding AI subnets and increasing institutional interest.
