Tamadoge (TAMA) Price Outlook for February 10: TAMA/USDT Finds Another Support Above the $0.004800 Price Level

The price of the Tamadoge token has been rising upwards against all odds ever since it broke through the $0.004800 level as resistance. Even though downward forces are trying to take control, it appears that upside forces are putting up a good fight in this market.

Key Tamadoge Statistics on February 10, 2024:
TAMA’s Price: $0.004850
Tamadoge Market Capitalization: $6,581,288
Tamadoge’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1086

Key Price Levels:
Resistance: $0.004850, $0.004950, and $0.005050
Support: $0.004800, $0.004750, and $0.004700

Tamadoge Buyers Are Successfully Defending the $0.004840 Price Level

Price activity in the TAMAUSDT 4-hour market has been occurring above the crossed lines of the Guppy Multiple Moving Average (GMMA) indicator. Even though downward forces are trying to initiate a downward correction in this market, the ongoing session has remained above the GMMA lines.

Also, the Relative Strength Index (RSI) lines have risen past the 70 mark of the indicator and have delivered a downward crossover. Here, it could be seen that prices in this market seem to be resisting falling under the gravity pull. As a result, this suggests that this market may continue on its upward path.

TAMAUSDT May Have Continued its Upward Retracement

In a Tamadoge market of 1 hour, it could be seen that price action has rebounded upwards. This seems to have occurred off the red set of the GMMA indicator lines. The last price candle here, which represents the ongoing session, could be seen as a spinning top price candle, which shows that market forces are at loggerheads here.

Also, a close look at the RSI indicator lines here reveals that the lines are starting to drift towards a bullish crossover. The leading and lagging lines of this indicator can be seen to have started converging for an upside crossover. Consequently, this will provide more upside thrust to price action. As a result, traders could set their crypto signals for this market toward the $0.005200 mark. Also, you can now experience the Tamaverse in full swing, now accessible via @0xPolygon.

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— TAMADOGE (@Tamadogecoin) February 9, 2024

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