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Price action in the Tamadoge market has picked up some strength over recent trading sessions. This has seen the token rise through multiple price levels, both psychological and otherwise. Yet the market seems prepared to extend the upside retracement. Let’s take a closer look at things here.
Key Tamadoge Statistics on February 12, 2024:
TAMA’s Price: $0.006210
Tamadoge Market Capitalization: $8,620,232
Tamadoge’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1017
Key Price Levels:
Resistance: $0.006210, $0.006300, and $0.006400
Support: $0.006200, $0.006100, and $0.006000
Tamadoge Lands on a Favorable Base; May Leap Upwards from Here
Price activity in the TAMA/USDT market seems to maintain a fair upside bearing, considering the overall market trend. There was a moderate downward correction in the previous session. However, buyers managed to regain control at the uppermost line of the Guppy Multiple Moving Average (GMMA) indicator.
This is portrayed as a green price candle appearing just atop the uppermost line of the GMMA line. This happened despite the bearish crossover on the Stochastic Relative Strength Index (SRSI) indicator. Consequently, this seems to suggest that buyers are effectively fighting back against headwinds in this market. So traders can stick to using bullish crypto signals in this market.
TAMA/USDT Maintains Bullish Characteristics
The Tamadoge 1-hour market has continued to show that prices are more likely to continue in an upside direction. In fact, prices could be seen to have continued upwards from what they were in the 4-hour time frame. The last price candle on this chart has brought the token to now trade at $0.006220.
Also, this signifies that price action has continued to rise above the two sets of the Guppy Multiple Moving Average indicator lines. In addition, the SRSI indicator lines have delivered a bullish crossover in the oversold area, following a moment of entanglement there. This shows that price action is set to rise further upwards towards the $0.006500 mark. Also, Tamaverse is now thriving on @0xPolygon:
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📱 Android: https://t.co/INCaGendE4
📱 iOS: https://t.co/Fj9tT5Oicu pic.twitter.com/hUw4FX4sag— TAMADOGE (@Tamadogecoin) February 9, 2024
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