Tamadoge (TAMA) Price Outlook for December 29: TAMA/USDT Surges through the $0.008600 Level

TAMAUSDT has surged through the speculated resistance at the $0.008500 mark. The token is now being bought and sold at the $0.008750 price level. Trading indicators still suggest that price action may revisit the $0.009000 mark despite the minimal downward correction seen in the ongoing session.

Key TAMADOGE Statistics on December 29, 2023:
TAMA Price: $0.008750
Tamadoge’s Market Capitalization: $11,805,537
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 2,000,000,000
Tamadoge Rank on CoinMarketCap: 925

Key Price Levels:
Resistance: $0.008750, $0.008800, and $0.009000
Support: $0.008700, $0.008700, and $0.008500

 

TAMAUSDT Price Activity Spontaneously Broke Through Multiple Resistance Levels

Shortly after Tamadoge price activities surpassed the $0.008290 mark, a significant and unprecedented price increase resulted. This was in line with the fact that the crossing of price action above the middle limit of the Bollinger Bands may offer significant bullish impetus.

This saw price action rise through the uppermost limit of the Bollinger Bands. There has been a minor downward correction, yet the Moving Average Convergence Divergence indicator lines are still tilted upwards, while its bars are green and getting taller. Consequently, this is indicative of the fact that prices may continue to increase in the meantime.

Tamadoge Stays Positive Despite Downward Correction

Moving to the 1-hour TAMAUSDT market, it is revealed that price action is retaining a bullish outlook. This has kept the token’s price above the highest band of the Bollinger Bands. To depict the sudden price surge, the MACD indicator has a moderately sized green bar above its equilibrium level.

Also, a bullish crossover has been delivered. Despite the minimal correction, it appears that the lines of this indicator are unaffected. This suggests that the market may continue upward towards the $0.009000 mark. Additionally, you can play Tamadoge games and boost your $TAMA earnings! Stake your winnings to amplify your rewards.

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— TAMADOGE (@Tamadogecoin) December 28, 2023

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