The Tamadoge market has been making a quick recovery. As a result, price action in this market has completely recovered from the price decline in the previous session. What’s more, the market is advancing through important technical landmarks that could result in more price increases subsequently.
Key TAMA Statistics on December 28, 2024:
TAMA Price: $0.001186
Tamadoge Market Capitalization: $1.67M
TAMA Circulating Supply: 1B
Tamadoge Total Supply: 1.41B
Tamadoge CoinMarketCap Rank: 1840
Key Price Levels:
Resistance: $0.001200, $0.001400, $0.001600
Support: $0.001100, $0.001000, $0.0009000
TAMA/USDT Market Makes Notable Progress
As earlier noted, the Tamadoge market has made it past some important landmarks. The last price candle on the chart can be seen to have risen past the 20- and 50-day Moving Average (MA) lines previously.
However, headwinds have caused the market to regress below the 50-day MA but still above the 20-day MA line. Also, the Stochastic Relative Strength Index (RSI) lines are steadily rising through the 50 level of the indicator. This hints that prices still have upside potential and may progress toward higher price levels.
The Tamadoge Market Is Acquiring Key Supports
Price action in the TAMA/USDT market can be seen holding its ground above the 100-day MA line. This happened after the market retreated below the 100-day MA curve. However, price action has found support just above that technical landmark in the ongoing session.
What’s more, the corresponding price candle has appeared bullish. The Stochastic RSI lines are also rising upward from the oversold region. Available indications from this market suggest that the $0.001200 resistance is breakable and the market may approach the $0.001300 resistance price level. In addition, you can still climb higher on the weekly leaderboards and stack up on $TAMA rewards as you battle your way to the top!
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📱 Android: https://t.co/D4TjX7gTFl
📱 iOS: https://t.co/0fjJapf5oA pic.twitter.com/6MCruiKcet— TAMADOGE (@Tamadogecoin) September 13, 2024
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