BITTENSOR

$TAO /USDT – Breakout Alert & Bullish Setup
$TAO has officially broken above the long-term descending trendline, signaling a strong structural shift!

Key Highlights:
▶️ Breakout confirmed near $350
▶️ Price Near to tapped the FVG resistance zone ($400–$430)
▶️ A potential pullback toward the green FVG demand zone ($270–$310) could offer a Golden entry
▶️ If #TAO holds the FVG support and shows strength, we could see a massive rally towards $850+ in the coming weeks.
🟢 Bias remains bullish above $310
🛑 Risk management is key — wait for confirmation before entries

#bittensor $BTC #Alts $ETH

As the crypto market gains momentum in 2025, three standout projects are capturing investor attention: Solana (SOL), Bittensor (TAO), and Chainlink (LINK). Each offers unique value propositions in the evolving digital landscape.

**1. Solana $SOL : The Ethereum Challenger**
Solana has emerged as a formidable competitor to Ethereum, boasting ultra-fast transaction speeds and minimal fees. Its robust infrastructure supports a thriving ecosystem of decentralized applications, particularly in DeFi and NFTs.
Notably, Solana’s inclusion in the U.S. government’s proposed “Crypto Strategic Reserve” alongside XRP and Cardano has bolstered investor confidence.

2. Bittensor $TAO : Bridging AI and Blockchain
Bittensor is at the forefront of integrating artificial intelligence with blockchain technology. Its decentralized AI network allows for collaborative machine learning, offering a unique value proposition in the crypto space.
With a capped supply of 21 million tokens and increasing demand for AI-driven solutions, Bittensor is positioned for significant growth.

3. Chainlink $LINK : Powering the Tokenized Economy
Chainlink continues to be the leading decentralized oracle network, facilitating real-world data integration into smart contracts. Its recent partnerships with financial institutions like SWIFT and UBS underscore its pivotal role in asset tokenization.
As the financial industry increasingly embraces blockchain, Chainlink’s infrastructure is becoming essential for secure and reliable data feeds.

Final Thoughts
These three cryptocurrencies—Solana, Bittensor, and Chainlink—are not just riding the wave of crypto resurgence; they’re actively shaping the future of decentralized technology. Investors seeking opportunities beyond Bitcoin and Ethereum should keep a close eye on these projects in 2025.

Thanks for reading! If you made it this far, consider dropping a follow to stay updated on the latest crypto insights—you won’t want to miss what’s coming next! ♥️📈

++ Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions. ++

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Hastags useless wsl :)
#solana
#bittensor
#Chainlink
#Crypto2025
#AIandBlockchain

The cryptocurrency TAO (Bittensor) has been on a strong upward trend in recent days, and according to analysts, its rally may be far from over. Technical indicators and market data suggest that the price could climb another 30% in the short term.

📈 TAO Gains Momentum — and Isn’t Slowing Down
On April 28, TAO reached an intraday high of $388 before cooling slightly to around $372. That’s an 18% gain in just one week and a stunning 120% increase from this month’s low.
Meanwhile, the market cap has exploded — jumping from $1.95 billion to over $4.32 billion.

💹 Trading Activity Surges
As of April 29 (Asia morning hours), TAO's daily trading volume had risen to over $208 million, an 87% increase from the previous day.
This follows a sharp rise in open interest, which hit a three-month high of $258 million on April 25 — up from about $155 million just a month earlier.
Such a combination of price and open interest growth is widely seen as a bullish signal.

📊 Traders Are Betting on the Upside
Funding rates have flipped back into positive territory, showing that traders are willing to pay a premium to hold long positions.
On Binance, the long/short ratio for the TAO/USDT pair is 1.14, indicating a clear bias toward price increases.

🧠 Grayscale Mention Rekindles Interest
The surge in TAO’s price appears to be tied to renewed attention after Grayscale mentioned its Bittensor Trust in a post on April 28.
Although the trust was originally established in August 2024, the recent mention reignited community interest.
Grayscale’s involvement adds a layer of institutional credibility to the project.

🌐 Community and Data Are Bullish
According to CoinMarketCap:
🔹 83% of traders expect short-term gains

🔹 TAO has maintained positive social sentiment for 12 consecutive days

🔹 Google Trends shows increasing search interest in TAO
Clearly, TAO is becoming a hot topic among both retail and institutional investors.

📉 Technicals Point to Strong Momentum
On the daily chart, TAO recently broke out of a multi-month falling wedge — a pattern widely seen as bullish.

It’s now moving within an ascending channel and approaching key resistance near $400.

📊 The Chaikin Money Flow indicator hit 0.13, signaling strong buying pressure.

✨ Golden Cross Signals More Gains
A golden cross just formed on the chart, where the 20-day EMA crossed above the 50-day EMA — another classic bullish sign.
The last time this occurred, TAO surged nearly 140% within a month.

🎯 Target: $485?
If current momentum continues, the next major resistance is around $485, which would represent a 30% gain from the current price.
Analyst Quinten called the breakout above $360 significant and believes that retesting it as support could pave the way for a new move higher.

#TAO , #bittensor , #CryptoNewss , #CryptoMarketMoves , #crypto

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“