Bittensor (TAO) Price Stalls, Unlikely to Extend Rally Into First Week of April

For weeks, Bittensor (TAO) surged hard, but recently it has slowed down.

Momentum is weakening, and TAO’s price is struggling to break higher. Meanwhile, resistance is holding firm. 

As a result, the altcoin’s market structure is shifting from expansion to consolidation. Therefore, a continued rally into the first week of April appears unlikely. 

Here is what could be next for TAO’s price.

Rally Pauses Near Resistance

TAO is losing short-term momentum after a strong rally, with price now entering a consolidation phase just below a key resistance zone.

While the broader trend remains bullish, current signals suggest the market is at a critical decision point.

TAO’s price has surged from below $180 to a local high near $360, confirming a strong upward structure.

However, price is now hovering around $316, struggling to push higher. This slowdown reflects weakening momentum after an extended move.

At the same time, the structure is shifting. On the 4-hour chart, TAO’s price is forming a tight consolidation range between $300 and $335.

This range sits just below a major resistance zone near $370, which has already triggered a sharp rejection.

As a result, buyers are showing hesitation at higher levels.

Meanwhile, momentum indicators are cooling. The Relative Strength Index (RSI) has dropped toward the midline near 47, signaling a loss of bullish strength.

This shift indicates that buying pressure is fading. However, RSI is not oversold, suggesting there is still room for either direction.

In addition, the Bull Bear Power (BBP) has flipped negative. This confirms that sellers are beginning to gain short-term control.

Still, the selling pressure remains moderate, not aggressive.

Should bulls fail to hold the $300 level, downside pressure could accelerate. In that case, the TAO price may retrace toward the $260- $280 demand zone, where previous accumulation occurred.

Buyers Absorb Selling Pressure

In the meantime, TAO spot flows show rising accumulation despite intermittent sell pressure.

Recently, netflows flipped positive with multiple green spikes, signaling renewed inflows as price recovers toward the $315–$350 range. 

Earlier, heavy outflows aligned with the downtrend into February. However, the current shift suggests improving sentiment. Still, occasional red spikes highlight profit-taking.

If inflows persist, they could support continuation higher, reinforcing the ongoing TAO price recovery.

TAO Price Forecast: Consolidation to Linger

TAO continues to stabilize after its sharp rebound from the $143 macro low, with price now consolidating above the $295 support.

This level, aligned with the 0.382 Fibonacci retracement, has firmly flipped into demand.

As a result, buyers are defending structure and sustaining short-term control.

However, upside momentum is now being tested near $342, which marks the 0.5 Fibonacci resistance. 

Price recently tapped this zone and pulled back slightly, signaling early signs of seller presence.

Even so, TAO’s price still trades above its short-term moving average, reflecting underlying strength.

Meanwhile, the Moving Average Convergence Divergence (MACD) remains bullish, with both lines trending upward and momentum holding firm.

The Money Flow Index (MFI), however, is easing from higher levels, suggesting cooling buying pressure.

If bulls reclaim $342, continuation toward $390 becomes likely. Otherwise, rejection could drive a retest of $295.

For now, consolidation dominates, but momentum still leans cautiously bullish.

About the Author

Victor Olanrewaju

Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.

With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.

He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.

In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.

At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.

He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.

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