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In the Tamadoge market, it appears that buyers are stepping up. This can be observed as soon as price action tested the support at $0.002314. Currently, the token’s outlook seems optimistic as upside forces appear set to reclaim higher price levels.
Key TAMA Statistics on July 4, 2024:
TAMA’s Price: $0.002374
Tamadoge Market Capitalization: $3,251,579
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1391
Key Price Levels:
Resistance: $0.002500, $0.003000, and $0.003500
Support: $0.002000, $0.001500, and $0.001000
TAMA/USDT Upside Correction Not Under Downward Pressure
As previously mentioned, price movement in the Tamadoge 4-hour market hasn’t come under downward pressure, as evidenced by the price candle corresponding to the ongoing session. Although market activity is now below the Exponential Moving Average (EMA) lines, the price movement in the current session seems encouraging.
Similarly, while the Stochastic Relative Strength Index (SRSI) has a downward trajectory, it can be seen that the upside rebound is reflected on the leading line of the indicator. The indicator line has started deflecting towards a bullish crossover. This will eventually strengthen bullish convictions and aid the use of more crypto signals with high targets.
Tamadoge Trend Reversal Gaining Ground
While trading activities are also below the EMA lines even on the TAMA/USDT1-hour market, it can be seen that the market is already getting stimulated for further upside moves. The ongoing session remains positive, with the corresponding price candle having a large body.
Meanwhile, the SRSI indicator has delivered a bullish crossover below the 20 level of the indicator. At this point, the market is poised to gain additional traction. This may propel the price action through the $0.002500 ceiling. Additionally, this is your final opportunity this week to demonstrate your expertise and win some valuable $TAMA rewards.
Play & Earn in the Tamaverse! 🙌
This is your last chance for the week to showcase your skills and earn some sweet $TAMA rewards. 🐶
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