\n\t\t\t\t\t\t\t\t\tTAO \u201clooks like it\u2019s about to go on a massive run,\u201d one analyst argued.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Many leading cryptocurrencies have posted slight declines or negligible increases over the past 24 hours, but this isn\u2019t the case for Bittensor (TAO), whose price soared by 15%.<\/p>\n
The question now is whether this momentum can hold or if a pullback is coming next.<\/p>\n
Further Gains Ahead?<\/h2>\n
Earlier today (March 20), TAO\u2019s price soared to $306 (per CoinGecko data), the highest since the start of December 2025. Its market capitalization pumped to roughly $2.7 billion, making it the 35th-biggest cryptocurrency.<\/p>\n The most evident catalyst of the resurgence appears to be the discussion between NVIDIA\u2019s CEO Jensen Huang and the well-known entrepreneur Chamath Palihapitiya. Both men endorsed the project, with Huang praising<\/a> Bittensor for successfully training a 4-billion-parameter Llama model using a fully distributed computing model.<\/p>\n According to multiple market observers, the price has yet to reach new peaks. X user John claimed<\/a> that TAO \u201clooks like it\u2019s about to go on a massive run,\u201d while Ardi envisioned<\/a> a pump to $360-$370 if TAO initiates a decisive breakout above the $302 resistance level.<\/p>\n Andrew Crypto and Altcoin Sherpa also chipped in. The former forecasted<\/a> heightened volatility in the coming months and an eventual rise beyond $500 after the summer. For their part, Altcoin Sherpa doesn\u2019t see the current conditions as a perfect buying opportunity, although the comments from NVIDIA\u2019s boss might change the picture.<\/p>\n \u201cThis is not a great place to be buying, but with NVIDIA having their conference and AI being in the news, maybe you can consider top blasting and not caring. Strong bounce; sad I didn\u2019t take it earlier like I charted,\u201d the analyst stated<\/a>.<\/p>\n<\/blockquote>\n Those curious to observe other recent price predictions involving Bittensor\u2019s native cryptocurrency can take a look at our dedicated article here<\/a>.<\/p>\n Contrary to the aforementioned optimism, TAO\u2019s exchange netflow suggests the price may soon head south. Over the past several days, inflows have outweighed outflows, meaning that investors have been flocking toward centralized platforms and abandoning self-custody. This doesn\u2019t guarantee a price crash but is typically considered as pre-sale behavior.<\/p>\n The asset\u2019s Relative Strength Index (RSI) also signals trouble ahead for the bulls. The indicator has soared past 70 on a daily scale, thus entering overbought conditions, which could be a precursor of a pullback. The RSI ranges from 0 to 100, with anything below 30 considered a buying opportunity.<\/p>\n LIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n\n
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![\"TAO](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/TAO-Price.png\")
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