Bittensor Price Plummets as Prediction Targets $150.80 by August
The price of Bittensor (TAO) has been experiencing a bearish trend in recent days. According to CoinCodex's prediction, TAO is expected to drop by -23.27% in the next five days and reach a price of $150.80 by August 22, 2026.
In the last 24 hours, Bittensor lost -3.11% against the US Dollar, while its price against Bitcoin (BTC) decreased by -4.05%. The total crypto market cap also dropped by -2.61% during this period.
The key support levels for TAO are $194.75, $193.76, and $192.36, while the resistance levels are $197.15, $198.55, and $199.55. The Fear & Greed index is currently at 31 (Fear), indicating a negative sentiment in the market.
The technical indicators for Bittensor suggest that the coin is trading above its 50-day Simple Moving Average (SMA 50) and 200-day SMA 200 trendlines, which are considered bullish signals. However, most of the indicators (96%) favor a negative prediction for TAO, resulting in an overall bearish sentiment.