Bittensor (TAO) Poised for 125% Surge, Says Popular Analyst
Crypto analyst Michaël van de Poppe sees significant upside potential for Bittensor (TAO), a blockchain-based machine-learning network, while also sharing insights on Bitcoin and Ethereum.
In a recent update, Van de Poppe expressed confidence in TAO’s momentum, predicting a surge of over 125% that could propel it to a fresh all-time high.
He believes the growing intersection of crypto and artificial intelligence will be a key driver behind its rise, suggesting the asset could surpass $1,000.
According to his analysis, Bittensor has established strong support around $340 and is currently navigating resistance near $500.
The token is trading at approximately $445, still down 40% from its peak of $758.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Controversy Over Ethereum and Actions Against North Korean Hackers
Could Ethereum’s Prices Echo 2016-18 Cycle? – Anticipating Record Highs by 2025
Exploring the Potential of a New All-Time High for ETH through Analyst Predictions and Network Activity Trends by 2025
Understanding Ethereum’s Recent Divergence and How It Impacts ETH Price Recovery Possibilities
Potential Reversal Looms: How Traders' Uncertainty Could Impact Ethereum's Price Bounce Back
Blockchain Association Urges Congress to Repeal IRS DeFi Broker Rule
Trending news
MoreCrypto prices
More
