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From the look of things in the Tamadoge market, it can be observed that participants are approaching the market in a more stepwise manner. The price of the token can be seen to have increased beyond its previous value as noted in the previous analysis. Additionally, technical indicators are suggesting that more price increases may yet be seen in this market.
Key TAMA Statistics on October 19, 2024:
TAMA Price: $0.000961
Tamadoge Market Capitalization: $1.34M
TAMA Circulating Supply: 1,417,967,390
Tamadoge’s Total Supply: 2,000,000,000
Tamadoge CoinMarketCap Rank: #1739
Key Price Levels:
Resistance: $0.001000, $0.001500, $0.002000
Support: $0.000900, $0.000850, $0.000800
Buying Resumes in the TAMA/USDT Market
While trading activity in the Tamadoge 4-hour market remains below the middle limit of the Bollinger Bands, the ongoing session has indicated that buyers are in the lead. The most recent price candle here has appeared green with no shadows above or below.
Additionally, the Stochastic Relative Strength Index (Stochastic RSI) lines can be seen maintaining an upward trajectory after crossing the 50 thresholds of the indicator. Consequently, this helps to confirm that upside forces are currently driving the market, which may lead to a retracement through higher price levels.
Tamadoge Upside Rebound Extends
The TAMA/USDT 1-hour market has helped to reveal that buyers are increasingly gaining confidence, and this can be perceived through the latest price candle on the chart. The earlier noted upside rebound had occurred in the previous session, however, the current session has displayed that bullish momentum has increased.
More interestingly, the aforementioned price candle has no shadows, which indicates that the session is not under pressure. Additionally, the Stochastic RSI lines can be seen merging and are now trending sideways above the 20 mark of the indicator. This suggests that an upside crossover may result from this point, which may in rease the usefulness of crypto signals with targets at and beyond the $0.001000 price level. Meanwhile, you can climb 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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