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The Tamadoge market recently recovered above the $0.000700 threshold. No sooner had this occurred than downward forces began attempting to push the market back below this recovered support. Nevertheless, indications suggest that price action may not succumb to the pressure exerted by these downward forces.
Key TAMA Statistics on March 1, 2025
TAMA Price: $0.0007
Tamadoge Market Capitalization: $906.51K
TAMA Circulating Supply: 1B
Tamadoge Total Supply: 1.41B
Tamadoge CoinMarketCap Rank: 1975
Key Price Levels:
Resistance: $0.000800, $0.001000, $0.001200
Support: $0.000700, $0.000500, $0.000400
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TAMA/USDT Downward Forces Hit a Brick Wall
Price activity in the Tamadoge 4-hour market suggests that the token may sustain itself above the psychological support level of $0.000700. While the price action has rebounded off the resistance at the 20-day Moving Average (MA) line, the last price candle on the chart has turned red, showing some bearish deviation. Despite this, price action remains above the $0.000700 mark.
The Stochastic Relative Strength Index (RSI) lines can be seen bending smoothly toward a crossover as they approach the lower levels of the oversold region. Overall, this market still appears to be trending toward an upside rebound off the noted support level.
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Tamadoge Sticks Around the 20-Day MA
Extending the TAMA/USDT market price analysis to the 1-hour chart, it is evident that upside forces are preparing for a potential move. Recently, price candles have been hovering around the 20-day MA line. However, the last price candle has positioned the token’s current price below all the MA lines on the chart.
The Stochastic RSI lines have completed a crossover around the 80 mark on the indicator, with the ensuing lines taking a somewhat sideways trajectory. Nevertheless, it seems possible that an upward rebound may soon occur, potentially pushing the price toward the $0.001000 level. Given that, you can still climb higher on the weekly leaderboards and stack up on $TAMA rewards as you battle your way to the top!
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📱 Android: https://t.co/D4TjX7gTFl
📱 iOS: https://t.co/0fjJapf5oA pic.twitter.com/6MCruiKcet— TAMADOGE (@Tamadogecoin) September 13, 2024
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