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Price action in the Tamadoge market has successfully broken through the $0.004000 mark, as earlier suggested. Additionally, price action appears to have found higher support above the $0.004200 mark. The ongoing session suggests that the market may continue upwards from this support level.
Key Tamadoge Statistics on May 29, 2024:
TAMA’s Price: $0.004290
Tamadoge Market Capitalization: $6,188,702
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1338
Key Price Levels:
Resistance: $0.004500, $0.005000, and $0.005500
Support: $0.004000, $0.003500, and $0.003000
TAMAUSDT Sustains Above the $0.004200 Mark
TAMAUSDT Sustains Above the $0.004200 MarkPrice activity in the Tamadoge 4-hour market can be seen rising through the 100-day Exponential Moving Average (EMA) curve. The upside correction saw a significant boost in the past two sessions. However, the previous session dipped instantaneously, but the support at the 100-day EMA held solid.
The ongoing session seems to have picked up off the support level, as the last price candle here has appeared green. Meanwhile, the Stochastic Relative Strength Index (SRSI) lines are trending downward but are still above the 50 mark at the moment. Traders can still hope that the support at the 100-day EMA holds.
The Tamadoge Market Appears Resilient
Price action in the TAMAUSDT hourly market remains above all the EMA lines. However, the volatility in this market isn’t too high at the moment but still sustains above the EMA lines. Meanwhile, the SRSI indicator lines are still in the oversold region, yet the lines of the indicator can be seen projected upwards.
Nevertheless, the market seems aligned on a technical basis towards higher price levels. Traders can anticipate a further upward correction towards the $0.005000 mark. Therefore, this maintains the relevance of crypto signals targeting the mentioned price levels. Also, you can win prizes in #Tamadoge! 🏆
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— TAMADOGE (@Tamadogecoin) May 29, 2024
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