Tamadoge (TAMA) Price Outlook for March 8: TAMA/USDT Bursts Through the $0.008000 Mark

Azeez Mustapha


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The Tamadoge market has been able to retain its recently found upside trajectory. This has resulted in price action resurfacing above the $0.008100 mark. Despite this, the market still seems to have considerable upside potential, going by indications from trading indicators applied in this market.

Key Tamadoge Statistics on March 8, 2024:
Tamadoge’s Price: $0.008130
TAMA Market Capitalization: $11,340,142
TAMA’s Circulating Supply: 1,393,353,219
Tamadoge’s Total Supply: 1,417,967,396
TAMA’s Rank on CoinMarketCap: 1053

Key Price Levels:
Resistance: $0.008130, $0.008250, and $0.008500
Support: $0.008100, $0.008000, and $0.007900

Buyers Are Taking Tamadoge to Higher Price Levels

It is quite clear that the TAMA/USDT market has maintained a steady and reasonable upside correction. This has led to the token’s price action rising back above the $0.008100 mark. The current session has produced one of the most significant profits in more recent sessions. Nevertheless, it has witnessed moderate downward corrections, considering the upper shadow on the corresponding price candle for the ongoing session.

Be that as it may, buyers are still in the driving seat and still have the profit to show for it. While trading continues above the middle limit of the Bollinger Bands, we can see that the Moving Average Convergence Divergence (MACD) indicator lines are still at the initial stage of a crossover. This points out that upside forces are still driving the market.

TAMA/USDT Seems Set to Recover Lost Ground

In the Tamadoge 4-hour market, we can see that upside forces are still leading. In fact, the appearance of the last price candle here has pushed the market further upwards, as the token now trades at $0.008150. Volatility seems moderate, while the market tries to avoid triggering the headwinds, the MACD indicator lines maintain their steady upward path after upside forces have avoided a bearish crossover. Likewise, the bars of the MACD indicator continue to appear solid green above the equilibrium level.

Going by all the gathered indications, this market seems primed for a continued upward retracement, making bullish crypto signals quite usable in this market. Traders can still anticipate that price action in this market will approach the $0.008500 mark shortly. Meanwhile, you can explore the joy of our complimentary Tamagotchi-inspired application, where you can accumulate $TAMA tokens while nurturing your delightful virtual pet! Get Tamadogi now on both Android and iOS platforms to kickstart your earning journey.

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

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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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