Bittensor’s TAO token has surged over 160% to $375 following a TD Sequential buy signal. Crypto analyst Ali Martinez noted the current TD Sequential now shows a short-term sell signal, potentially triggering profit-taking. The token faces technical resistance at $322.33 and $358.34 while trading with a market cap of $3.5 billion.
The cryptocurrency Bittensor (TAO) is drawing market attention following a significant uptrend. At the time of writing, TAO is trading at $322.3 with a 24-hour trading volume of $1.2 billion and a market capitalization of $3.5 billion.
On March 28, 2026, crypto analyst Ali Martinez pointed out how Bittensor’s TD Sequential Indicator had triggered a buy signal. The token subsequently rose by more than 160% from $144 to a high of $375.
However, the TD Sequential Indicator is now flashing a sell signal. “This was accurate, as the token has risen by more than 160%,” Martinez stated regarding the earlier buy signal.
TAO is currently facing resistance at $322.33 and $358.34 on its moving average ribbon. These levels may challenge the token’s rising momentum if it cannot trade past them.
Technical indicators present a mixed picture, with the RSI at 55.86 suggesting improving bullish momentum. The MACD remains below its signal line at -22.87, while its histogram is at -35.13, indicating momentum is turning positive but lacking a confirmed trend reversal.
Market analysts maintain optimism about TAO’s prospects based on strong fundamentals and demand for AI and blockchain technology. The recent price action underscores the asset’s growing presence, though investors are advised to monitor technical signals and resistance levels closely.
