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The Tamadoge token has been trading mostly above the $0.000950 price level in recent times. As a result, it appears that buyers are now preparing for a stronger move that may see the market break through the higher resistance level.
Key TAMA Statistics on November 12, 2024:
TAMA Price: $0.000960
Tamadoge Market Capitalization: $1.31M
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 Is Gaining Volatility
The Tamadoge market seems to be gaining significant volatility. Also, the market seems to be moving in a more regular manner. The Moving Average (MA) lines can be seen trending toward a bullish crossover below the price action. The last price candle stands above all the MA lines while having a small body.
Meanwhile, the Stochastic Relative Strength Index (RSI) lines have delivered a bearish crossover above the 50 level. The resulting lines of the indicator are falling downward, which aligns with the appearance of the last price candle on the chart. Nevertheless, this coin still trades above the MA lines and, as such, has bullish hopes.
Tamadoge Buyers Are Making a Stand Above a Technical Support
The TAMA/USDT hourly chart has revealed that buyers are buying into the market. As a result, the last price candle can be seen standing above the $0.000950 price level, which is a psychological support level. Also, the mentioned price candle stands above all the MA lines while appearing green, representing buying activity..
The Stochastic RSI lines retain a downward trajectory. Nevertheless, the last price candle on this chart has placed the token above the $0.000955 mark. Additionally, traders can even anticipate an upward rebound off the $0.000950 price level. 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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