Tamadoge (TAMA) Price Outlook for March 23: TAMA/USDT Buyers Continue to Show Dominance as the Market Nears the $0.0100 Threshold

Azeez Mustapha

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Price activity in the Tamadoge market has continued to march upward and onward. Yet, upside forces are still showing more supremacy over downward ones. This seems to sound like an assurance that the market may hit higher marks shortly. Let’s dive into the analysis of the market.

Key Tamadoge Statistics on March 23, 2024:
Tamadoge’s Price: $0.009860
TAMA Market Capitalization: $13,813,267
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 1,417,967,396
TAMA’s Rank on CoinMarketCap: 1030

Key Price Levels:
Resistance: $0.009860, $0.01000, and $0.01200
Support: $0.009800, $0.009700, and $0.009500

Tamadoge (TAMA) Price Outlook for March 23: TAMA/USDT Buyers Continue to Show Dominance as the Market Nears the $0.0100 Threshold

TAMA/USDT Bulls Are Hinting Hard at Downward Forces

The last price candle on the Tamadoge 4-hour market has revealed that buyers have significant strength. Consequently, they have been able to keep the market on an upside track. This is true even when the market seems to be up against strong headwinds when approaching a psychological resistance of $0.01000.

The last price candle on this chart has shown that the market is preparing to break the $0.01000 resistance level after taking a gentle bounce off it. Price activity stands above the Guppy Multiple Moving Average (GMMA) curves. Likewise, the Moving Average Convergence Divergence (MACD) curves are still trending upward above the equilibrium level. Consequently, this signals that the uptrend is still on and may be utilized.

Tamadoge (TAMA) Price Outlook for March 23: TAMA/USDT Buyers Continue to Show Dominance as the Market Nears the $0.0100 Threshold

Tamadoge Buyers Are Still Aiming Higher

Even in the TAMAUSDT 1-hour market, it could be seen that price activity is still ready to keep going upwards. This seems to be a combined buying effect from traders. As a result, this has kept the market closing in on the near resistance at the $0.01000 mark. Nevertheless, it appears that traders are aiming higher than that resistance.

The last price candle can be seen sitting above the last GMMA lines. In addition to this, the MACD indicator lines are now pointed sideways in recognition of buyers’ relentless efforts to keep utilizing bullish crypto signals. Also, the bars of the MACD indicator are now pale red, showing that upside forces have the chance to keep the market trending upward. Therefore, traders can anticipate that the upside retracement may soon hit the $0.01100 price mark. Also, it is worth noting that by next week, the liquidity pool for $TAMA on @0xPolygon is set to be integrated!

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Keep an eye out for upcoming updates!

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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