Tamadoge (TAMA) Price Outlook for June 14: TAMA/USDT Bounces Off Medium-Term Support at $0.003223

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RESULTS

Price action in the Tamadoge market has found support at $0.003223. The market has rebounded from this level and shows signs of recovering lost ground in the coming sessions. The market is currently eyeing a nearby technical resistance, and it seems likely that it will break through it.

Key TAMA Statistics on June 14, 2024:
TAMA’s Price: $0.003318
Tamadoge Market Capitalization: $4,596,835
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1409

Key Price Levels:
Resistance: $0.003500, $0.004000, $0.004500
Support: $0.003000, $0.002500, and $0.002000

TAMA/USDT Targets Nearby Technical Resistance

In the Tamadoge 4-hour market, price action has rebounded off a previously established support level. The current session suggests that upward momentum is strong. The corresponding price candle for the ongoing session shows a short upper shadow, even while trading below all Exponential Moving Average (EMA) curves.

Additionally, the Moving Average Convergence Divergence (MACD) lines are below the equilibrium level and appear to be converging for an upward crossover, as the indicator bars are now pale red. This suggests that bullish momentum may be gaining strength, making bullish crypto signals useful in this market.

Tamadoge Market Heads Towards Securing More Bullish Grounds

The ongoing session in the TAMA/USDT hourly market appears to be the most bullish in recent sessions. The latest price candle on this hourly chart is moving upwards and is now testing the 20-day EMA line. Once price action rises past this indicator, upward momentum is likely to strengthen, leading to further moves.

Meanwhile, the MACD indicator lines have already delivered a bullish crossover below the centerline, resulting in a green bar appearing above the equilibrium level. Technically, this suggests that the market is poised for more upside moves at this time. Also it is announcement the competition returns! And it is time to showcase your talents once more in our newest set of challenges!

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— TAMADOGE (@Tamadogecoin) June 13, 2024

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