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From a technical indicator standpoint, it appears that the Tamadoge market is preparing for a significant move above the $0.005600 mark. This is occurring despite the downward correction in the ongoing session. Let’s take a closer look and see how things may develop in this market.
Key Tamadoge Statistics on February 26, 2024:
Tamadoge’s Price: $0.005600
TAMA Market Capitalization: $7,834,174
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 1,417,967,396
TAMA’s Rank on CoinMarketCap: 1106
Key Price Levels:
Resistance: $0.005600, $0.005700, and $0.005800
Support: $0.005500, $0.005400, and $0.005300
Tamadoge Price Action Sets an Upside Path
Signals emanating from technical indicators on the TAMA/USDT 4-hour market are raising suspicions that a significant price move may be seen shortly. This could be perceived as the Bollinger Bands indicator upper and lower limits are now converging.
During the previous session, price action bounced off the support formed by the lower limits of the Bollinger Bands. Although the ongoing session has printed a minor downward correction, the Stochastic Relative Strength Index (SRSI) lines can be seen sticking to an upward trajectory following a bullish crossover. This implies that buyers are quietly gaining momentum and are likely to continue the upside correction.
TAMA/USDT Market Stays Well-Positioned to Catch a Tailwind
Extending the scope of this price analysis to a Tamadoge 1-hour market, it is revealed that price activity is now lurking around the middle limit of the Bollinger Bands. At the same time, the SRSI indicator lines are still running upward.
Consequently, this places the market at a higher probability of continuing its upside correction. Therefore, traders can maintain an optimistic approach to the market, thereby making use of bullish signals with targets nearer the $0.006000 mark. Also, it’s worth noting that Tamadoge has joined hands with Polygon!
Latest News:
-TAMA V2 has been distributed to most wallets via airdrop.
– Owners have received their Playable Tamadoge NFTs on #Polygon.
– All Tamadoge applications have been updated, enabling users to claim $TAMA V2 rewards.
Jump in now and relish the Tamaverse with its reduced gas fees!
Tamadoge 🤝 Polygon
Update: 🐶 TAMA V2 has been airdropped to the majority of wallets. 🐶 Playable Tamadoge NFTs on #Polygon have been sent to owners. 🐶 All Tamadoge apps have been update and $TAMA V2 prizes can be claimed.
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