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Being a very key price level, price forces in the Tamadoge market have continued to mostly dynamize at the $0.001000 price mark. Despite the fact that downward forces have pushed deep into the bulls’ zone, buyers are still showing some resilience, which can be key in keeping the market afloat.
Key TAMA Statistics on January 4, 2025:
TAMA Price: $0.001003
Tamadoge Market Capitalization: $1.39M
TAMA Circulating Supply: 1B
Tamadoge Total Supply: 1.41B
Tamadoge CoinMarketCap Rank: 1934
Key Price Levels:
Resistance: $0.001100, $0.001300, $0.001500
Support: $0.001000, $0.000900, $0.000800
TAMA/USDT Buyers Hold Their Ground at the $0.001000 Mark
Market participants in the Tamadoge 4-hour market are staying bullishly biased. This has resulted in the appearance of green-price candles in the past two sessions. This has kept the price for the token hovering around the $0.001000 price level.
Meanwhile, the Stochastic Relative Strength Index (RSI) indicator lines can be seen at a bullish crossover just above the 20 level of the indicator. Technically, this points to an upside rebound and as such suggests that the 0.001000 price level is a stronghold.
Tamadoge Market Quickly Regains a Key Support
One thing that is quite striking in the TAMA/USDT 1-hour market is how promptly price action was able to regain support above an important technical level. This mentioned support is the 20-day MA line. Also, the last price candle can be seen still appearing green even when it portrays very little price movement in the session.
Additionally, the Stochastic RSI lines have a slight downward trajectory but stand above the 80 threshold. This implies that the indicator line is already in the overbought region, and more upside moves may be seen towards the $0.001250 price level. While that is ongoing, 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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