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Price action in the Tamadoge market shows a strong rebound. This has occurred following a quick dip below the $0.000800 mark. The market has since bounced back, and price behavior suggests that more climbs may be on the way.
Key TAMA Statistics on January 13, 2025:
TAMA Price: $0.000800
Tamadoge Market Capitalization: $1.11M
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 Bulls Stage a Strong Reclaim
The latest session in the Tamadoge market, as of the time of writing, recorded a strong upside rebound. However, as mentioned earlier, price action dipped below the psychological price level of $0.000800. Nevertheless, the sharp rebound indicates that buyers are firmly in position.
Additionally, the Stochastic Relative Strength Index (RSI) has delivered an upside crossover just at the 20 level of the indicator. Although price action remains below all the Moving Average (MA) lines, it seems likely that further upside movement may occur in this market.
Tamadoge Buyers Claim a Crucial Landmark
In the Tamadoge 1-hour chart, price action has just surpassed the 20-day MA line. This is crucial because price action rising above the 20-day MA line suggests that buyers may grow more confident, mounting additional bullish pressure.
Moreover, the RSI indicator lines here show an upward trajectory, hinting at a continued upside movement in price action. Additionally, the distance between the leading and lagging lines of the RSI suggests high volatility, which could favor bullish forces. Therefore, traders can anticipate a continued retracement toward the $0.000850 price level in the near term. 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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