Bittensor narxTAO

BitTensor (TAO) Price Analysis – Eyeing the $277 Breakout BitTensor (TAO) continues its impressive upward trajectory, currently trading around $255, after previously bouncing from the $200 support level. The last analysis identified $200 as a crucial support zone, and so far, price action has respected it, maintaining bullish momentum. Key Levels: Support: $200 – A strong psychological and technical base. Resistance: $277 – A breakout above this level, confirmed by two daily candle closes, would signal a potential rally toward the $350 region. Technically, a double bottom formation appears to be developing on the daily chart, suggesting bullish continuation if validated. However, failure to conquer and hold above $277 could lead to a pullback back towards $200. Conclusion: TAO is shaping up for a potential breakout. Traders should watch for confirmation above $277 for a move toward $350. Until then, the $200 support remains critical. $TAO

BabySwap (BABY) has faced an extraordinary collapse, losing nearly all of its value within a short period. Once trading around $0.11, the token now sits near $0.001567 a 98.60% drop. This sharp decline has shaken investor confidence and raised questions about the project’s future. While the plunge suggests panic selling or a fundamental breakdown, technical indicators are starting to flash early signs of a potential rebound. This mix of destruction and faint recovery signsis is worth a closer look. The extreme downward move lacked any consolidation, which typically signals forced selling or an external shock. Situations like this often result from team exits, token contract issues, or an abrupt exchange delisting. Related: Bitcoin, Altcoins Fall as US Tariff Hike on China Spooks Global Markets Low 24-hour trading volume ($32.9K) also shows trader lack of interest and worry. With a market cap reduced to roughly $973.51K, BABY trades at microcap size, adding to price swing risk and making its path hard to guess. BABY currently holds just above its closest support around $0.0015. If this breaks, it could fall to $0.0010, a key psychological level. Beyond that, $0.0005 becomes the next logical floor. These levels lack strong historical backing, making downside moves potentially severe. Related: Four Altcoins, Four Stories: XRP, TAO, ETH, HBAR Set for Critical April? On the flip side, resistance levels are significantly spaced out. The first meaningful hurdle lies at $0.0050, which may act as a recovery checkpoint. The $0.0100 level serves as a halfway mark from the crash and could trigger heavy selling pressure. The original high of $0.111 remains out of realistic reach unless a major project overhaul occurs. Despite the crash, technical signals suggest short-term bullish momentum. The Relative Strength Index (RSI) has climbed to 52.63 from a recent low of 39.37, indicating recovering demand. Additionally, the MACD indicator has shown a bullish crossover. The histogram is turning green, and momentum is tilting upward. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

$TAO Breakout Confirmed !

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TAO/USDT purchase 235.5