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Headwinds in the Tamadoge market had earlier caused price action to revisit price levels below the $0.004000 mark. However, upside forces seem to have taken the right steps towards recovery. This has been ongoing for the past four sessions, as indicated by the price chart.
Key TAMA Statistics on June 9, 2024:
TAMA’s Price: $0.003784
Tamadoge Market Capitalization: $5,390,890
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1386
Key Price Levels:
Resistance: $0.004000, $0.004500, and $0.005000
Support: $0.003000, $0.003500, and $0.003000
TAMA/USDT Buyers Regain Control
Price movement in the Tamadoge 4-hour market has fallen under the control of upside forces. This happened after the previous session had earlier dissuaded the market minimally from its upward course. Meanwhile, trading activity continues to occur below the Exponential Moving Average (EMA) lines, but the last price candle on the chart shows that the market is holding onto an upward course.
Simultaneously, the Moving Average Convergence Divergence (MACD) indicator shows that upside forces still have the chance to make a noticeable positive impact in this market. This stems from the convergence of the indicator lines below the equilibrium level. Also, the bars of this indicator are now pale red, hinting that downward forces are weaker at the moment.
Tamadoge Buyers Are Maintaining a Positive Attitude
Price action in the TAMA/USDT hourly market can be seen to have risen past the 20-day EMA line. At the moment, the 50-day EMA line can be seen just above the last price candle here. While it appears that there has been some contraction in the session, the MACD indicator is hinting that upside forces are still capable of propelling the market further.
This is revealed through the trajectory of the indicator lines as they continue upwards toward the equilibrium level. Additionally, the last bar on the indicator has appeared above the equilibrium level and has a solid green color. This indicates that upward forces are more dominant. Therefore, traders set their trades with crypto signals targeting the $0.004500 level. Also, you can end your week with excitement at Tamadoge Arcade! Dive into exhilarating games like Rocket Doge, To the Moon, and Super Doge!
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