The support at the $0.0008000 baseline in the Tamadoge market continues to hold. This could be seen as price action staying above this price level. Meanwhile, things seem to be brightening up considering activities on technical indicators.
Key TAMA Statistics on January 11, 2025:
TAMA Price: $0.0008100
Tamadoge Market Capitalization: $1.14M
TAMA Circulating Supply: 1B
Tamadoge Total Supply: 1.41B
Tamadoge CoinMarketCap Rank: 1972
Key Price Levels:
Resistance: $0.001000, $0.001250, $0.001500
Support: $0.000800, $0.000700, $0.000600
TAMA/USDT Price Action Makes Upside Progress Against Contradictions
Price action in the Tamadoge 4-hour market has been continuing to hover just above the $0.0008000 price level. However, in two sessions, the market dipped below the $0.000800 threshold level. This provoked the bullish forces to push back against the bears.
Consequently, this caused the market to test the 20-day Moving Average (MA) lines. And, interestingly, despite the red appearance of the last price candle on this chart, it could be seen that the corresponding price has appeared elevated. Meanwhile, the Stochastic Relative Strength Index (RSI) lines can be seen now at a bullish crossover around the 50 level of the indicator.
Tamadoge Upside Prospect Brightens
The TAMA/USDT hourly market has revealed that buyers are making a stand. Also, it has clearly displayed how the market had recovered above the psychological support level at $0.000800. However, similar to what was seen on the 4-hour chart, price action here also remains below all the MA lines on the chart. Nevertheless, the Stochastic RSI lines are rising upwards toward the 50 mark of the indicator.
Therefore, it seems that this market is aligned for additional upward movement. As a result, the market will resurface above the 20- and 50-day MA lines. Technically, this will provide an additional push to price action towards or perhaps through the $0.000900 price level. Meanwhile, you can still climb higher on the weekly leaderboards and stack up on $TAMA rewards as you battle your way to the top!
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📱 Android: https://t.co/D4TjX7gTFl
📱 iOS: https://t.co/0fjJapf5oA pic.twitter.com/6MCruiKcet— TAMADOGE (@Tamadogecoin) September 13, 2024
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