Following a breakthrough above the $0.000600 threshold, buyers have surged toward the next psychological resistance level at $0.000700. This has pushed price action in the Tamadoge market beyond critical technical landmarks, signaling the potential for further upside momentum.
Key TAMA Statistics on January 25, 2025:
TAMA Price: $0.000727
Tamadoge Market Capitalization: $1.03M
TAMA Circulating Supply: 1B
Tamadoge Total Supply: 1.41B
Tamadoge CoinMarketCap Rank: 2022
Key Price Levels:
Resistance: $0.0007500, $0.0008000, $0.000900
Support: $0.0007000, $0.0006000, $0.0005000
TAMA/USDT Fighting to Hold Support Above the $0.000700 Threshold
The Tamadoge market has made significant progress, recently testing the $0.000800 price level. Although the market experienced slight retracement over the past few sessions, the price candle for the ongoing session remains green and positioned above the 20- and 50-day Moving Average (MA) lines.
Additionally, the 20- and 50-day MA lines are converging for a potential crossover beneath the current price candles, which could signal increased bullish momentum. The Stochastic Relative Strength Index (RSI) lines remain in the overbought region, suggesting that buyers still dominate the market.
Tamadoge Buyers Regain Momentum
On the TAMA/USDT 1-hour chart, conditions appear increasingly favorable. While the latest price candle is red, indicating the presence of headwinds, it exhibits an upward contraction, suggesting that bullish forces are attempting to reclaim control.
Encouragingly, price action remains above all MA lines in this timeframe. Moreover, the Stochastic RSI lines are approaching a crossover as they head into the oversold region. This technical signal implies that buyers could soon regain dominance, pushing the price beyond the $0.000800 resistance level and potentially targeting the $0.000900 mark. 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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