Tamadoge (TAMA) Price Outlook for March 16: TAMA/USDT Prepares to Regain More Traction
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Tamadoge (TAMA) Price Outlook for March 16: TAMA/USDT Prepares to Regain More Traction

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Azeez Mustapha

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Buyers in the Tamadoge market have regrouped at the $0.009000 mark, and they are vengeful. Even headwinds at this point seem quite weak and may likely give way for more price increases. Let’s zoom in for a clearer look at trading activities in this market.

Key Tamadoge Statistics on March 16, 2024:
Tamadoge’s Price: $0.009030
TAMA Market Capitalization: $11,962,595
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 1,417,967,396
TAMA’s Rank on CoinMarketCap: 1054

Key Price Levels:
Resistance: $0.009030, $0.009500, and $0.01000
Support: $0.00900, $0.008500, and $0.008000

TAMA/USDT Pumps Off the $0.00900 Baseline

As earlier mentioned, price buyers in the Tamadoge 4-hour market seem to have regrouped at the $0.009000 price mark. This has resulted in price movements bouncing off that support. However, the ongoing session seems to have a very minor downward correction to the price movement in this market.

Nevertheless, the upside forces creating the bounce seem quite overpowering at this point.
To this effect, the Stochastic Relative Strength Index (SRSI) lines can be seen rising out of the oversold region. Consequently, this signals that prices will most likely maintain an upward trajectory, making a buy crypto signal usable in this market.

Tamadoge (TAMA) Price Outlook for March 16: TAMA/USDT Prepares to Regain More Traction

Tamadoge Buyers Can Hope to Record More Profits

In the TAMA/USDT 1-hour market, we can see that the token’s price action has been able to surpass most of the green lines of the Guppy Multiple Moving Average (GMMA) curves. Consequently, this signals that the market may gather more upside traction at this point. Likewise, the SRSI indicator lines can also be seen rising quite sharply out of the oversold region. This seems to align with indications from the 4-hour market, agreeing with the same prediction of a continued upside correction at this point in the market.

Therefore, traders can aim for price action to soon hit the $0.009500 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.

Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today

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