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Buyers in the Tamadoge market are still maintaining the integrity of the price baseline at the $0.006820 level. Although minimal at the time of writing, it can be observed that bulls have sustained an upside correction since the previous session. As a result, price action has crossed some technical landmarks that could further propel the market.
Key Tamadoge Statistics on January 19, 2024:
TAMA Price: $0.006900
Tamadoge Market Capitalization: $9,593,739
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 2,000,000,000
Tamadoge’s Rank on CoinMarketCap: 970
Key Price Levels:
Resistance: $0.006900, $0.007000, and $0.007200
Support: $0.006800, $0.006700, and $0.006600
TAMAUSDT Takes a Bullish Course Off the Price Baseline at the $0.006820 Mark
On the Tamadoge 4-hour market, it can be seen that price action changed course as soon as it tested the support level at the $0.006820 mark. Consequently, the last price candle has increased the chances of further price increases in this market.
This is evident as price action has surpassed the first set of the green Guppy Multiple Moving Average (GMMA) line. Meanwhile, the bars on the Moving Average Convergence Divergence (MACD) indicator are already indicating downward forces, as seen through the pale red appearance below the equilibrium level.
Price Action in the Tamadoge Market Experiences a Consistent Increase in It’s Upside Momentum
In the 1-hour TAMAUSDT market, it can be seen that the market has been recording consistent but minimal gains from the tested support for three sessions. Consequently, the last price candle has progressed past most of the green set of the GMMA curve. Likewise, a bullish crossover has occurred on the MACD indicator, but below the center line.
Additionally, green indicator bars have started appearing above the equilibrium level, suggesting that bullish momentum may build up. This is likely to push prices through the $0.007000 mark towards the $0.007200 mark. Furthermore, Introducing our upcoming thrill-seeker adventure, Tamadoge Pursuit, set to launch soon! Gather boosters to propel yourself through the cityscape, across the serene park, and onto the sun-kissed beachfront.
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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
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