Normal view

Yesterday — 23 March 2026Main stream

Bittensor (TAO) Price Gains Strength—Is a Breakout Above Resistance Imminent?

23 March 2026 at 21:35
Bittensor (TAO) Price Spikes on Upbit Listing, Then Stalls Breakout or Just Repricing

The post Bittensor (TAO) Price Gains Strength—Is a Breakout Above Resistance Imminent? appeared first on Coinpedia Fintech News

As the selling pressure over the markets faded to some extent, the Bittensor (TAO) price initiated a strong rebound. The token had gained significant attention since the start of the month, as the price surged by over 66%, testing $300 for the first time since early January this year. The rise is primarily driven by a surge in social engagement and ecosystem milestones that renewed attention on its decentralised AI narrative. 

Why is Bittensor Price Rising Today?

The social engagements for TAO have spiked 112% over 30 days, with 3.86 million engagements in 24 hours, a 2.5x rise in the daily average. This coincided with tangible milestones: the completion of the Covenant-72B decentralised LLM training run, Grayscale opening a private TAO trust, and subnet Targon reporting $10.5M annual revenue. 

Renewed fundamental and social momentum is attracting capital ahead of anticipated AI narrative growth. Therefore, if the platforms announce any further subnet utility, this social volume is expected to rise again. Besides, the move occurred alongside a broader market uptick, partly fueled by hopes of US-Iran de-escalation. TAO’s gain has slightly outperformed Bitcoin’s 2.25. With the sentiments slowly coiling up, the question arises whether the TAO price will rise and secure the resistance at $300.

TAO Price Analysis: Here’s the Road to $500

Despite the strong recovery, the resistance zone between $302 and $312 remains a critical barrier. This level has consistently capped upside since late 2025, making it a key breakout zone. Technically, the structure now favors the bulls, with higher lows forming and momentum improving. However, a confirmed breakout above $312 is required to validate further upside, which could open the path toward higher targets, including the $400–$500 range.

Until then, the price remains at a decisive level, with rejection risks still in play.

tao price

From an Elliott Wave perspective, Bittensor appears to be transitioning into a potential Wave 3 phase after completing a corrective structure near the $150 lows. The current rally toward the $280–$300 range suggests a developing Wave 3, although confirmation is still pending. A decisive breakout above the $302–$312 resistance zone is crucial to validate this Wave 3 extension. Failure to break higher could lead to a Wave 4 pullback toward the $240–$260 region before continuation.

Momentum indicators support a cautiously bullish outlook. The RSI is hovering near the overbought zone, indicating strengthening momentum but also signaling a potential short-term cooldown. Meanwhile, the CMF remains slightly positive, suggesting steady capital inflows, although the recent dip hints at weakening buying pressure. Overall, the structure favors the bulls, but confirmation above resistance is essential to sustain the next leg higher.

Wrapping it Up-Will TAO Price Reach $500 in Q2, 2026?

Bittensor (TAO) price is approaching a critical breakout zone, with price structure and momentum suggesting a potential continuation if key resistance is cleared. A confirmed move above the $312 level could validate the bullish setup and trigger a sustained rally.

If this breakout occurs, TAO may target the $400–$460 range by the end of the quarter. However, failure to break higher could lead to a short-term pullback before any meaningful continuation.

Aster Price Stuck in Range—Will ASTER Break $0.8 and Reach $1?

23 March 2026 at 19:40
Aster Price Stuck in Range—Will ASTER Break $0.8 and Reach $1?

The post Aster Price Stuck in Range—Will ASTER Break $0.8 and Reach $1? appeared first on Coinpedia Fintech News

Aster (ASTER) price continues to trade within a tight range despite recent bullish developments, including the launch of its Layer-1 blockchain. The token is currently hovering around the $0.65–$0.70 support zone, struggling to gain momentum after facing repeated rejection near $0.80.

While the Aster Chain launch has strengthened the project’s fundamentals, the muted price action suggests the move may have already been priced in. As a result, ASTER remains stuck in a consolidation phase, with traders closely watching for a breakout or breakdown from current levels.

ASTER Price Analysis: Consolidation Persists as Resistance Caps Upside

From a technical perspective, ASTER continues to move within a defined range, forming a base near the $0.65 support level. The price has attempted multiple recoveries, but each rally has been capped below the $0.80 resistance zone, indicating sustained selling pressure at higher levels. The chart also suggests a potential base formation, with price holding above key support despite recent volatility. 

However, the inability to form higher highs highlights a lack of strong bullish conviction, keeping the trend neutral in the short term.

aster price

Momentum indicators are beginning to reflect this indecision. The RSI is hovering near neutral levels, showing a lack of strong directional bias, while the CMF is trending lower, indicating reduced capital inflows into the asset.

This combination suggests that while selling pressure is not accelerating, buying interest remains limited. Such conditions often precede a breakout, but without a clear influx of demand, the risk of a downside move remains present.

Conclusion: ASTER at a Critical Turning Point

ASTER price is currently at a decisive level, where both technical structure and fundamentals are at odds. While the Layer-1 launch provides a strong long-term narrative, short-term price action remains weak. A breakout above $0.80 could shift momentum in favor of the bulls, potentially opening the path toward higher levels. However, failure to hold the $0.65 support may trigger a deeper pullback.

Solana Strikes $90: Will This Rebound Lead SOL Price to $100 or Face Resistance at $95?

