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In previous sessions, price action in the Tamadoge market has been eyeing the $0.003600 mark. Now, the token has finally broken through this resistance level. Furthermore, the market appears poised for additional moves beyond the $0.003600 mark.
Key TAMA Statistics on May 24, 2024:
TAMA’s Price: $0.003640
Tamadoge Market Capitalization: $5,413,203
TAMA’s Circulating Supply: 1,393,353,219
-TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1382
Key Price Levels:
Resistance: $0.003900, $0.004500, and $0.005500
Support: $0.003600, $0.003000, and $0.002600
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TAMA/USDT Maintains Upside Hopes Above the $0.003600 Mark
Price activity in the Tamadoge 4-hour market has surpassed the $0.003600 mark and the Exponential Moving Average (EMA) curve. Additionally, headwinds seem to be defeated as price action continues to rise overall, despite the red appearance of the last price candle on this chart.
The Moving Average Convergence Divergence (MACD) indicator lines have also surpassed the equilibrium level. The lines of the indicator are at the initial stage of a crossover above the equilibrium level, indicating that more bullish crypto signals may still be relevant in this market.
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Tamadoge Upside Correction May Get Stronger
The TAMA/USDT hourly market shows that upside momentum may be bolstered. The behavior of the MACD indicator lines on this price chart supports this view. The bars of this indicator are now appearing green and quite tall above the equilibrium level.
Likewise, the lines of the indicator are fairly separated from each other, indicating that price movement may become more volatile. This explains the market’s upside focus despite the red appearance of the last price candle on the chart. Price activity remains above the EMA lines, keeping the market on track towards the $0.004000 mark. Step into the #TamadogeArena ⚔️
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📱 Android: https://t.co/INCaGendE4
📱 iOS: https://t.co/Fj9tT5Oicu pic.twitter.com/D1nvrnLSUl— TAMADOGE (@Tamadogecoin) May 25, 2024
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