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Price movement in the Tamadoge market has regained a considerable level of bullish traction. However, headwinds seem to have also come to life in the market and have had some notable effects. Nevertheless, the market can be seen rebounding off an important technical threshold.
Key TAMA Statistics on December 3, 2024:
TAMA Price: $0.001528
Tamadoge Market Capitalization: $2.17M
TAMA Circulating Supply: 1.39B
Tamadoge Total Supply: 1.42B
Tamadoge CoinMarketCap Rank: 1720
Key Price Levels:
Resistance: $0.001600, $0.001800, $0.002000
Support: $0.001500, $0.001300, $0.001100
Buyers Are Making a Stand in the TAMA/USDT Market
Price activity in the Tamadoge 4-hour market recently took a slight dip. However, buyers seem to have located favorable support at the $0.001500 price level. As a result, the market contracted, and the upside retracement continued in the ongoing session.
Consequently, the body of the last price candle can be seen sitting just above the 100-day Moving Average (MA) line. Likewise, the Stochastic Relative Strength Index (RSI) lines can be seen as having an upward trajectory despite the convergence between the lines of this indicator. This generally points out that price activity in the market has an upward path.
Tamadoge Market Continues to Progress as it Finds Higher Highs
As earlier deduced, even the TAMA/USDT hourly market maintains the impression that the market still keeps on a general upward path. The market can be seen making higher lows recently. As a result, the last price candle on the chart has appeared red below all the MA lines.
Nevertheless, the Stochastic RSI indicator lines are still rising upwards despite the minimal downward retracement in the ongoing session. Consequently, this suggests that the market may continue towards the $0.002000 mark, despite the downward retracement. 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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