Tamadoge (TAMA) Price Outlook for April 24: The TAMA/USDT Bulls Break Through the $0.005300 Resistance
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Tamadoge (TAMA) Price Outlook for April 24: The TAMA/USDT Bulls Break Through the $0.005300 Resistance

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Azeez Mustapha

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Considering the prowess of bulls in the Tamadoge market over recent sessions, it is expected that they will defeat the resistance at the $0.005300 price mark. As it stands, buyers can be expected to advance further upwards, seeing that they have the needed support to do so. Let’s further examine this market for more clues.

Key TAMA Statistics on April 24, 2024:
Tamadoge’s Price: $0.005340
TAMA Market Capitalization: $7,384,075
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 1,417,967,396
TAMA’s Rank on CoinMarketCap: 1206

Key Price Levels:
Resistance: $0.005400, $0.005550, and $0.005650
Support: $0.005300, $0.005200, and $0.005100

TAMAUSDT Continues to Approach Higher Marks

The Tamadoge market has broken through resistance at the $0.005200 and $0.005300 marks sequentially. At this point, the market is heading upward as trading activities continue to edge toward the $0.005350 mark. The ongoing session has revealed that upside forces are fighting downward ones, while downward ones seem to be leading by whiskers.

However, the fact that the market is above the Guppy Multiple Moving Average (GMMA) curve hints that upside momentum may prevail soon. In addition, the Stochastic Relative Strength Index (SRSI) indicator lines are still trending sharply upward. This signals that more may be expected from this market.

Tamadoge Bulls Are Showing Resilience Against All Odds

Price activity in the TAMAUSDT 1-hour market can be seen gradually retracing to higher ground. The last price candle can be seen contracting upwards, leaving the mentioned price candle with a long lower shadow. This shows that upside forces are still lively. Price action remains above most of the GMMA curves.
Consequently, this has kept the market in sight of breaching the $0.005350 mark.

The SRSI lines are already in the overbought region and seem to be trending sideways at the 93 and 89 marks of the indicator. Be that as it may, it holds that price action is headed towards the $0.005500 mark making bullish crypto signals and option in this market. Also, it is the day 6 of the Tamadoge Pursuit Competition, Today’s prize: $100 worth of $TAMA. Secure the top spot on our daily leaderboard for your chance to win!

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