Crypto markets flipped bullish overnight, injecting fresh vigor into altcoins, particularly those riding the AI wave. Influential trader Michaël van de Poppe spotlighted TAO, NEAR, and broader AI protocols as prime buys, citing their strong performance over the past six months. TAO, after a brief correction, accelerated upwards, signaling untapped potential if Bitcoin sustains its climb.

AI Narrative Heats Up

Van de Poppe emphasized that narratives dominating recent months—think AI-driven projects—thrive in upward swings. He forecasts a robust continuation in the AI crypto space, with TAO poised for outsized gains. If Bitcoin notches 10-15% gains, the hottest AI plays could deliver betas of 4.0-5.0, amplifying returns dramatically. This aligns with patterns seen in late 2025, when AI tokens surged amid similar Bitcoin recoveries, outpacing the market by wide margins.

Technical Confluence on TAO's 4H Chart

TAO trades at $339.3, firmly entrenched in a bullish trend with the 50-period EMA at $314.31 acting as solid near-term support and the 200-period EMA at $275.55 reinforcing longer-term floors. Momentum holds neutral via RSI at 69.95, skirting overbought territory without crossing it, while MACD's golden cross at 7.47 underscores sustained upward strength. Price hugs the upper Bollinger Band resistance near $344.11, with lower support at $289.35 providing a volatility cushion—confluence here suggests a brief pause or shallow pullback to test that 50-EMA before resuming the climb, especially if broader market flows persist.