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The Tamadoge market has been on an upward trajectory since breaking through the $0.003500 mark. Bulls are now eyeing the price resistance level at $0.004000. Technical indicators suggest that price action has the momentum to cross this medium resistance level.
Key TAMA Statistics on May 27, 2024:
TAMA’s Price: $0.003930
Tamadoge Market Capitalization: $5,506,170
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: $0.004000, $0.004600, and $0.005600
Support: $0.003900, $0.003400, and $0.002800
TAMA/USDT Bulls Put on an Impressive Display
Bulls in the Tamadoge market have shown impressive performance in the 4-hour chart. The ongoing session finds support at the converging 20 and 100-day Exponential Moving Average (EMA) curves. The session is bullish, as indicated by the green price candle.
Meanwhile, the Stochastic Relative Strength Index (SRSI) has delivered a bullish crossover in the oversold region, suggesting that the market may target the 200 EMA line at $0.004240. Traders might consider using crypto signals with targets near this mark.
Tamadoge Bulls in Pursuit of Higher Price Levels
A closer analysis of the TAMA/USDT market on a smaller time frame reveals further bullish potential. All EMA lines are below the price movement, and the Moving Average Convergence Divergence (MACD) lines are rising toward the equilibrium level, with the bars growing taller and green.
The new session is under the control of bullish forces. All indications suggest that the market is likely to cross the $0.004000 mark and approach $0.004500. Additionally, you can wrap up your week at #TamadogeArcade! Dive into an array of exciting games starring everyone’s beloved doge! Enjoy a mix of classic arcade fun and modern adventures.
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— TAMADOGE (@Tamadogecoin) May 26, 2024
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