Tamadoge (TAMA) Price Outlook for February 5: TAMA/USDT Sustains Above a Higher Baseline

The Tamadoge market recently witnessed a significant price increase. However, headwinds were unleashed and, of course, affected price movement. Nevertheless, buyers were able to re-enter the market and are now keeping headwinds at bay above the $0.004650 mark.

Key Tamadoge Statistics on February 5, 2024:
TAMA’s Price: $0.004650
Market Capitalization: $6,510,113
Tamadoge’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 2,000,000,000
Tamadoge’s Rank on CoinMarketCap: 1070

Key Price Levels:
Resistance: $0.004690, $0.004700, and $0.004800
Support: $0.004650, $0.004600, and $0.004500

Tamadoge Is Ready to Take the Market Higher

Price activity in the TAMAUSDT 4-hour market seems to have located another stronger base. The new baseline was found after the recent downward correction, suggesting the market is now finding higher support levels. The ongoing session has formed at the close of the previous session, and its shape suggests that the market is ready to progress further upwards. The ongoing session remains under the 21-day Moving Average (MA) line.

Nevertheless, the Moving Average Convergence Divergence (MACD) indicator lines suggest that the ongoing session may see additional price increases. The lines of this indicator are converging, while the bars of the indicator are now pale red in appearance. The activity on the MACD aligns with the opinion that the market may have picked up an upward trajectory off the newly found support level.

TAMAUSDT Price Action Is Regaining Its Upside Path

Although price action in the Tamadoge 1-hour market has only crossed the 21-day MA line by whiskers, such an act has bullish implications for this market. The ongoing session has appeared as a moderately sized price candle. It is through this that price action has crossed above the 22-day MA line. In addition, the last MACD indicator lines have regained their solid green appearance, as the indicator lines keep rising steadily upwards.

Also, it could be seen that the psychological support at the $0.004500 mark is holding up quite well. As a result, traders in this market can utilize crypto signals with targets near the $0.005200 mark. Additionally, here is another exciting piece of news! Brace yourself for the upcoming release of Tamadoge Pursuit, our latest thrilling runner game. Gather power-ups to accelerate your journey through the bustling downtown, scenic parks, and serene beachfront locales. Get ready for an adventure like no other!

Our new runner game Tamadoge Pursuit is coming soon 🎉

Collect power ups to help you zoom downtown, through the park and onto the beach 🏖️😎

Launching on Android and iOS soon pic.twitter.com/C9mKnALPdQ

— TAMADOGE (@Tamadogecoin) January 18, 2024

Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today