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Price action in the Tamadoge market shows signs of recovery from recent downward pressure. The latest price candle indicates that the market is poised to reclaim higher price levels. Additionally, other positive indicators suggest the potential for further gains in subsequent trading sessions.
Key TAMA Statistics on November 17, 2024:
TAMA Price: $0.000981
Tamadoge Market Capitalization: $1.34B
TAMA Circulating Supply: 1,417,967,390
Tamadoge Total Supply: 2,000,000,000
Tamadoge CoinMarketCap Rank: 1783
Key Price Levels:
Resistance: $0.001000, $0.001200, $0.001400
Support: $0.000950, $0.000800, $0.000700
TAMA/USDT Sees Momentum Gain
Turning to the TAMA/USDT 4-hour chart, price action has risen above three out of four MA lines. The 100-day and 200-day MA lines are converging below the price action. Meanwhile, the latest price candle has a long body that places the current price of the token above the 50-day MA line.
The Stochastic RSI lines are moving sideways at the 20 level of the indicator following a crossover. This suggests that upward momentum is still present.
Tamadoge Acquires More Bullish Grounds
The Tamadoge 1-hour market has experienced a spontaneous surge in bullish momentum. This observation is supported by the latest price candle on the chart. The mentioned price candle can be seen rising above the crossed 200-day and 20-day Moving Average (MA) lines.
Simultaneously, the Stochastic Relative Strength Index (RSI) lines ascend following an upward crossover. The lines of this indicator have already surpassed the 50 level, confirming the upward trajectory of the market and suggesting that the token’s price may increase further beyond the resistance level ahead. Therefore, price action seems poised to break through the $0.001000 resistance level and trade above that region. 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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