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The Tamadoge price action had previously dwelled above the $0.004000 mark for a while. However, the market hasn’t shown that a support has been found above that price level during those time. Today, price action seems to have finally obtained good support at the mentioned price threshold.
Key TAMA Statistics on June 3, 2024:
TAMA’s Price: $0.004040
Tamadoge Market Capitalization: $5,689,517
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1371
Key Price Levels:
Resistance: $0.004250, $0.004500, and $0.004750
Support: $0.003750, $0.003500, and $0.003250
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TAMA/USDT Market Solidly Plants Foot at the $0.004000 Mark
Today, the Tamadoge market delivered an impressive performance, as price action in the market appears to have found a strong support level at the $0.004000 mark. The last price candle on the 4-hour market chart can be seen standing just at the mentioned price level.
As a result, the market has just surpassed the first Exponential Moving Average (EMA) line (100-day EMA). Simultaneously, the Stochastic Relative Strength Index (SRSI) indicator lines can be seen delivering an upside crossover in the oversold region. The lines of the indicator have been trending upward afterward. Technically, this supports the use of crypto signals targeting higher price levels at this point.
In the TAMA/USDT market on the 1-hour chart, it can be deduced that price action will likely continue upwards. Over the previous session on the 1-hour market, price action seems to have dwelled to the psychological threshold of $0.004000. Consequently, the price line seems quite strong, and prices rebounded off it toward higher price levels.
The last price candle on this chart can be seen as having a larger body and placing the market higher than the previous ones. The last price candle here can be seen preparing to cross above the 20-day EMA line. At the same time, the SRSI lines maintain an upward trajectory. This technical confluence hints that prices may progress upwards towards $0.004500 and higher afterward. While that is ongoing, you can raise, nurture, and interact with your very own virtual pet! Keep your Tamadoge content in good health, and you’ll continuously earn rewards! $TAMA.
Raise, feed, and play with your very own digital pet! 🐕
Make sure to keep your #Tamadogi happy and healthy and the rewards will keep coming! $TAMA
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