Tamadoge (TAMA) Price Outlook for December 16: TAMA/USDT Gains Traction Above $0.009000

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Price action in the TAMA/USDT market has surpassed its previous support above $0.008900, breaking the resistance at the $0.009000 threshold. Technical indicators still suggest that price movements may gain more traction from this point onward.

Key Tamadoge Statistics on December 16, 2023:
TAMA Price: $0.009020
Tamadoge Market Capitalization: $12,734,435
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 2,000,000,000
Tamadoge Rank on CoinMarketCap: 935

Key Price Levels:
Resistance: $0.009020, $0.009100, and $0.009200
Support: $0.009000, $0.008900, and $0.008800

Tamadoge Is Poised to Gain More Upside Momentum Towards $0.009500

In the ongoing session in the TAMA/USDT 4-hour market, a key support level is constituted by the 21-day Moving Average (MA) line. The appearance of the price candle suggests that bulls are still in control of this market.

With the last price candle, this token now trades above the $0.009000 price mark, precisely at $0.009020. Additionally, the Moving Average Convergence Divergence (MACD) indicator lines are trending upward. The bars of the indicator are also green, indicating formidable upside momentum in this market. Technically, it can be deduced that this market has an upward trajectory at this point.

TAMA/USDT Maintains a Favorable Stand Despite a Downward Correction

On a smaller Tamadoge market timeframe of 1-hour, a minor downward correction seems to have occurred. Yet, this token remains above the 21-day MA line. Technically, this may offer buying confidence to traders since further downward corrections aren’t imminent. Also, the MACD lines are still above the equilibrium level, supporting that despite the witnessed correction, buyers are still at an advantage.

Therefore, prices in this market still have a bullish outlook, which may result in prices approaching the $0.009500 mark. Additionally, you can earn $TAMA tokens by participating in entertaining games such as Tamadoge Arena and leverage your winnings effectively through our innovative staking platform.

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Earn $TAMA playing games like Tamadoge Arena and then put your winnings to work using our staking platform 👉 https://t.co/Qa1cAZ5Qyh pic.twitter.com/BdcqPbX57K

— TAMADOGE (@Tamadogecoin) December 15, 2023

Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today

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