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Price action in the TAMAUSDT market has spiked significantly, drawing the attention of headwinds. This has pushed back price movements, bringing it to trade at a higher support level. Consequently, it appears that buyers may be re-entering the market, which may bring prices higher.
Key Tamadoge Statistics on December 12, 2023:
TAMA Price: $0.008790
Tamadoge Market Capitalization: $12,079,409
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 2,000,000,000
Tamadoge Rank on CoinMarketCap: 842
Key Price Levels:
Resistance: $0.008790, $0.008850, and $0.008950
Support: $0.008700, $0.008600, and $0.008500
TAMAUSDT Buyers Defend the $0.008785 Support
Tamadoge price action is now trying to pull the brakes as the price lands not too far from the $0.008800 mark. At this point, bulls are attempting to retake lost ground, actively engaging headwinds. The last price candle has a green appearance, though with a small body. Also, price action remains below the middle limit of the 21-day Moving Average (MA) curve. This may create a negative impression on this market.
However, the Moving Average Convergence Divergence (MACD) indicator lines should be observed. The lines of this indicator can be seen turning slightly sideways. Likewise, the indicator bars appearing below the equilibrium level are now pale red. This seems to signal that buyers may be gradually gaining momentum in this market.
Tamadoge Tries to Challenge the $0.008940 Resistance
In the hourly TAMAUSDT market, one can see that tailwinds are really trying hard to put an end to downward retracement. Since the previous session, price action has been steadily rising. The long upper shadow of the previous session’s corresponding price candle signals that bulls are trying to push through higher resistance marks.
Though there was a contraction in price, the ongoing session has shown that bulls are determined to keep fighting. Additionally, the MACD indicator bars have continued to appear green, with their lines steadily rising towards the equilibrium point. Therefore, an upside correction through the $0.00900 mark seems quite possible at this point. Also, you can try to guess what the new TAMA feature will be; it’s just a few days left until the unveiling.
3 DAYS TO GO!
Can you guess the new feature coming out soon? 🧬🐶 pic.twitter.com/NwTtWxhJha
— TAMADOGE (@Tamadogecoin) December 11, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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