Tamadoge (TAMA) Price Outlook for December 22: TAMA/USDT Surges Past the $0.009000 Threshold Level

Azeez Mustapha

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The Tamadoge market had earlier started stabilizing around the $0.008700 price mark. This price level served as a strong support level, as price action gained considerable traction at that support level. This resulted in the token’s price action reappearing above the $0.009000 mark, while technical indicators still suggest that more moves are on the way.

Key Tamadoge Statistics on December 22, 2023:
TAMA Price: $0.009040
Tamadoge Market Capitalization: $12,793,296
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 2,000,000,000
Tamadoge Rank on CoinMarketCap: 886

Key Price Levels:
Resistance: $0.009040, $0.009100, and $0.009200
Support: $0.009000, $0.008900, and $0.008800

Tamadoge (TAMA) Price Outlook for December 22: TAMA/USDT Surges Past the $0.009000 Threshold Level

TAMA/USDT Buyers Are Ready for More Action

About three sessions ago in the Tamadoge 4-hour market, it could be seen that price action has burst its way through the resistance formed by the 21-day Moving Average (MA) line. Headwinds subsequently challenged the upside correction, which brought price action to revisit the $0.008810 level. However, buyers have utilized this as an entry point, as the price of the token subsequently surged further above the 21-day MA line.

Consequently, this resulted in the token trading now at the $0.009040 mark. At the same time, the Moving Average Convergence Divergence indicator line has started rising toward the equilibrium level from below it. Likewise, the indicator is aligning to reveal that bullish momentum is getting stronger through its bars, as they are now solid green in appearance. This may send prices further upward in the coming sessions.

Tamadoge (TAMA) Price Outlook for December 22: TAMA/USDT Surges Past the $0.009000 Threshold Level

Tamadoge Bulls Are Resiliently in Pursuit of Higher Price Levels

In the TAMA/USDT 1-hour market, it could be seen that price activity has resumed an upward trajectory while still above the MA line. It is revealed that in the past two trading sessions, buyers have resumed piling in long trades. This has extended to the ongoing session and has placed the token on an upward path at this point.

The MACD indicator lines show that despite the opposition faced by upside forces, the market is progressing upwards. The MACD indicator lines are still above the equilibrium level, despite the discoloration of the indicator bars. Therefore, traders can still anticipate an upside correction through the $0.009200 mark. Also, you can engage in ethical earnings and embrace the honesty of Tamadogi! Download now and kickstart your $TAMA earnings today.

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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