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The Tamadoge market has been effectively resisting bearish pressure, maintaining levels above key technical indicators. This indicates that upside forces may soon regain stronger control and propel the market.
Key TAMA Statistics on July 30, 2024:
TAMA’s Price: $0.002070
Tamadoge Market Capitalization: $2,830,482
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1449
Key Price Levels:
Resistance: $0.002400, $0.002800, and $0.003200
Support: $0.002000, $0.001600, and $0.001200
TAMA/USDT Buyers Are Making a Stand Above the $0.002046 Price Level
For two sessions, price action in the Tamadoge market stood firm above the 20- and 50-day Exponential Moving Average curves. The last price candle faced some downward pressure but remains strong.
The Stochastic Relative Strength Index (SRSI) lines are converging, indicating a trend reversal, which could propel the market upwards, triggering bullish crypto signals. The SRSI lines are still above the 50 level, suggesting that the trend reversal may gain momentum once effected.
Tamadoge Buyers Are Increasing Upside Odds
The TAMAUSDT hourly market reveals that buyers are strengthening their hold. The last price candle is pushing through the 20-day EMA line, acting as resistance. Technically, the token trades above most EMA lines.
The SRSI indicator lines are delivering a bullish crossover deep in the oversold region, aligning with the opinion that upside forces will get stronger in subsequent sessions. Therefore, traders can aim for the $0.002200 mark and higher. Meanwhile, you can earn $TAMA rewards by engaging in games within the Tamaverse.
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