Crypto
Bittensor Crypto Price Stuck at $196 Amid Conflicting Signals
The price of Bittensor crypto (TAO) has been stuck at $196 for several days, caught between conflicting signals from its daily and hourly charts.
On the daily chart, TAO's price remains below both the 50-day EMA at $207.16 and the 200-day EMA at $239.10, indicating a neutral-to-cautious trend.
However, on the hourly chart, the price has flipped bullish, with real conviction in both RSI and MACD readings, suggesting a short-term bounce within a larger downtrend.
The Fear & Greed Index sits at 27, squarely in fear territory, and total crypto market cap is essentially flat near $2.27 trillion, according to CoinGecko data, which suggests subdued risk appetite for altcoins broadly.