The Tamadoge market has continued trading above the newly recruited support at the $0.01000 baseline. Headwinds have acted on price action but have failed to cause a correction below the mentioned support level. Already, upside forces have started resisting the effect of headwinds and are most likely to succeed from a technical point of view.
Key Tamadoge Statistics on March 16, 2024:
Tamadoge’s Price: $0.01013
TAMA Market Capitalization: $14,157,706
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 1,417,967,396
TAMA’s Rank on CoinMarketCap: 1026
Key Price Levels:
Resistance: $0.01013, $0.01200, and $0.01300
Support: $0.01000, $0.00900, and $0.00800
TAMA/USDT Buyers Should Prepare for an Uptrend Continuation
In the Tamadoge 4-hour market, price action has trickled towards the support at the $0.01000 mark. However, it appears that headwinds are weak, giving a chance for an upside rebound. The last price candle on this chart is a red dash one, which suggests that upside forces are mounting resistance at this point toward further correction.
In addition, price action remains above some of the Guppy Multiple Moving Average (GMMA) curves. Simultaneously, the Relative Strength Index indicator lines are now flat out in the oversold region. This implies that more traders will use the dip as an entry point, making bullish crypto signals quite an option in this market.
Tamadoge Gains Upside Focus
The TAMA/USDT 1-hour market has further revealed how upside forces are defending the $0.01000 support. It could be seen that upside forces have caused some upside correction of the mentioned support, as if pushing bears back. Meanwhile, the Relative Strength Index lines are currently trending upward toward the overbought region. The RSI indicator lines have maintained the upside focus despite the minor downward correction seen in the ongoing session.
Consequently, this signals that market forces may be trying to return prices back towards the $0.01300 mark. Meanwhile, you can explore the excitement of our no-cost Tamagotchi-inspired application, where you can accumulate $TAMA tokens while nurturing your very own endearing virtual companion!Grab Tamadoge on both Android and iOS today to kickstart your earnings journey.
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📱 Android: https://t.co/RfZIZOLaNJ
📱 iOS: https://t.co/du3iReizS4 pic.twitter.com/gFxppuh3sI— TAMADOGE (@Tamadogecoin) February 29, 2024
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