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The Tamadoge market appears to have adopted a steady approach. The price action in the market continues to acquire more notable support from a technical point of view. The gained support level has the potential to provide significant bullish momentum, which will favor bullish participants.
Key TAMA Statistics on August 17, 2024:
TAMA’s Price: $0.001775
Tamadoge Market Capitalization: $2,517,410
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1448
Key Price Levels:
Resistance: $0.001900, $0.002400, and $0.002800
Support: $0.001700, $0.001500, and $0.001200
TAMA/USDT Price Action Sits on Key Base Level
Tamadoge’s price action has progressed further upwards through the $0.001750 threshold. Consequently, the ongoing last price candle appears green while sitting atop the middle limit of the Bollinger Bands.
At the same time, the Stochastic Relative Strength Index (SRSI) lines indicate an upside crossover above the 50 and even the 60 level of the indicator. This suggests price action may take an upward leap off the gained support level.
Tamadoge Market Retains the Potential of Rising Through the $0.002400 Mark
The TAMA/USDT market still has the prospect of breaking through the resistance level constituted by the $0.001800 mark. A green price candle can be seen forming at the terminal part of the middle limit of the Bollinger Bands. The corresponding price candle to the previous session was also solid green as it hovered around the middle limit of the Bollinger Bands.
The SRSI indicator lines also have an upward trajectory, which aligns with the market’s perceived direction. Consequently, it appears that traders can now use crypto signals targeting price levels around $0.002400. While that is ongoing, put your reflexes to the test with the ultimate mobile running challenge—TamadogeDash.
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