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It is evident that price activity in the Tamadoge market has solidified a rock-solid baseline above the $0.004650 mark. At this point, more buyers are re-entering the market, indicating that downward retracement seems to have been effectively halted. The market is now preparing for a significant upside movement.
Key Tamadoge Statistics on January 30, 2024:
TAMA’s Price: $0.004780
TAMA’s Market Capitalization: $6,493,781
Tamadoge’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 2,000,000,000
Tamadoge’s Rank on CoinMarketCap: 1081
Key Price Levels:
Resistance: $0.004780, $0.004850, and $0.005100
Support: $0.004750, $0.004600, and $0.004500
TAMA/USDT Stays in Pursuit of Higher Price Levels
Price activity in the Tamadoge 4-hour market is showing impressive signs that may strengthen bullish anticipations. Consequently, this may lead to significant price increases in this market. As mentioned earlier, price behavior suggests that downward forces are exhausted as price activity appears to have hit rock-solid support. Furthermore, technical indicators are beginning to align to suggest a bullish move in this market.
It can be seen that the 21-day Moving Average (MA) line is now closing in on price action, making it easy for price action to cross above the MA line. Such activity will increase buying confidence in this market. Similarly, the Moving Average Convergence Divergence (MACD) indicator lines are now rising towards the equilibrium level. Meanwhile, the indicator bars reflect that upside forces are gaining momentum, as green bars are appearing above the equilibrium level despite the downward correction in the ongoing session.
Tamadoge’s Bulls Are Progressing Above the 21-Day MA Line
There are indications in the TAMA/USDT 4-hour market that suggest buyers are already mounting bullish pressure. Here, it is observed that price activity is now above the equilibrium level. Similarly, the ongoing session is already feeling the impact of buyers. The last red price candle here can be seen appearing as a hammer price candle, signaling that buyers are trying to pull the market upwards. As a result, the price of this token has risen above the $0.004800 mark.
Additionally, the MACD indicator leading lines have just crossed above the equilibrium level, while the lagging one follows closely. At this point, traders can easily draw bullish crypto signals for this market, with targets around the $0.005500 mark. Additionally, we’re thrilled to share the news that Tamadoge is making its move to Polygon! Explore the comprehensive details in this thread or hop onto our Discord for more information.
We’re excited to announce that Tamadoge is moving to Polygon! Read the details in this thread or on our discord. 1/8 pic.twitter.com/PjgxJa8TDa
— TAMADOGE (@Tamadogecoin) January 29, 2024
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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