Tamadoge (TAMA) Price Outlook for May 3: Upside Forces in the TAMA/USDT Market Are Making Progress

As expected, price activity in the Tamadoge market has moved upward. In the previous post, the token had just recovered support above the $0.004200 mark. However, the market is advancing upward, as speculated. Let’s further examine the trend in this market for more possible moves.

Key Tamadoge Statistics on May 3, 2024:
TAMA’s Price: $0.004370
Tamadoge Market Capitalization: $6,121,502
TAMA’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 1,417,967,396
Tamadoge’s Rank on CoinMarketCap: 1248

Key Price Levels: 
Resistance: $0.004500, $0.00500, and $0.005500
Support: $0.004300, $0.00400, and $0.003500

TAMA/USDT Closing in on a Higher Target

The Tamadoge 4-hour market has continued upwards after breaking the $0.004300 resistance. At this point, the market can be seen to be eyeing the $0.004500 mark. On the price chart, the current session has brought in significant profits. The mentioned price candle can be seen rising through the green Guppy Multiple Moving Average (GMMA) curves.

While trading activity is now between the red and green GMMA indicator lines, the Stochastic Relative Strength Index (SRSI) can be seen rising upwards towards the overbought region. This is happening despite the appearance of an upper shadow on the last price candle on this chart. This seems to maintain the usefulness of bullish crypto signals in this market.

Upward Forces in the Tamadoge Market Are Defending the Up Trend

Moving to a 1-hour TAMAUSDT market, one can see that trading activities are occurring outside the Bollinger Bands indicator. The current session has seen a minimal downward correction, yet the token is still trading above the uppermost limit of the indicator. This suggests a hyper-bullish characteristic for price action in this market.

Furthermore, we can see that SRSI indicator lines are still projected upward in the overbought region. Such behavior of the SRSI indicator stays consistent with the trend and suggests that the market may approach the $0.005000 mark in the meantime. Also, in the Tamaverse, you can discover NFTs: Exclusive Avatars: singular pets boasting individual characteristics.

NFT's in the #Tamaverse 🎮

🐕 Unique Characters: One-of-a-kind pets with distinct traits!

🏆 Gameplay Advantages: Traits like intelligence and agility help you score higher and earn more $TAMA.

🔄 Trading & Collecting: Trade your #NFT on the marketplace to collect rare pets. pic.twitter.com/fFePnL7f7i

— TAMADOGE (@Tamadogecoin) May 3, 2024

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