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Bulls in the Tamadoge market have surged off the support level, resulting in a moderate upward movement from that support. The gathered impetus suggests that bulls are poised to initiate further upside moves. Therefore, it appears that this market may become even more profitable shortly.
Key Tamadoge Statistics on December 21, 2023:
TAMA Price: $0.008870
Tamadoge Market Capitalization: $12,209,237
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 2,000,000,000
Tamadoge Rank on CoinMarketCap: 885
Key Price Levels:
Resistance: $0.008870, $0.008900, and $0.009000
Support: $0.008800, $0.008700, and $0.008600
TAMAUSDT Price Action Stays Above the MA Line
Price activity in the Tamadoge 4-hour market has broken through the resistance marked by the middle limit of the Bollinger Bands indicator. The last price candle on this chart has placed the token just above the middle limit of the Bollinger Bands indicator.
Additionally, the Stochastic Relative Strength Index (RSI) indicator lines are still running into the overbought zone of the indicator. This is happening despite the appearance of a tiny-bodied red price candle just atop the middle limit of the Bollinger Bands. Despite the moderate volatility, the Bollinger Bands are contracting, indicating an impending additional price increase that may occur in this market.
Tamadoge Experiences Minimal Downward Correction
Price activity in the TAMAUSDT 1-hour market has reached the uppermost band of the Bollinger Bands indicator. Here, it can be observed that a downward correction has occurred, yet price action remains at a significant distance above the middle limit of the used Bollinger Bands. Likewise, the RSI lines have reached deep into the overbought zone.
Although a downward crossover has been delivered, the emerging indicator lines have a somewhat sideways bearing, indicative of the fact that upside forces are resisting downward forces. This shows that the upside bounce off the lowest limit of the Bollinger Bands may extend toward higher price levels. Also, you can battle against creatures, claim your $TAMA, download Tamadoge Arena on your mobile device today!
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📱 Android: https://t.co/INCaGenLtC
📱 iOS: https://t.co/Fj9tT5OQ22 pic.twitter.com/k6KHUgRBPF— TAMADOGE (@Tamadogecoin) December 20, 2023
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