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Tamadoge buyers seem to be regrouping at the $0.000920 threshold. This has kept the market floating above the $0.000900 threshold. Meanwhile, the recent price candle indicates that buyers are resuming activity in this market. This may result in the market rising further upwards from here.
Key TAMA Statistics on October 18, 2024:
TAMA Price: $0.000938
Tamadoge Market Capitalization: $1.36M
TAMA Circulating Supply: 1,417,967,390
Total Supply: 2,000,000,000
Tamadoge CoinMarketCap Rank: 1739
Downward pressure had acted on price action in Tamadoge 4-hour market while it was above the $0.001000 threshold. This led to a rebound off the support formed by the lower limit of the Bollinger Bands. Recent price candles are appearing green after rebounding off the floor of the Bollinger Bands.
At the same time, the Stochastic Relative Strength Index (Stochastic RSI) lines are rising steadily from the oversold region. Technically, this aligns with price movement on the 4-hour chart, hinting that price action may climb toward higher levels subsequently.
Tamadoge Buyers Are Holding the Fort
Price action in the Tamadoge hourly market rebounded off the lower limit of the Bollinger Bands. However, it appears that downward forces are trying hard to restrict upward progress as green price candles have only oscillated within a narrow range. The good news is that price activity remains under upward pressure, and it has been so for two consecutive sessions.
Therefore, traders can maintain bullish speculations by using crypto signals, aiming for a target around the $0.001050 price mark. While this is ongoing, you can climb the weekly leaderboards and stack up on $TAMA rewards as you battle your way to the top!
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