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Upon close examination, it appears the altcoin market is becoming more active day by day. This trend has also extended into the Tamadoge market. As can be observed, price candles appear much larger, with price action hovering around key technical levels.
Key TAMA Statistics on April 8, 2025
TAMA Price: $0.0004250
Tamadoge Market Capitalization: $612.59K
TAMA Circulating Supply: 1B
Tamadoge Total Supply: 1.41B
Tamadoge CoinMarketCap Rank: 2051
Key Price Levels
Resistance: $0.000500, $0.000700, $0.001000
Support: $0.0004500, $0.0004000, $0.0003800
Tamadoge Market Still Hugs the 20-Day MA
Although the Tamadoge market has retraced to lower price levels following a strong upward movement, it continues to hover around important technical zones that could facilitate a quick recovery.
The most recent price candle is red but relatively small, suggesting a reduction in bearish momentum. Likewise, the Stochastic Rate of Change (ROC) indicator line is currently below the 0.00 mark but has a general upward slope. This indicates that bullish forces may be building in the market.
TAMA/USDT Bulls Stay in a Positive Position
As previously noted, the Tamadoge market remains near significant technical levels. The most recent price candle is notably smaller than the preceding one. Although both candles are red, they suggest that downward pressure is being resisted.
The last candle has an upwardly contracted body, indicating bullish pressure. The market continues to hover around the moving average (MA) lines. Meanwhile, the Stochastic ROC indicator lines remain below the 0.00 mark but are trending upward. Therefore, traders can maintain a positive outlook regarding a potential breakout above the $0.000500 level soon. Meanwhile, you can still climb higher on the weekly leaderboards and stack up on $TAMA rewards as you battle your way to the top!
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📱 Android: https://t.co/D4TjX7gTFl
📱 iOS: https://t.co/0fjJapf5oA pic.twitter.com/6MCruiKcet— TAMADOGE (@Tamadogecoin) September 13, 2024
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