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Price action in the Tamadoge market has started regaining upward momentum. It appears that buyers are showing increasing interest as bullish forces quickly reacted to the recent dip. Let’s take a closer look below.
Key TAMA Statistics on August 13, 2024:
TAMA’s Price: $0.001813
Tamadoge Market Capitalization: $2,420,596
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1471
Key Price Levels:
Resistance: $0.002000, $0.002500, and $0.003000
Support: $0.001850, $0.001550, and $0.001250
.001800 Mark" width="580" height="293" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/08/TAMAUSDT_2024-08-13_05-55-16_070621-1024x517.png"/>
TAMA/USDT Has the Potential to Extend Its Upward Correction
Tamadoge’s price experienced a moderate increase for two consecutive sessions, quickly pushing the market back above the $0.001800 level. However, during the ongoing session, a slight downward retracement can be observed.
Meanwhile, the Stochastic Relative Strength Index (SRSI) lines are maintaining an upward trajectory, indicating that bullish forces are still active despite the current retracement.
.001800 Mark" width="580" height="293" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/08/TAMAUSDT_2024-08-13_05-55-48_070619-1024x517.png"/>
Tamadoge Price May Rebound
The TAMA/USDT price has landed on the 20-day Exponential Moving Average (EMA) line. The presence of an upper shadow on the latest price candle suggests that bearish forces are attempting to push the market lower.
However, the support provided by the 20-day EMA seems to be holding strong. Simultaneously, the SRSI indicator lines have taken on a downward path but remain above the 50 mark. This suggests that there is still hope for bullish forces to drive the price toward the $0.001900 level. Also, there’s always excitement in the Tamaverse. Dive in, play, stake, and earn rewards in all our games.
It's never a dull day in the Tamaverse 🐶
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📱 Android: https://t.co/D4TjX7gTFl
📱 iOS: https://t.co/0fjJapf5oA pic.twitter.com/CMtOTtWevC— TAMADOGE (@Tamadogecoin) August 11, 2024
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