The cryptocurrency market has fluctuated significantly in recent days, with AI-related altcoins like BitTensor (TAO) experiencing notable price drops. Despite this, some traders and analysts believe an AI altcoin bull run may be coming.
BitTensor (TAO) is currently experiencing a downtrend, with its price falling from a high of $642 to its current value of $583.90, reflecting a 9.07% drop over the past day. Trading volume remains high, at $358.72 million, suggesting continued activity despite the decline.
Key support levels to watch are $580, a psychological threshold, and $550, which aligns with previous lows. If the price falls below these levels, further downside could be expected. On the other hand, a move above $600 would signal a potential reversal, with the next resistance around $640.
NEAR Protocol (NE…
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