Bittensor TAO
Current Price
$283.98 +0.15%
$8.99 Daily Range (3.17%)
$278.79$287.78
$156.79M Daily Volume
1,707 BTC
Vol/MktCap: 5.76%
Market Performance
0.34% Relative BTC Volume
The total volume of Bittensor is $156.79M over the past 24 hours, compared to $45.45B total Bitcoin volume.
Hourly Moving Average
8 SMA $281.57 +0.86%
13 SMA $281.73 +0.80%
21 SMA $282.23 +0.62%
55 SMA $283.96 +0.01%
144 SMA $280.98 +1.07%
Price Performance
-0.44% 1 Hour Change
$283.98 from $285.25
+2.67% 7 Day Change
$7.57 from $276.41
+29.68% 14 Day Change
$84.29 from $199.69
-2.87% 30 Day Change
-$8.16 from $292.14
All Time High
March 7, 2024
$757.60 -62.57%
-$474.03 vs. now
24H Change
-153.34K USD -0.01%
-2 BTC
Volume and Supply
Total Supply: 21.00M TAO 
9.60M TAO Available45.70% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
1.05 x BTC Supply1:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
553.48K TAO
traded over past 24 hours
5.77% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Bittensor AI Market Analysis
Bittensor (TAO) is currently priced at $283.29, reflecting a minor decline of 0.0133% over the last 24 hours. The trading range for the day has been between $278.79 and $287.78, indicating a daily volatility of approximately 8.99%, which suggests a relatively active trading environment.
The volume for the past 24 hours stands at 141,455,168 TAO, equating to a volume-to-market cap ratio of 5.20%. This level of trading volume, combined with the recent price movements, indicates a healthy interest among traders, although the slight downward price shift may signal cautious sentiment in the market.
Analyzing the moving averages, the 8 SMA at $281.57 and the 13 SMA at $281.73 are both showing upward trends, suggesting potential short-term bullish momentum. However, the 55 SMA at $283.96 is declining, which could indicate resistance at higher levels, and the 144 SMA at $280.98 shows a positive trend, indicating that support is present around this price point.
The Relative Strength Index (RSI) for both the 1-hour and 7-day periods is at 45 and 51, respectively. This positions TAO in a neutral zone, indicating that the asset is neither overbought nor oversold, which may suggest a period of consolidation before a significant move.
Over the last 30 days, TAO has seen a slight decline of 3.11%, but over the past 14 days, there has been a notable increase of approximately 29.23%. The overall trend is positive when viewed in the medium term, despite the recent short-term fluctuations, and the all-time high of $757.60 suggests significant upside potential.
Based on the current analysis, including the price action, volume, moving averages, and RSI indicators, I assign a Hold rating for Bittensor (TAO). The market shows mixed signals, and while there is potential for upward movement, the existing resistance and recent price performance warrant caution before making any aggressive buying decisions.
The volume for the past 24 hours stands at 141,455,168 TAO, equating to a volume-to-market cap ratio of 5.20%. This level of trading volume, combined with the recent price movements, indicates a healthy interest among traders, although the slight downward price shift may signal cautious sentiment in the market.
Analyzing the moving averages, the 8 SMA at $281.57 and the 13 SMA at $281.73 are both showing upward trends, suggesting potential short-term bullish momentum. However, the 55 SMA at $283.96 is declining, which could indicate resistance at higher levels, and the 144 SMA at $280.98 shows a positive trend, indicating that support is present around this price point.
The Relative Strength Index (RSI) for both the 1-hour and 7-day periods is at 45 and 51, respectively. This positions TAO in a neutral zone, indicating that the asset is neither overbought nor oversold, which may suggest a period of consolidation before a significant move.
Over the last 30 days, TAO has seen a slight decline of 3.11%, but over the past 14 days, there has been a notable increase of approximately 29.23%. The overall trend is positive when viewed in the medium term, despite the recent short-term fluctuations, and the all-time high of $757.60 suggests significant upside potential.
Based on the current analysis, including the price action, volume, moving averages, and RSI indicators, I assign a Hold rating for Bittensor (TAO). The market shows mixed signals, and while there is potential for upward movement, the existing resistance and recent price performance warrant caution before making any aggressive buying decisions.
Updated 4 minutes ago.
Bittensor Relative Price at Market Cap of:
Bittensor TradingView Chart
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