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TAO Price Alert: Funding Rates Just Flipped Positive and Open Interest Hit a Record – Is Bittensor About to Smash Through $400?

TAO Price Alert: Funding Rates Just Flipped Positive and Open Interest Hit a Record – Is Bittensor About to Smash Through $400?

Cryptonews
Author:
Cryptonews
Release Time:
2026-04-08 10:42:44
0

Bittensor (TAO) is flashing a critical bullish signal as its funding rates flip positive for the first time in weeks, coinciding with near-record open interest of over $407 million. This pivotal shift, where longs now pay shorts, has historically preceded explosive TAO rallies, setting the stage for a potential breakout above the key $341 resistance level toward $400.

Source: Coinglass

Bitcoin’s own bullish momentum is providing a favorable backdrop. If BTC consolidates above key levels, TAO’s breakout attempt carries significantly higher odds of follow-through.

TAO Price Prediction: Can Bittensor Price Hit $400 This Week?

TAO is currently holding above its 50-day, 100-day, and 200-day Exponential Moving Averages — clustered in the $258–$275 range, keeping the broader uptrend structurally intact.

The RSI on the daily chart reads 68, positive territory without triggering overbought signals. The MACD line is climbing toward the signal line above zero, and a contracting negative histogram signals that the post-correction bearish pressure is fading.

Immediate support sits at $298, closely aligned with the 38.2% Fibonacci retracement at $294 (measured from the $142 low to the $539 high).

Source: Tradingview

The critical near-term trigger is $341 — the 50.0% Fibonacci retracement. A daily close above $341 would open the path toward $388, the 61.8% retracement, and ultimately the psychological $400 level.

TAO is sitting right at that decision point where structure is either about to break out or roll over, because $341 is the level that unlocks momentum, and a clean close above it can send price quickly toward the $388 to $400 zone, especially with the ETF angle and fresh capital flowing into the ecosystem adding real fuel behind the move.

For now though it still looks like a build phase, with price ranging between $298 and $341, tightening up and forming a base, which usually means the market is loading up before the next bigger move rather than rushing into it.

The line you cannot ignore is $294, because if that breaks on a daily close, the structure starts to fall apart and price likely slides back toward the mid $200s, which completely kills the idea of a strong second leg higher.

LiquidChain Targets Early Mover Upside as Bittensor Tests Key Levels

TAO’s bullish setup is real, but at $335 with a $400 target, the upside math is roughly 19%. For traders who missed the 74.61% run from $167 lows, the risk/reward at current levels demands more precision than most are comfortable deploying.

That compression of asymmetry is exactly where early-stage infrastructure plays attract attention.

LiquidChain is a Layer 3 infrastructure project positioning itself as the cross-chain liquidity layer — fusing Bitcoin, Ethereum, and Solana liquidity into a single execution environment.

The architecture centers on four pillars: a Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and a Deploy-Once system that lets developers access all three ecosystems without rebuilding for each chain.

The project has been gaining visibility as institutional capital flows accelerate into L3 infrastructure. The presale is currently priced at $0.01447, with $646,857.56 raised to date. Presale-stage assets carry meaningful risk — liquidity is thin and execution is unproven. That caveat stands.

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