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Tamadoge successfully repelled headwinds from pushing the price below $0.008200. In the last two sessions, this market experienced a resurgence of buyer activity, indicating that buyers have regrouped to pursue higher gains.
Key TAMA Statistics on October 13, 2023:
Tamadoge Price: $0.008086
Tamadoge Market Cap: $11,353,597
Circulating Supply of Tamadoge: 1,393,353,219
Total Supply of Tamadoge: 2,000,000,000
Tamadoge CoinMarketCap Ranking: 703
Key Price Levels:
Resistance: $0.008086, $0.008150, and $0.008250
Support: $0.008050, $0.008000, and $0.007900
TAMAUSDT Moves Toward the $0.008200 Resistance
The 4-hour chart of Tamadoge suggests that buyers are preparing to target higher price levels. In the last two trading sessions, the market has shown signs of gains. Although the price action remains below the 21-day Moving Average (MA) line, the ongoing session is closing in on the MA curve as a resistance level.
Additionally, the Relative Strength Index (RSI) is entering the overbought zone, signifying increased upside price volatility. This momentum is expected to drive further price gains.
Tamadoge Maintains Position Above the 21-Day MA
Despite the recent loss in the ongoing session, TAMAUSDT price action remains above the 21-day MA line. The previous session successfully propelled the market through the 21-day MA curve, and the ongoing session now regards it as a supportive level. Moreover, the Stochastic RSI indicator indicates a convergence for a crossover below the 50 mark, suggesting the potential for further upward price movement.
Finally, based on the analysis of two time frames, it appears that Tamadoge (TAMA) may experience an additional push in prices, likely targeting the $0.008500 mark. Additionally, participants can enhance their TAMA earnings by winning one of Tamadoge’s dynamic non-fungible tokens (NFTs). These tokens offer increased earning opportunities and benefits within the Tamadoge ecosystem.
Boost your $TAMA earning potential by winning one of our Dynamic NFTs!
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— TAMADOGE (@Tamadogecoin) October 13, 2023
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