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Tamadoge buyers are showing impressive resilience as they maintain the market above a key technical support level. The market previously experienced a price surge past the $0.001000 mark, followed by a retracement. Nevertheless, the token continues to trade above a promising support level, which may offer some upside momentum in subsequent sessions.
Key TAMA Statistics on September 30, 2024:
TAMA Price: $0.000920
Tamadoge Market Capitalization: $1,348,170
TAMA Circulating Supply: 1,417,967,390
TAMA Total Supply: 2,000,000,000
Tamadoge Rank on CoinMarketCap: 1724
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Upside Forces Seem to Be Lurking in the TAMA/USDT Market
As previously noted, the Tamadoge market corrected from the $0.001000 threshold. However, the downward correction appears to be limited, as indicated by the most recent price candle on the chart.
The market is now testing the middle limit of the Bollinger Bands (BB) indicator, suggesting that this level may present a strong baseline from which price action could resume upward movement. Despite this, the Stochastic RSI lines maintain a downward trajectory, reflecting the recent market trend.
The TAMA/USDT market on the hourly chart indicates that price activity is picking up. The last two sessions have consolidated roughly around the $0.000900 threshold, but the most recent price candle has closed above this level. Additionally, the Stochastic RSI lines have delivered a bullish crossover in the oversold region, with the lines now moving upward.
This trajectory aligns with the appearance of the latest price candle, suggesting that traders could use crypto signals to target the $0.000950 and $0.001000 price levels. Additionally, you can climb the weekly leaderboards and stack up on $TAMA rewards as you battle your way to the top!
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