Bittensor TAO
Current Price
$299.65 -2.21%
$16.64 Daily Range (5.55%)
$296.56$313.20
$156.59M Daily Volume
1,700 BTC
Vol/MktCap: 5.44%
Market Performance
0.29% Relative BTC Volume
The total volume of Bittensor is $156.59M over the past 24 hours, compared to $54.39B total Bitcoin volume.
Hourly Moving Average
8 SMA $298.34 +0.44%
13 SMA $299.86 -0.07%
21 SMA $302.36 -0.90%
55 SMA $298.66 +0.33%
144 SMA $289.04 +3.67%
Price Performance
+0.57% 1 Hour Change
$299.65 from $297.96
+5.49% 7 Day Change
$16.45 from $283.20
-1.37% 14 Day Change
-$4.10 from $303.75
-23.07% 30 Day Change
-$69.13 from $368.78
All Time High
March 7, 2024
$757.60 -60.44%
-$457.93 vs. now
24H Change
-62.67M USD -2.13%
-681 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
513.62K TAO
traded over past 24 hours
5.35% 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 $298.8, reflecting a slight decline of 0.91% over the past 24 hours. The daily trading range shows volatility, with a high of $313.2 and a low of $296.56, indicating a 16.64% daily range which suggests active trading.
Volume stands at $163,479,450, representing a 5.70% ratio to market cap, signaling healthy market participation. The hourly moving averages indicate a bearish trend, with the 8 SMA at $300.69 and 13 SMA at $302.09 both showing negative percentages, while the 55 SMA at $297.13 is the only short-term average displaying a slight gain.
The RSI metrics illustrate a nuanced picture; the 1-hour RSI is critically low at 20, suggesting that the asset may be oversold in the very short term. In contrast, the 7-day RSI at 48 indicates a neutral momentum, while longer-term trends show a 30-day price change down by 23.13%, highlighting a bearish sentiment.
The recent price fluctuations reveal that TAO has experienced a 5.29% increase over the past week, but this is overshadowed by a 3.84% decline over the last 14 days. The all-time high remains significantly distant at $757.6, creating a considerable gap that may attract speculative interest if momentum shifts positively.
Given the technical indicators of moving averages signaling bearish pressure and the low RSI suggesting oversold conditions, a cautious approach is warranted. Therefore, the recommendation for Bittensor (TAO) is a Hold rating, as it may be positioned for a short-term rebound but lacks sufficient upward momentum to justify a Buy at this time.
Volume stands at $163,479,450, representing a 5.70% ratio to market cap, signaling healthy market participation. The hourly moving averages indicate a bearish trend, with the 8 SMA at $300.69 and 13 SMA at $302.09 both showing negative percentages, while the 55 SMA at $297.13 is the only short-term average displaying a slight gain.
The RSI metrics illustrate a nuanced picture; the 1-hour RSI is critically low at 20, suggesting that the asset may be oversold in the very short term. In contrast, the 7-day RSI at 48 indicates a neutral momentum, while longer-term trends show a 30-day price change down by 23.13%, highlighting a bearish sentiment.
The recent price fluctuations reveal that TAO has experienced a 5.29% increase over the past week, but this is overshadowed by a 3.84% decline over the last 14 days. The all-time high remains significantly distant at $757.6, creating a considerable gap that may attract speculative interest if momentum shifts positively.
Given the technical indicators of moving averages signaling bearish pressure and the low RSI suggesting oversold conditions, a cautious approach is warranted. Therefore, the recommendation for Bittensor (TAO) is a Hold rating, as it may be positioned for a short-term rebound but lacks sufficient upward momentum to justify a Buy at this time.
Updated 120 minutes ago.
Bittensor Relative Price at Market Cap of:
Bittensor TradingView Chart
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