📈 Analysis and forecast for $TAO : further prospects 🚀
As of May 25, 2025, 09:45 EEST, the rate $TAO on Binance is $430.2, with a growth of 1.5% over the last 24 hours. The trading volume for the day is around $148M, and the market capitalization is $3.15B (with a circulating supply of 7.38M TAO). There is moderate interest in Bittensor in the market due to its role in decentralized AI.
Technically, $TAO is in a consolidation phase. On the 4-hour chart, the price holds above the 50-day moving average ($415), and the RSI (14) at 52 indicates neutral momentum. Key levels: support — $425, resistance — $440. A breakout above $440 could push the price to $460, but a drop below $425 would increase pressure towards $400.
Forecast: in the short term (by the end of May), TAO could reach $460 with increased volume. By July 2025, a correction to $400 is possible due to weak dynamics, but with positive news, growth to $550 is realistic. The long-term target for 2026 is $750+, assuming the expansion of the Bittensor network and the adoption of AI solutions. Fundamentally, the project benefits from a unique model of decentralized machine learning, although competition with major players remains a challenge.
Further prospects? After a rise of 1.5% and the current price of $430.2, movement towards $440–$460 is likely. For entry, wait for confirmation above $440. For holders, profit-taking is justified as we approach $460. High volatility and dependence on news require caution — monitor BTC dynamics and ecosystem development! #TAO #Binance #CryptoAnalysis
