Bittensor’s price has experienced a substantial surge, reaching $469 with strong support established above the crucial $168 level. The RSI stands at 68.30, nearing overbought territory but momentum remains positive. Looking ahead to May 2025, technical analyses suggest promising bullish trends for Bittensor (TAO). As per CMC data, Bittensor is currently trading around $469 with an intraday surge of 13%. The asset has demonstrated resilience by building a base above $168, serving as a significant psychological support level. The exponential moving average (EMA) chart reveals a positive recovery in the TAO price. Currently, Bittensor is trading above both the 50-day and 200-day EMAs, reflecting bullish momentum. Technical indicators suggest a shift from bearish to potentially bullish territory with the EMA positioning signaling a change in market sentiment. The tightening of the EMAs often signals an impending substantial price movement.