Is Tao going to reclaim at the $322.2 level even after the 27.49% monthly drop? The Bittensor price prediction November 2026 starts at $222.23 for TAO, down 10.1% over 7 days per CoinGecko da
Is Tao going to reclaim at the $322.2 level even after the 27.49% monthly drop?
The Bittensor price prediction November 2026 starts at $222.23 for TAO, down 10.1% over 7 days per CoinGecko data from Nov 3, 2026, 10:00 UTC.
Traders following the latest crypto news can treat this read as price and derivatives data only.
CoinGecko market data ranks TAO at 38th with a price of $222.23 on Nov 3, 2026, 10:00 UTC.
Metric
Value
Price
$222.23
Price Change
-3.19%
Market cap
$2.596B
FDV
$2.596B
24h trading volume
$80.559M
Perps open interest
$502.706M
Circulating supply
11.687M TAO
Caption: CoinGecko market data, captured Nov 3, 2026, 10:00 UTC.
FDV, or fully diluted valuation, prices the full token supply at today's rate. Here it matches market cap because circulating and total supply both equal 11.687M $TAO.
Volume of $80.559M equals 3.1% of market cap. Thin turnover lets mid-sized orders move prices.
CoinGlass price performance data, captured Nov 3, 2026, 10:00 UTC, shows TAO down 3.19% over 24 hours and 27.49% over 30 days.
Caption: CoinGlass price performance data for Bittensor (TAO), captured Nov 3, 2026, 10:00 UTC.
Over 90 days, $TAO still holds a 13.70% gain, but the 180-day change is a 27.99% loss.
The 24h range runs from $219.82 to $231.11. Price sits 1.1% above that floor and needs a 4.0% gain to reach the top.
But a 2.4% dip reaches $216.9 support, and holders still up 13.70% over 90 days can sell into it.
Longs took the hit.CoinGlass liquidation data shows $451.26K wiped out in 24 hours as of Nov 3, 2026, 10:00 UTC. Longs lost $449.47K. Shorts lost $1.80K.
A liquidation is a forced exit from a margin trade once collateral runs out. Only $67.44K hit in the last 12 hours, so about $383.82K landed between 12 and 24 hours ago.
So is the flush done? Longs made up 99.6% of the 24-hour total, and forced selling pushes prices down until weak positions are gone.
Open interest is the total value of futures contracts traders still hold. CoinGecko lists $502.706M in perps open interest for $TAO as of Nov 3, 2026, 10:00 UTC.
Caption: CoinGlass futures volume heatmap for Bittensor (TAO), captured Nov 3, 2026, 10:00 UTC.
CoinGlass futures volume as of Nov 3, 2026, 10:00 UTC puts Binance first at $69.05M. MEXC follows at $41.09M, a gap of $27.96M. KuCoin ranks third at $29.33M.
Binance's futures volume is 1.7x MEXC's, so moves there carry the most weight for price. Open interest is 6.2 times the 24-hour trading volume of $80.559M. That ratio lets forced exits hit fast.
TAO and RENDER are both AI tokens, but they do different jobs. Bittensor pays contributors for useful machine learning work on its network. Render pays owners of spare GPUs for rendering and compute power.
RENDER CoinGecko page shows $1.49 for RENDER as of Nov 3, 2026, 10:00 UTC, down 4.2% on the day.
Metric
TAO
RENDER
Price
$222.23
$1.49
24h change
-3.19%
-4.2%
Market cap
$2.596B
$797.079M
24h trading volume
$80.559M
$25.01M
Perps open interest
$502.706M
$68.378M
Open interest vs market cap
19.4%
8.6%
Caption: CoinGecko market data, captured Nov 3, 2026, 10:00 UTC.
Both tokens fell on the day, so the AI theme sold off together. $TAO is down 3.19% per CoinGlass, and RENDER is down 4.2% per CoinGecko.
$TAO is 3.3x larger by market cap, and its perps open interest is 7.4x higher. TAO open interest equals 19.4% of market cap, against 8.6% for RENDER.
That gap makes the $TAO futures book heavier for its size, so forced exits can hit harder. Turnover is alike, at about 3.1% of market cap for both.
TradingView's $TAO/USDT daily chart on Binance, captured Nov 3, 2026, 10:00 UTC, shows a descending channel. A channel is a pair of sloping trendlines that hold a price between a falling ceiling and floor.
Caption: TradingView $TAO 1D chart on Binance, captured Nov 3, 2026, 10:00 UTC.
Price first traded near the $216.9 support zone, then rallied above $322.2 and rolled over. The price was rejected by the $322.2 level and started going downward by lower highs and lower lows and formed the channel.
Right now the price is trading below the 50 EMA level and testing the $216.9 support level.
The Bittensor price prediction November 2026 depends on how that channel resolves. Context on the earlier crossover setup sits in theTAO Golden Cross article.
The $TAO 50-day EMA is the average price over recent days, and it sits at $258.8. $TAO trades 14.1% below it, so a rally toward that level will likely run into sellers who want out.
The 14-day $TAO RSI shows how strong recent buying or selling has been, and it reads 30.51. That’s a low reading, so selling may be running out of steam. A bounce still needs buyers to defend $216.9.
Level
Type
$216.9
Support
$190.5
Support
$258.8
Resistance (50-day EMA)
$266.2
Resistance
$297.5
Resistance
$322.2
Resistance
Scenario
Trigger
Target
Invalidation
Bull
Daily candle trades above the $258.8 level
$266.2, then $297.5
Daily candle trades below $216.9
Base
Price holds at $216.9 and stalls under $258.8
Range of $216.9 to $258.8
Daily candle trades outside the range
Bear
Daily candle trades below $216.9
$190.5
Daily candle trades above $216.9
Technical invalidation is the main risk, and a daily candle on either side of $216.9 or $258.8 settles it. Derivatives positioning adds a second risk, since $502.706M of open interest turns small moves into forced exits.
As per CoinGabbar analysis, the Bittensor price prediction November 2026 leans bearish while the price trades under the 50-day EMA. The case rests on lower highs on the daily chart and $449.47K in long liquidations over 24 hours.
But a bounce isn't off the table. Price sits 2.4% above the $216.9 support level, and RSI sits near the oversold line.
The level to watch is $216.9. A daily candle trading below it while open interest holds near $502.706M means fresh shorts are pressing the move.
YMYL Disclaimer: This article is for informational and educational purposes only and should not be taken as financial or investment advice. Crypto markets are volatile, and details such as prices mentioned here can change over time. Readers should do their own research before making any decisions based on this content.
