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The Bittensor price pumped over 5% in the last 24 hours to trade at $357.51 as of 9:39 p.m. EST as traders go long on the crypto.
With the latest gain, the TAO price is now up more than 40% on the weekly time frame, and over 30% in the green on the longer-term monthly time frame.
Bittensor Price Approaching Resistance After A Strong Rally
Daily chart for TAO/USDT (Source: TradingView)
The Bittensor price is attempting to break above a resistance level at $359.60 after a multi-day rally over the past week. Should the crypto clear this technical obstacle within the next 24 hours, it could continue climbing all the way up to $421.20.
However, failure to establish a position above $359.60 within the next 24 hours could mark the end of the crypto’s impressive performance. In an alternative scenario, the Bittensor price might end up falling towards the nearest support level at $295. Continued sell pressure if the crypto plunges to this point could then end up in a drop to as low as $255.
Bittensor Price In Overextended Territory, Will It Continue To Rise?
From a technical standpoint, indicators on the daily chart such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) warn the Bittensor price is reaching overextended conditions.
In the last 24 hours, the MACD line has stopped breaking away above the MACD Signal line. This might be an early indication of TAO’s bullish cycle nearing its end.
Meanwhile, the RSI line is positioned above its Simple Moving Average (SMA) line on the daily chart. Although the current alignment of these two lines is bullish, traders will want to be on the lookout for any drop in RSI readings.
In the last few days, the RSI has risen from the low 40s to above 70, signaling growing buyer strength. Now, however, the latest value warns the Bittensor price is in overbought territory. This is usually seen as a sell signal, because high RSI values suggest a crypto’s downside potential is greater than its upside potential.
There are, however, instances where RSI readings remain high for sustained periods of time. This is usually when a crypto is pumping.
As the Bittensor price tries to continue its rally, investors are also buying into a new AI-meme coin hybrid called MIND of Pepe (MIND). Prominent YouTube channel 99Bitcoins, which has over 725K subscribers, predicts MIND could print 10X gains once it launches.
MIND Could Challenge PEPE With Its Higher Levels Of Utility
Frog-themed PEPE has taken the crypto market by storm, and has risen to become the third largest meme coin by market cap. Now, MIND of Pepe, with its much higher levels of utility, is on a mission to dethrone PEPE and potentially even rise to the top of the crypto rankings.
MIND of Pepe certainly has the technology to become a crypto giant, and introduces a sophisticated AI agent that can monitor chatter online in real-time and spot developing market trends early through hive-mind analysis.
Once it has identified a new trend that could lead to profitable trade opportunities, it shares its insights with MIND holders through token-gated groups, giving them an edge in the market.
MIND of Pepe’s AI can steer the market narrative as well, and engage with influencers and investors online completely autonomously to shift the market in favor of MIND holders. It can even launch new tokens, hype them up, trade them, and reinvest any of the profits back into MIND. With every new token launch, the AI agent gives MIND holders first buy-in.
The Web3 community will soon get a glimpse of how powerful the MIND of Pepe AI agent is with the team recently announcing that the AI will go live on May 10.
MIND of Pepe AI agent is coming to X — May 10th 🔥
We’re proud to announce that MIND of Pepe, our autonomous AI agent, goes live on May 10th.
This isn’t a trading bot. MIND is a purpose-built intelligence system that ingests and cross-validates real-time data from across the… pic.twitter.com/rEuMsWKLu8
— MIND of Pepe (@MINDofPepe) April 23, 2025
Investors Bet Big On MIND’s Future
MIND of Pepe is already pulling investors in with its ongoing presale, which has raised over $8.2 million in early-stage funding so far.
Investors that want to get in at this ground level can do so by purchasing MIND via the widget embedded on the project’s website. Selling for just $0.0037365, MIND can be bought with either ETH, USDT, BNB, USDC or bank card.
Once purchased, the tokens can also be locked up in the project’s presale staking pool for an attractive 273% APY.
Buyers looking to secure the best deal will want to act fast, because MIND’s price will undergo multiple increases as the presale progresses. The next price adjustment will come into effect in around 21 hours.
Visit the MIND of Pepe website.
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