Tamadoge (TAMA) Price Outlook for January 28: TAMAUSDT Bulls Return

The bulls are blowing hot as they return to the Tamadoge market. As suspected during yesterday’s trading activity, bulls were able to maintain their support above the $0.004600 mark. Buyers regrouped here to launch a considerable upside correction, and more seems to be on the way in this market.

Key Tamadoge Statistics on January 28, 2024:
Tamadoge Price: $0.005140
TAMA’s Market Capitalization: $5.96 million
Tamadoge’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 2,000,000,000
Tamadoge’s Rank on CoinMarketCap: 1038

Key Price Levels:
Resistance: $0.005140, $0.005280, and $0.005500
Support: $0.005100, $0.005000, and $0.004900

TAMAUSDT Price Action Extends Upside Correction

After Tamadoge’s price action maintained its foothold above the $0.004600 mark in the previous session, buyers have kept mounting buying pressure. Consequently, this resulted in more bullishness in the following session (ongoing session). Although price action in this market still remains below the 21-day Moving Average (MA) indicator line, it appears that buyers are already eyeing a new resistance mark at the $0.005310 mark. Meanwhile, the Connor Relative Strength Index (CRSI) indicator lines are still pointing out that more moves are on the way in this market as it keeps rising into the overbought region.

Price Action in the Tamadoge Market Marches Past the 21-Day MA Curve

In the TAMAUSDT 1-hour market, it can be seen that bulls are already securing their progress. This could be seen as price action in this market rises past the 21-day MA line. Such a move signals that upside momentum may keep increasing as more buyers gain confidence thereby producing bullish crypto signals for this token such that they’ll keep buying. Consequently, this will aid in more upside traction in this market. Meanwhile, the CRSI indicator lines are still rising into the overbought region as well. Technically, trading indicators here suggest that there will be more price increases in this market, which may extend through the $0.005600 mark. Embark on the Tamadoge gaming adventure, witnessing your $TAMA earnings flourish! Engage, accumulate, stake, and relive the thrill with a perpetual cycle of excitement and rewards.

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— TAMADOGE (@Tamadogecoin) January 16, 2024

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