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After buyers in the Tamadoge market broke the resistance at the $0.006000 mark, they progressed further upwards. This saw prices rise further above the $0.006000 mark, as the token now trades near the $0.006200 mark. Technical indicators suggest that more may be expected in this market, so let’s dive straight in.
Key Tamadoge Statistics on February 21, 2024:
TAMA’s Price: $0.006180
Tamadoge Market Capitalization: $8,260,179
Tamadoge’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1072
Key Price Levels:
Resistance: $0.006180, $0.006250, and $0.006350
Support: $0.006100, $0.006000, and $0.005900
Tamadoge Maintains Strong Bullish Characteristics
Over the past sessions, we can see that TAMAUSDT price action has been maintaining a fair upside trajectory on the 4-hour market. Trading activity has continued to occur above the green Guppy Multiple Moving Average (GMMA) curves. Meanwhile, the ongoing session has gained considerable traction considering the size of the last price candle on this chart. Also, the Moving Average Convergence Divergence (MACD) lines have been able to remain above the equilibrium level.
Likewise, the ensuing lines have an upside trajectory, which aligns with the opinion that this market is still gaining bullish traction and will likely expect its upside retracement. Consequently, this suggests that bullish crypto signals are still usable in this market.
TAMAUSDT Buyers Retain a Huge Chunk of Made Profits
In the Tamadoge 1-hour market, it could be seen that there has been a moderate downward correction due to headwinds. However, the market retains an upside path due to the massive gains recorded in the previous session. It could be seen that price action remains above the GMMA lines despite downward corrections.
Likewise, the MACD indicator lines are still fairly pointed upward. In addition, the bars of this indicator continue to appear above the equilibrium level. From a technical perspective, it could be assumed that trading activity may still approach the $0.006400 mark shortly. Additionally, you can experience the Tamaverse revolution, now accessible 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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