Tamadoge (TAMA) Price Outlook for May 13: TAMAUSDT Resumes Trading Above the $0.00400 Mark

Bulls in the Tamadoge market have gained control of price movements. As a result, price action has begun gaining more upside traction and the token  now trades above a previously lost support at the $0.004000 price level.

Key TAMA Statistics on May 13, 2024:
TAMA’s Price: $0.004090
Tamadoge Market Capitalization: $5,658,770
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1292

Key Price Levels:
Resistance: $0.004400, $0.004800, and $0.005400
Support: $0.004000, $0.003600, and $0.003200

TAMAUSDT Buyers Are Set To Extend Upside Correction

As mentioned above, it can be seen that the Tamadoge market is now taking support at a higher price mark. The price candle for the last three sessions can be seen appearing above the middle limit of the Bollinger Bands.

Likewise, the Stochastic Relative Strength Index (SRSI) curve continues to generally rise into the overbought region. This hints that the market may hit higher price levels, suggesting that bullish crypto signals can be put to use in this market at this point.

Tamadoge Maintains a Brave Stand Against Headwinds

The TAMAUSDT market, even on a shorter market timeframe of 1 hour, is demonstrating some impressive consistency. Here, the last price candle can be seen having a long lower shadow, while it keeps the coin trading above the middle limit of the Bollinger Bands. Meanwhile, the SRSI indicator lines have delivered a crossover, which still appears sideways at this initial point.

Nevertheless, the position of the corresponding price candle for the ongoing session suggests that the market may approach a higher price level around the $0.004200 mark shortly. By the way, are you feeling down on Mondays? Say goodbye to those blues with #Tamadogi 🐶 Kickstart your week by enhancing your pet’s abilities and ascending the ranks on the leaderboards!

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