Tao Price Forecast: Funding Rates Turn Positive and Open Interest Reaches All-Time High – Is TAO Poised to Exceed $400?

Bittensor (TAO) is on the move. TAO cryptocurrency is trading above $340 on Wednesday, reflecting an increase of over +8% for the week, and derivatives data is beginning to appear favorable for a potential second upward leg.

Open interest remains high, funding rates have just turned positive, and the technical configuration has yet to show signs of deterioration. The key question is not about the existence of momentum, but whether the $341 resistance can finally be breached.

According to CoinGlass data, futures open interest across exchanges reached an all-time high of $554.98 million on March 26. Following a slight pullback, open interest stands at $407.58 million as of Wednesday; it remains elevated and is trending upward.

TAO’s funding rate turned positive on Tuesday, currently at 0.008%, indicating that longs are compensating shorts. Historically, similar reversals in funding rates have preceded significant price increases for TAO. Additionally, a recent announcement of a two-week ceasefire between the US and Iran has reduced geopolitical risk sentiment across the broader crypto markets.

Source: Coinglass

Bitcoin’s own positive momentum is creating a supportive environment. If BTC consolidates above critical levels, the likelihood of a successful breakout for TAO increases significantly.

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

TAO is currently positioned above its 50-day, 100-day, and 200-day Exponential Moving Averages, which are clustered in the $258–$275 range, maintaining the overall uptrend structurally intact.

The RSI on the daily chart is at 68, indicating positive territory without triggering overbought conditions. The MACD line is rising toward the signal line above zero, and a contracting negative histogram suggests that the bearish pressure following the correction is diminishing.

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

Source: Tradingview

The crucial near-term trigger is $341 — the 50.0% Fibonacci retracement. A daily close above $341 would pave the way toward $388, the 61.8% retracement, and ultimately the psychological $400 mark.

TAO is currently at a pivotal point where the structure is either on the verge of breaking out or rolling over, as $341 is the level that can unlock momentum, and a clear close above it could propel the price swiftly toward the $388 to $400 range, particularly with the ETF angle and new capital entering the ecosystem providing substantial support for the move.

At this moment, it appears to be a build phase, with the price fluctuating between $298 and $341, tightening and forming a base, which typically indicates that the market is preparing for the next significant move rather than rushing into it.

The critical level to monitor is $294, as a daily close below this level could lead to a breakdown in structure, likely causing the price to retreat toward the mid $200s, which would undermine the prospect of a strong second upward leg.

LiquidChain Targets Early Mover Upside as Bittensor Tests Key Levels

TAO’s bullish configuration is genuine, but at $335 with a $400 target, the potential upside is approximately 19%. For traders who missed the 74.61% increase from the $167 lows, the risk/reward at current levels requires more precision than many are comfortable with.

This compression of asymmetry is precisely where early-stage infrastructure projects draw interest.

LiquidChain is a Layer 3 infrastructure initiative aiming to serve as the cross-chain liquidity layer — integrating Bitcoin, Ethereum, and Solana liquidity into a unified execution environment.

The architecture is built on four pillars: a Unified Liquidity Layer, Single-Step Execution, Verifiable Settlement, and a Deploy-Once system that allows developers to access all three ecosystems without needing to rebuild for each chain.

The project has been gaining traction as institutional investment accelerates into Layer 3 infrastructure. The presale is currently priced at $0.01447, with $646,857.56 raised to date. Assets in the presale stage carry significant risk — liquidity is limited and execution remains unproven. That caution remains. However, for traders considering the next cycle’s infrastructure layer, LiquidChain warrants investigation.

The post Tao Price Prediction: Funding Rates Just Flipped Positive and Open Interest Hit a Record – Is TAO About to Break $400? appeared first on Cryptonews.