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The price of the Tamadoge token had surged moderately earlier. However, this seems to have drawn unwanted attention from headwinds. Consequently, the market saw a minimal downward correction. Nevertheless, bulls were able to retain some of the ground gained as a result of previous increases and are taking off from there.
Key TAMA Statistics on June 15, 2024:
TAMA’s Price: $0.003320
Tamadoge Market Capitalization: $4,572,477
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply:1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1410
TAMA/USDT Stays Aloft Above the $0.003223 Support Level
As mentioned earlier, it can be seen that the last price candle on the 4-hour Tamadoge price chart still holds some gains from earlier in the session. This is so even though headwinds have caused significant price contractions. Likewise, the Moving Average Convergence Divergence (MACD) indicator lines are below the equilibrium level but are moving slightly upward toward the equilibrium line.
Additionally, the bars of the indicator can be seen appearing green and getting increasingly taller. Consequently, this points out that upside forces may gain more traction in subsequent sessions. Already, the upper shadow of the last price candle can be seen still testing the 20-day Exponential Moving Average (EMA) line, which hints that traders may still use crypto signalsaiming at higher grounds.
Tamadoge Market Continues to Pass Further Upside Correction Tests
In the TAMA/USDThourly market, we can see that price movement has crossed above the 20-day EMA line. Although the ongoing session appears to have presented some minimal bearish corrections, trading activity remains above the 20-day EMA curve. Likewise, the MACD lines can be seen extending their upside move, with the leading line now crossing above the equilibrium level.
This suggests that market forces are still capable of pushing prices subsequently through the 50-day EMA line. This may then secure more tailwinds to propel the market further through the $0.004000 mark. Also, you can make your weekend unforgettable in the Tamadoge Arcade! Face waves of enemies, enhance your equipment, and rise to the top of the leaderboards to earn incredible $TAMA rewards!
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