As President Donald Trump has agreed to delay the tariffs imposed on Canada and Mexico for an additional 30 days, the crypto market is witnessing a resurgence in trading activity. 

Amid this recovery, several altcoins are gaining attention from traders today. Here’s a look at three of the most talked-about altcoins today.

Elon4AfD (ELON4AFD)

ELON4AFD is a trending altcoin today because it briefly traded at an all-time high of $0.24 during the early Asian trading session. While it has since corrected by 24%, market participants continue to accumulate the altcoin. 

The buying activity is reflected by the token Accumulation/Distribution (A/D) Line, which is in an upward trend at press time. This indicator measures the cumulative flow of money into or out of an asset based on both price and volume. When the A/D Line climbs, it suggests greater buying pressure and accumulation, indicating bullish sentiment in the market.

If this sentiment persists, ELON4AFD’s price could revisit its all-time high.

However, if traders begin to sell their tokens for gains, ELON4AFD’s price could drop below $0.19 to trade at $0.15.

Bittensor (TAO)

Artificial intelligence-based token Bittensor (TAO) is one of the altcoins trending today. It currently trades at $355.60, having spiked 12% over the past 24 hours.

However, this price surge is fueled by the broader market rally and not by actual demand for the altcoin. An assessment of some of its key indicators on the TAO/USD 12-hour chart confirms this.

For example, despite TAO’s rally, its Balance of Power (BoP) remains below zero at -0.81. The BoP measures the strength of

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Author: Abiodun Oladokun

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