Recent buying activity has become predominant in the Tamadoge market, pushing price action further above the $0.000500 level. Although price action appears under pressure, a significant regrouping of buyers at this point could play a key role in sustaining the market’s upward momentum.
Key TAMA Statistics on January 23, 2025:
TAMA Price: $0.000584
Tamadoge Market Capitalization: $1.29M
TAMA Circulating Supply: 1B
Tamadoge Total Supply: 1.41B
Tamadoge CoinMarketCap Rank: 2061
Key Price Levels:
Resistance: $0.0007000, $0.0009000, $0.001100
Support: $0.0005500, $0.0004500, $0.0003500
TAMA/USDT Buyers Hold Ground
Recent price action in the Tamadoge market has continued to hover around a key technical landmark. Buying activity has increased significantly, as evidenced by price candles clustering near the terminal of the 20-day Moving Average (MA) curve.
On the 4-hour price chart, the last price candle remains green, although it appears as a small dash. Meanwhile, the Stochastic Relative Strength Index (RSI) lines remain in the overbought region. Despite their convergence, their position in this region supports optimism for continued bullish activity.
Tamadoge Maintains Upward Momentum
In the hourly TAMA/USDT market, buyers continue to exert influence. The last price candle remains green, reflecting continued buying interest. While price action currently stays below all the MA lines on the chart, it remains close to these technical levels.
The Stochastic RSI lines are trending upwards, moving deeper into the overbought region. At this point, the leading RSI line is testing the 80 mark. Technically, this suggests that upside momentum is likely to gain strength. Should price action break above the 20-day MA line, further increases toward the $0.000750 or $0.000800 levels seem achievable. 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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