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Bittensor’s price fell from a peak of $450 on May 24, declining 11.79% over the last week.  If the price stays below the $420 level, it could risk falling to the support range of $390.  Analyst Michaël van de Poppe expects TAO to reach $700–$800 if it breaks above $472. Bittensor’s native token, TAO, is attracting market attention as it attempts to move past the major resistance zone. At the time of writing, TAO is trading at $401.68 after the price dropped by 11.79% over the past week. Following its recent peak of $449.68 on May 24, the token has become much more volatile with bulls and bears struggling for dominance around the $400 level. According to TradingView data from May 30, 2025, TAO is currently consolidating above $400 after being unable to continue pushing past the $450 resistance. Between $450 and $472.30 lies the critical resistance region, acting as a barrier since early 2025.  Analyst Michaël van de Poppe points out that this area acts as the “final resistance,” and a breakout could lead to a surge upward. He sees prices below $400 as an attractive entry, considering TAO as a unique performer in his portfolio. $TAO looks great, as it’s fighting the final resistance. Ideally, sub $400 is a steal for this one in which we continue to show an uptrend even if it drops south of that level. It’s the only one in my portfolio nicely holding up and I think we’ll be seeing $700-800 soon. pic.twitter.com/9XBAxQlr1M — Michaël van de Poppe (@CryptoMichNL) May 30, 2025 Support and Accumulation Zones Define Market Structure After a long downtrend, TAO has quickly recovered, and its prices have been volatile recently. In March 2025, the token’s value declined, and it dropped below $250. Then, it surged upward again to regain…

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Filed under: News - @ May 30, 2025 11:22 pm