23 March 2026 at 16:22
Solana Price Reclaims $85, but On-Chain Data Tells a More Cautious Story

The post Solana Strikes $90: Will This Rebound Lead SOL Price to $100 or Face Resistance at $95? appeared first on Coinpedia Fintech News

Solana price has staged a modest recovery after a sharp pullback, but the price continues to struggle below a key resistance zone, keeping the broader structure range-bound. While market conditions have slightly improved, SOL remains capped under the $92 level, preventing a confirmed bullish breakout.

The current setup suggests that the recent bounce may not be enough to shift momentum. Instead, the price appears to be consolidating within a defined range, raising the possibility of another move toward lower support levels before any sustained recovery begins.

With the $80 zone emerging as a crucial demand area, the next move could determine whether Solana sets the stage for a stronger rebound toward $100 or continues to trade within the existing range.

Solana Price Analysis: Range Breakdown Risk Builds Below $92 Resistance

Solana continues to trade within a well-defined range, with the price repeatedly facing rejection near the $92 resistance zone. Despite recent recovery attempts, bulls have failed to secure a breakout, keeping the price action capped within the range. The chart highlights a prolonged consolidation phase, where SOL has been forming a base between $92 and $68, indicating a balance between buyers and sellers. 

However, the recent rejection near the upper boundary suggests weakening bullish momentum.

sol price

The RSI is incremental, while the MACD is still bearish, which suggests the buying pressure has not mounted yet. With this, the possibility of a rejection may remain higher with the price heading back to the support. 

Structure & Key Zones

  • Resistance: $92
  • Range Low / Major Support: $68
  • Mid-Range Support: $80–$82 (demand zone)

The highlighted zone around $80 emerges as a critical area, aligning with your thesis of a potential liquidity sweep. A move toward this level could act as a reset, allowing stronger hands to accumulate before a possible rebound.

What Comes Next?

If Solana price fails to reclaim $92, the probability of a pullback toward the $80 support zone increases. This level is likely to attract buying interest and could act as a trigger point for a relief rally.

However, if $80 fails to hold, the downside could extend toward the $68 range low, which remains the key structural support. On the upside, only a decisive breakout above $92 would invalidate the current range-bound structure and open the path toward $100 and higher levels.

Ethereum (ETH) Price Holds Bullish Range Despite Pullback, Eyes $3,500—Here’s What’s Next

23 March 2026 at 13:29
Glamsterdam and Hegota Upgrades

The post Ethereum (ETH) Price Holds Bullish Range Despite Pullback, Eyes $3,500—Here’s What’s Next appeared first on Coinpedia Fintech News

Ethereum price is facing renewed selling pressure as market sentiment shifts in favor of the bears amid rising geopolitical tensions and rate hike concerns. The broader crypto market has dropped to around $2.35 trillion, with ETH trading near $2,053, down 1.2% over the past 24 hours.

The pullback has been largely driven by a wave of long liquidations, with over $103 million wiped out, adding to the immediate downside pressure. However, despite the short-term weakness, whale activity suggests continued accumulation, indicating that the current correction may be nearing a potential stabilization phase.

This divergence places Ethereum at a critical juncture, where the price could either extend its decline or regain strength and attempt a move toward higher targets.

Whale Profitability Signals Potential Bottom Formation

On-chain data tracking Ethereum whale behavior shows that the unrealized profit ratio has dropped to historically low levels, a zone that has previously aligned with market bottoms. The chart indicates that large holders are currently sitting on minimal unrealized profits, reducing the incentive to sell at current levels. In past cycles, similar conditions have often preceded periods of accumulation and trend reversals.

eth price

This suggests that while ETH faces short-term pressure, downside momentum could be limited as whales tend to step in during such phases. The current setup reflects a shift from profit-taking to potential accumulation, reinforcing the possibility of a stabilization phase. However, this does not confirm an immediate reversal. Instead, it highlights that Ethereum may be approaching a key accumulation zone, where the risk-reward begins to favor long-term buyers.

Historical Indicator Signals ETH Near Key Reversal Zone

A broader look at Ethereum’s historical price action suggests the asset may be approaching a critical inflection point. The lower panel indicator, which has consistently marked previous cycle bottoms, is once again hovering in the same oversold region.

In past instances—highlighted across 2019, 2020, and 2022—similar dips into this zone were followed by strong upward moves, often marking the beginning of a new bullish phase. The current reading shows the indicator revisiting those levels, signaling that ETH may be entering a historically favorable accumulation range.

eth price
Source: X

At the same time, price action remains relatively stable above key support levels, suggesting that selling pressure is not accelerating despite recent weakness. This combination of historical oversold signals and steady price structure strengthens the case for a potential trend reversal. However, as with all lagging indicators, this does not guarantee an immediate breakout. Instead, it highlights that Ethereum is trading in a zone where downside risk may be limited while upside potential begins to improve.

Conclusion: Is This Ethereum’s Bottoming Zone?

The combined data suggests Ethereum may be approaching a key accumulation phase. Falling unrealized profits reduce selling pressure, while the historical indicator signals conditions similar to past market bottoms. However, a bullish reversal is not yet confirmed. As long as ETH holds key support, the chances of a recovery toward higher targets, including $3,500, remain intact.

A breakdown, on the other hand, could extend the consolidation despite improving on-chain signals. For now, the Ethereum price sits at a critical decision point, with price action set to determine the next move.

❌
❌