Tamadoge Market Gains Traction Above $0.000800 - learn2trade
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Tamadoge (TAMA) Price Outlook for January 17: TAMA/USDT Market Gains Traction Above $0.000800 Support

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Azeez Mustapha

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The Tamadoge market has steadily risen above the $0.000800 price level after previously trading below it. On the live chart, price candles continue to hover around key technical indicators, which could strengthen bullish sentiments.

Key TAMA Statistics on January 17, 2025:

TAMA Price: $0.000814

Tamadoge Market Capitalization: $1.11M

TAMA Circulating Supply: 1B

Tamadoge Total Supply: 1.41B

Tamadoge CoinMarketCap Rank: 2018

Key Price Levels:

Resistance: $0.001000, $0.001250, $0.001500

Support: $0.000800, $0.000700, $0.000600

Tamadoge (TAMA) Price Outlook for January 17: TAMA/USDT Market Gains Traction Above $0.000800 Support

TAMA/USDT Bulls Hold Firm Against Headwinds

Upside forces in the Tamadoge market have resiliently maintained the price above the $0.000800 level. Meanwhile, the Stochastic Relative Strength Index (RSI) lines are dipping into the oversold region without causing a significant price decline. This suggests that buyers have firmly established $0.000800 as a psychological support level.

Additionally, recent price candles are clustering around the 20- and 50-day Moving Average (MA) lines, keeping price action near critical technical levels. This positioning may support a potential upward retracement if buying momentum increases significantly.

Tamadoge (TAMA) Price Outlook for January 17: TAMA/USDT Market Gains Traction Above $0.000800 Support

Tamadoge’s Price Action Stays Above the 100-day MA

In the TAMA/USDT 1-hour market, recent price action has been largely confined between the 100- and 200-day MA lines. The most recent price candle appears green and remains above the 100-day MA curve. Meanwhile, the Stochastic RSI lines are trending upward, indicating growing bullish momentum.

Although the current price candle is relatively small, its green color aligns with the upward trajectory of the Stochastic RSI lines. As such, traders can remain vigilant for potential price movements toward the $0.000900 resistance 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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