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It has been suggested that Tamadoge bulls will soon regain prominence. Currently, the token now trades at a significant distance above the $0.001000 threshold, precisely above the $0.001400 price level. The market is now quite volatile, and this seems to hint that the market may rise very quickly at this point in time.
Key TAMA Statistics on November 21, 2024:
TAMA Price: $0.001458
Tamadoge Market Capitalization: 1.39M
TAMA Circulating Supply: 1,417,967,390
Tamadoge Total Supply: 2,000,000,000
Tamadoge CoinMarketCap Rank: 1693
Key Price Levels:
Resistance: $0.001500, $0.001700, $0.002000
Support: $0.001400, $0.001300, $0.001200
TAMA/USDT Trades Above the $0.001400 Threshold
The Tamadoge market now trades at a significant distance above all the Moving Average (MA) lines. The recent price candle in the market can be seen appearing conspicuously large. The ongoing session has appeared as a red-price candle but keeps the coin trading above all the MA lines.
Additionally, although the Stochastic Relative Strength Index lines have a downward trajectory, they still stay above the 50-threshold level of the indicator. Consequently, it appears that the market may still easily be caught up by upside forces in the market.
Tamadoge Market May Soon See a Trend Reversal
The hourly TAMAUSDT market has revealed that despite downward retracement, the market stays above notable technical landmarks. The last price candle has appeared below the 20-day MA line. However, three out of the four MA ribbons are still below price activity and at a significant distance.
Also, the Stochastic RSI lines can be seen already in the oversold region, suggesting that downward forces may soon be exhausted. Therefore, traders seem to be regrouping at the $0.001320 threshold level; as a result, we may see an upward rebound through the $0.001600 price level. Furthermore, you can still climb higher on the weekly leaderboards and stack up on $TAMA rewards as you battle your way to the top!
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