TAO Soars Past $317, Bulls Eyeing $460 and Potential $777 Surge

TAO’s price has surged past the $317 mark, marking an impressive 81% recovery from its March lows. This powerful rebound signals a bullish shift in sentiment and potential for mid-term rally growth. The surge, fueled by strong volume, technical indicators, and aggressive accumulation, is pushing TAO towards the next significant level of $460 with longer term targets potentially reaching the $777 mark. 2025’s data shows a clear market cycle – after peaking near $600 in late 2024, TAO entered a sharp downward trend until early March, ultimately dropping over 70% before rebounding strongly. Currently, short- and medium-term moving averages sit below current prices, indicating support for the price while bulls push through resistance between $320 and $330. This breakout from a six-month descending channel hints at the potential for a larger rally. Captain Faibik notes that TAO reached an impressive high of $317.5 on April 22, 2025, representing a robust 12.19% daily gain. This strong momentum is being driven by increasing buying pressure and significant volume spikes. Traders now expect the price to reach $460 in the near future with long-term targets of $777.