TAO – Bittensor Daily Analysis

March 11, 2025 TAO – Bittensor Daily Analysis TAO – Bittensor Daily Analysis

March 11, 2025 TAO/USDT TAO - Bittensor Daily Analysis
TAO – Bittensor Daily Analysis

Outlook

TAO current price is 244.00 USDT and the current market cap is 67.464.519 USDT. This chart period started 210 days ago (14 August 2024) with a total of 99 days closing above the opening price and 111 days closing below the opening price. The lowest price was 212.40 USDT on 11 March 2025, and the highest price was 748.30 USDT on 06 December 2024. The current price is 14.88% above the lowest price and 67.39% below the highest price.

Moving Average

Moving Averages (Closing Prices):5-Day Moving Average: 252.9422-Day Moving Average: 340.2050-Day Moving Average: 368.76100-Day Moving Average: 443.10250-Day Moving Average: 424.51

Moving Average Analysis

The current price is %3.53 lower than the 5-Day moving average and has been below it for 3 days.The current price is %28.28 lower than the 22-Day moving average and has been below it for 9 days.The current price is %33.83 lower than the 50-Day moving average and has been below it for 14 days.The current price is %44.93 lower than the 100-Day moving average and has been below it for 18 days.The current price is %42.52 lower than the 250-Day moving average and has been below it for 16 days.

Trends

The longest uptrend in the 210 day period is 9 days. It started at 288.30 USDT on 16 September 2024 and ended by increasing by 91.43% to 551.90 USDT on 25 September 2024.The longest downtrend is 7 days. It started at 349.00 USDT on 25 August 2024 and ended by decreasing -24.44% to 263.70 USDT on 01 September 2024.

Support & Resistance

This review was made for the last 7 daysLast 7 days support levels: Support: 281.10 USDT on 06-03-2025 Support: 271.60 USDT on 07-03-2025 Support: 265.50 USDT on 08-03-2025 Support: 238.20 USDT on 09-03-2025 Support: 212.50 USDT on 10-03-2025 Support: 212.40 USDT on 11-03-2025Last 7 days resistance levels: No resistances found.No support or resistance levels found.

Volume

Fetched 335 data points, less than 500 days of data. Adjusting limit.The previous trading day’s volume (10-03-2025) 276,753.98 USDT. Highest volume in the last 210 days is 775,832.17 USDT on 03-02-2025. Lowest volume in the last 210 days is 31,617.44 USDT on 17-08-2024. Difference between highest and lowest volume is 2353.81%.

Volume Moving Averages

( Excluding Today)
5-day Moving Average Volume: 170,111.19 USDT22-day Moving Average Volume: 204,471.55 USDT50-day Moving Average Volume: 206,709.53 USDT100-day Moving Average Volume: 171,842.97 USDT250-day Moving Average Volume: 129,260.14 USDT

Volume Moving Averages Comparison

Volume of the previous trading day: 276,753.98 USDT
Previous day’s volume is 62.69% higher than the 5-day moving average.Previous day’s volume is 35.35% higher than the 22-day moving average.Previous day’s volume is 33.89% higher than the 50-day moving average.Previous day’s volume is 61.05% higher than the 100-day moving average.Previous day’s volume is 114.11% higher than the 250-day moving average.

Percentage Differences Between Moving Averages:

5-day moving average is -16.80% lower than the 22-day moving average.22-day moving average is -1.08% lower than the 50-day moving average.50-day moving average is 20.29% higher than the 100-day moving average.100-day moving average is 32.94% higher than the 250-day moving average.

Volume Trend

The longest consecutive volume increase started on 15-09-2024 with a volume of 71,103.91 USDT and ended on 20-09-2024 with a volume of 185,938.17 USDT, lasting for 5 days and representing a 161.50% increase.The longest consecutive volume decrease started on 11-02-2025 with a volume of 233,446.74 USDT and ended on 16-02-2025 with a volume of 60,141.83 USDT, lasting for 5 days and representing a 74.24% decrease.

Price Volume Coorelation

During the longest volume increasing period price increase from 302.00 USDT to 407.60 USDT, which represents a 34.97% change.During the longest volume decreasing period price decrease from 412.60 USDT to 359.80 USDT, which represents a -12.80% change.

Strategy

It has closed with a decline for the last two days. However, if the uptrend continues tomorrow, the previous day’s open can be the stop-loss, and a ‘long’ position can be taken.
Legal Disclaimer: This Chart and The Accompanying Analyses Are Not Investment Advice.

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