๐ Technical Analysis & Trading Signals
Current Technical Outlook:
TradingView: $TAO /USDT shows a Buy signal on daily and weekly charts, and a Strong Buy on the monthly chart.
Bitget: Out of 25 indicators, 15 suggest Buy, 7 are Neutral, and 3 indicate Sell, leading to an overall Buy rating.
Binance: TAO/USDT exhibits Bullish Momentum with a Buy signal on breakout above $342โ$345, supported by high volume and a bullish MACD crossover.
Investing.com: Contrarily, it indicates a Strong Sell based on its technical indicators.
Key Technical Indicators:
MACD: Bullish crossover, suggesting upward momentum.
RSI: Approaching overbought territory, indicating strong buying pressure but caution for potential pullbacks.
Volume: High trading volume corroborates the strength of the current trend.
๐ Price Predictions
Short-Term Forecasts:
CoinCodex:
5-Day: $599.27
1-Month: $1,518.96
3-Month: $1,600.37
CoinCheckup: Predicts a price of $723.09 one week from now, a 49.93% increase from the current price.
Long-Term Projections:
Changelly: Estimates an average TAO price of $3,190 by 2030, with potential highs up to $3,611.
CoinLore: Projects a price range of $542.63 to $827.82 by the end of 2025, and up to $1,865 by 2030.
CoinGape: Foresees a price of $548.03 in July 2025.
๐ Summary
Current Price: Approximately $460
Short-Term Outlook: Bullish, with potential to reach $600โ$1,600 in the next 1โ3 months.
Long-Term Outlook: Positive, with projections ranging from $1,865 to over $3,600 by 2030.
Technical Indicators: Predominantly bullish signals, though some platforms suggest caution.
