Bittensor price rises 7.28% as TAO trades above key moving averages
Bittensor (TAO)
Editor:
Eugene Serbin
Tradersunion.com reported on 19 September 2026 that Bittensor (TAO) rose 7.28% to trade at $268.3. The asset sits above its MA-20 at $252.62 and MA-50 at $242.52 on the H1 timeframe. It also remains above the MA-200 at $240.35 on the daily chart.
The Ichimoku Kijun level at $252.4 provides immediate support for the current price action. Both MACD and ADX indicators are generating buy signals to reflect positive momentum. Oscillators including RSI at 70.13, Stochastic RSI, and CCI indicate overbought conditions.
Bull/Bear Power shows buyer dominance intraday while the Awesome Oscillator remains neutral. Analysts noted sustained bullish momentum but cautioned that short-term consolidation could follow sharp rallies. Sustained closes above $277.22 or drops below $252.4 are pivotal signals for a potential breakout or reversal.
How the market reacted
Whalio's own Binance spot order flow for TAO, measured when this story was written up on 19 September 2026. Not the outlet's figures.
Whalio spot data shows TAO trading at $250.20 with a 1h buy ratio of 56.1% and a 4h buy ratio of 58.4%. These short-term figures are higher than the 24h buy ratio of 49.3%, suggesting buying pressure is building in the immediate term. The 1h volume delta is +$682,172 and the 4h volume delta is +$2,819,575, indicating net buying activity. The 24h volume delta is -$549,834, showing that net selling pressure has been present over the full day. The CVD at 24h close is +$1,031,090, reflecting cumulative buying volume. This means that while recent hours saw net inflows, the full day ended with net outflows.
The latest daily buy ratio of 49.6% sits at the 64th percentile of the last 322 days, against a median of 48.8% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for TAO, averaged over the days leading up to the story.
Over the preceding week, the 7d average buy ratio was 49.1%, which is lower than the current 24h ratio of 49.3%. The 24h spot volume of $37,598,624 is 1.88x the weekly average volume. This indicates that today is an unusual day for the coin with significantly higher trading activity. Net buying occurred on 2 of 7 days last week, while the 8d volume delta total was -$2,982,990. The price change over 8 days was +6.2%, showing modest growth despite the net negative volume delta.