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The Tamadoge market has been trying to significantly surpass the $0.001000 price level in recent times. This is crucial because should price action gain support above this price level, this may signal that price action has broken free from the gravitational pull, and the market may rise considerably henceforth.
Key TAMA Statistics on November 11, 2024:
TAMA Price: $0.000955
Tamadoge Market Capitalization: $1.29M
TAMA Circulating Supply: 1,417,967,390
Tamadoge Total Supply: 2,000,000,000
Tamadoge CoinMarketCap Rank: 1798
Key Price Levels:
Resistance: $0.001000, $0.001100, $0.001200
Support: $0.000900, $0.000800, $0.000700
TAMA/USDT Market Now Has the Needed Support to Break the $0.00100 Resistance
The Tamadoge market has been a bit choppy in recent times, going by the looks of price candles. However, the market has a regular behavior of rebounding off the support formed by the 20-day Moving Average (MA) lines. Following the upward rebound, the last price candle on the chart has appeared above all the MA lines. What’s more is that the price candle is now green in appearance, which signifies that upside forces are in control.
The position of the last price candle suggests that upside forces can still push the market higher. This aligns with the activity on the Stochastic Relative Strength Index (RSI) lines. The lines of this indicator are now approaching an upward crossover above the 50-level of the indicator. Technically, this suggests that this market is now eyeing the next psychological price level just up ahead.
Tamadoge Traders Are Taking the Right Stand
Coming to the TAMA/USDT hourly market, it could be seen that price movement stays bullishly biased. Here, the last price candle stands just above the uppermost MA lines (20-day MA). The corresponding price candle to the ongoing session has a lower shadow but an upper one. Furthermore, the Stochastic RSI lines can be seen to have merged.
However, the resulting lines of this indicator have an upward bias. Technically, this agrees with the current path of the market and, as such, hints that crypto signals targeting a breakthrough of the $0.001000 mark may be very useful at this point. . Also, it isn’t too late to climb higher on the weekly leaderboards and stack up on $TAMA rewards as you battle your way to the top!
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📱 Android: https://t.co/D4TjX7gTFl
📱 iOS: https://t.co/0fjJapf5oA pic.twitter.com/6MCruiKcet— TAMADOGE (@Tamadogecoin) September 13, 2024
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