Bittensor TAO
Current Price
$303.24 -0.34%
$13.58 Daily Range (4.48%)
$293.75$307.33
$260.58M Daily Volume
3,916 BTC
Vol/MktCap: 8.96%
Market Performance
0.64% Relative BTC Volume
The total volume of Bittensor is $260.58M over the past 24 hours, compared to $40.58B total Bitcoin volume.
Hourly Moving Average
8 SMA $300.50 +0.91%
13 SMA $299.89 +1.12%
21 SMA $301.42 +0.60%
55 SMA $307.37 -1.34%
144 SMA $312.44 -2.95%
Price Performance
+1.00% 1 Hour Change
$303.24 from $300.23
-10.86% 7 Day Change
-$32.92 from $336.16
+5.62% 14 Day Change
$17.03 from $286.21
+67.01% 30 Day Change
$203.19 from $100.05
All Time High
March 7, 2024
$757.60 -60.08%
-$455.15 vs. now
24H Change
-15.68M USD -0.54%
-236 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
867.05K TAO
traded over past 24 hours
9.03% 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 $302.95, reflecting a slight decline of 0.70% over the past 24 hours. The asset has experienced a daily range of 13.58%, with a high of $307.33 and a low of $293.75, indicating volatility but also potential trading opportunities.
Trading volume stands at 260,567,017, representing 8.98% of its market cap, suggesting a healthy level of activity that can support liquidity. The short-term moving averages indicate a bullish sentiment with the 8 SMA and 13 SMA both showing positive trends, while the longer-term averages are more bearish, particularly the 144 SMA which has decreased by 3.04%.
The 1-hour RSI at 59 indicates that TAO is nearing overbought conditions, while the 7-day RSI at 47 suggests that it has room to move upward in the short term. However, the 7-day price change of -10.94% indicates a recent downturn, contrasting with a strong 30-day price increase of 66.84%, showing potential for recovery if upward momentum continues.
Given the current price compared to its all-time high of $757.60, there is significant upside potential for Bittensor. However, the mixed signals from moving averages and RSI readings suggest caution, as the asset is currently facing resistance levels at higher moving averages.
Considering the technical indicators, market activity, and recent price movements, a Hold rating is appropriate at this time. The asset has the potential for recovery in the longer term, but short-term traders should be cautious due to recent volatility and bearish longer-term indicators.
Trading volume stands at 260,567,017, representing 8.98% of its market cap, suggesting a healthy level of activity that can support liquidity. The short-term moving averages indicate a bullish sentiment with the 8 SMA and 13 SMA both showing positive trends, while the longer-term averages are more bearish, particularly the 144 SMA which has decreased by 3.04%.
The 1-hour RSI at 59 indicates that TAO is nearing overbought conditions, while the 7-day RSI at 47 suggests that it has room to move upward in the short term. However, the 7-day price change of -10.94% indicates a recent downturn, contrasting with a strong 30-day price increase of 66.84%, showing potential for recovery if upward momentum continues.
Given the current price compared to its all-time high of $757.60, there is significant upside potential for Bittensor. However, the mixed signals from moving averages and RSI readings suggest caution, as the asset is currently facing resistance levels at higher moving averages.
Considering the technical indicators, market activity, and recent price movements, a Hold rating is appropriate at this time. The asset has the potential for recovery in the longer term, but short-term traders should be cautious due to recent volatility and bearish longer-term indicators.
Updated 10 minutes ago.
Bittensor Relative Price at Market Cap of:
Bittensor TradingView Chart
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