Bittensor price prediction: Can new buying options lift TAO further? TAO gains 7.23%

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Bittensor gains 7.23% today to $222.60

Highlights

Bittensor (TAO) is now available for direct online purchase with a credit card via the Bitget exchange, offering multiple fiat gateways and instant spot account crediting.
The purchase process on Bitget is described as beginner-friendly, aiming to streamline access for new entrants seeking exposure to TAO.
There are no official partnerships or endorsements between Bittensor and Bitget as of the latest updates, clarifying their independent operational status.

Direct fiat access via Bitget drives beginner inflows without formal endorsements

Recent news highlights that Bittensor (TAO) can now be bought directly online using a credit card through the Bitget exchange, which supports multiple fiat deposit gateways and instant credit to spot accounts upon payment. The process is described as beginner-friendly, and there are no partnerships or endorsements between Bittensor and Bitget mentioned in current updates.

Bearish momentum persists as resistance holds and oscillators signal oversold

Technical analysis reveals persistent bearish momentum, with the asset trading below its short, medium, and long-term moving averages. The Ichimoku kijun serves as the nearest dynamic resistance at $261.95, while recent price action does not signal clear dynamic support below current levels. Daily and weekly MACD both indicate 'Sell,' the ADX at 24.35 is weak and signals a lack of strong trending direction, and oscillators such as Stoch RSI (19.05), CCI (–107.68), and RSI (31.82) show significant oversold conditions. The Bull/Bear Power (–20.28) confirms seller dominance, and the Awesome Oscillator remains neutral, signaling a lack of clear reinforcement for either buyers or sellers.

Further downside likely as weak support and strong sell signals persist

Over the short term, TAO is expected to remain within a volatility band of $208.00 – $240.00 relative to current levels, reflecting typical price fluctuations. With strong 'Sell' signals on major weekly indicators and moving averages, there is a low probability of a sustained upward move, while further downside or choppy sideways action is more likely. A bullish breakout needs a decisive close above $240.00 and the Ichimoku kijun at $261.95 to shift sentiment. Breaching below $208.00 would open the market to additional declines given the absence of nearby support.

Viktoras Karapetjanc, expert at Traders Union, notes that Bittensor (TAO) remains under pressure as all major moving averages signal a bearish trend. He sees oversold indicators and recent positive news about Bitget credit card purchases as supporting high interest and potential for a turnaround. Macro and fundamental sentiment are stabilizing, but price must clear $240.00 to shift momentum. The analyst remains moderate but positive on recovery potential in the coming sessions. "A break above key resistance could trigger a fresh bullish phase, so I’m watching for confirmation before getting aggressive."

Previously it was reported that Bittensor (TAO) continues to trade well below major moving averages, with technical indicators such as RSI, MACD, and ADX confirming oversold conditions and persistent bearish momentum. Dynamic resistance is present near the Ichimoku Kijun level, with no strong support above current price, and the probability of further declines remains elevated as volatility persists.

Source of Data: TAO Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.