TAO Poised for Next Rally as Key Accumulation Zone Holds
Cryptocurrency analyst Michaël van de Poppe believes Bittensor (TAO) is trading in an ideal accumulation zone, setting the stage for a possible breakout.
In a recent update, van de Poppe highlighted the $350–$370 region as the optimal range to buy dips, citing a healthy bounce from that level.
The analyst’s chart outlines a potential scenario where TAO reclaims momentum above $470. A clear breakout from this resistance could trigger a strong impulse move, with the next target projected between $700 and $800.
The accompanying chart by van de Poppe shows a clean structure of higher lows and outlines the current range of consolidation as a foundation for further upside. He labels the green support area as the “ideal zone for buying the dips,” reinforcing bullish conviction if the level continues to hold.
According to CoinMarketCap data, at the time of writing TAO is priced around $398, up 0.41% over the past year. The project boasts a market cap of $3.49 billion and has seen an 80% jump in 24-hour trading volume, which now sits at $232 million.
The token’s circulating supply matches its total supply at 8.75 million, with a capped maximum of 21 million TAO.
Bittensor’s fundamentals remain intact, and the technical structure suggests a potential move to new highs if the $470 zone is reclaimed decisively. With strong volume and solid on-chain metrics, TAO could be setting up for its next leg up — provided the broader market remains supportive.
Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
