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Since price activities in the Tamadoge market escaped the gravitational pull under the $0.008200 mark, price action has been progressing steadily upwards. This has seen the token gain more elevated support levels, giving it a bullish outlook and suggesting that more price increases may be witnessed in subsequent sessions.
Key Tamadoge Statistics on December 7, 2023:
TAMA Price: $0.009250
Tamadoge Market Capitalization: $12,839,956
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 2,000,000,000
Tamadoge Rank on CoinMarketCap: 837
Key Price Levels:
Resistance: $0.009250, $0.009350, and $0.009450
Support: $0.009200, $0.009150, and $0.009100
TAMAUSDT Bulls Keep Charging Through Price Ceilings
The Tamadoge market has continued to retrace its steps towards higher ground after hitting each successive higher support. It appears as if buyers keep joining the trend at these supports. Also, for the past three sessions, it has been observed that bulls are retaining control of the market. Consequently, this has caused the token to trade above the $0.009240 price level. Furthermore, price action can be seen to avoid any stimulated downward correction that may result from pushing the uppermost limit of the Bollinger Bands indicator.
Meanwhile, the Moving Average Convergence Divergence (MACD) indicator lines keep trending upwards, while the last bar on the indicator is now pale red but of equal length with that of the previous session. This hints at the possibility of further upside corrections in this market.
Tamadoge Price Is Preparing to Keep Soaring
Even in the TAMAUSDT hourly market, one can perceive that this market is gearing up for a more significant price move. Here, the upper and lowest bands of the Bollinger Bands indicator can be seen to have contracted, coming closer to each other. Meanwhile, price action in the market remains above the middle limit of the Bollinger Bands indicator.
Additionally, the MACD indicator is now revealing that the low bearish momentum is even weaker at this point. This signals that buyers are gaining a foothold, through which more traction may be gained. As a result, this market may soon rise through the $0.009450 mark. Also, you can engage in the Arena battle and enrich your wallets with $TAMA 💰. Install Tamadoge Arena on your mobile device now!
Fight in the Arena and fill your bags with $TAMA 💰
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📱 Android: https://t.co/INCaGenLtC
📱 iOS: https://t.co/Fj9tT5OQ22 pic.twitter.com/TK5mxaO6sz— TAMADOGE (@Tamadogecoin) December 6, 2023
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