Is It Too Late to Buy Bittensor? TAO Price Soars 100% with the Rise of an Exclusive Telegram Crypto Casino – How to Play?

Crypto News
Crypto News

21 Nov 2023 1:16 PM

As the AI narrative sweeps back into the market, machine learning protocol Bittensor has seen TAO price explode in a dramatic +100% move - but could this...

  • The AI narrative is back in the market, causing the price of Bittensor's TAO token to increase by 100%.
  • Traders are bullish on TAO, but a healthy retracement is expected.
  • Bittensor is currently trading at $248, with a 24-hour change of -13.60%.
  • The 20DMA and 200DMA have formed a golden cross, indicating strong technical form.
  • There is a supply zone offering support between $137 and $160, with calls for lower retracement support at $150.
  • The RSI suggests a healthy retracement, while the MACD indicates bullish momentum.
  • TAO has an upside target of $307 and a downside risk of $230.
  • Capital is shifting to the TG.Casino presale, which has raised over $2.7 million.
  • TG.Casino is a fully licensed casino integrated into Telegram, offering a range of games and a no-KYC protocol.
  • The $TGC token facilitates instant transactions and offers security through encryption.

The sentiment in the article is mostly positive, with traders being bullish on TAO and the TG.Casino presale gaining significant attention.

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You May Ask

What caused the price of Bittensor's TAO token to increase by 100%?What is the current trading price of Bittensor?What technical indicators suggest strong form for Bittensor?What is the upside target and downside risk for TAO price?What is the unique feature of the TG.Casino presale and how much funding has it raised?

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