TAO Price Shows Bullish Divergence Ahead of Potential Reversal
The price of TAO has shown signs of a bullish divergence against its BTC pair, potentially setting up a trend reversal that could mirror NEAR's prior move.
This confluence of technical indicators, including a bullish golden cross on the MACD and an RSI(14) reading of 78.51 in overbought territory, suggests a healthy retracement toward the EMA50 support at $232.26 before continuation higher.
The setup aligns with TAO price prediction models that factor AI industry impact over the past six months.