Tamadoge (TAMA) Price Prediction for November 16: TAMA/USDT Rebounds off a Higher Support

Tamadoge has maintained its impressive performance ever since its price action rebounded off support above the $0.008200 mark. Despite minimal rejection in the ongoing session, this market seems primed for additional price increases.

Key TAMA Statistics on November 16, 2023:
Tamadoge Price: $0.008680
TAMA Market Capitalization: $12,038,395
Tamadoge’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 2,000,000,000
TAMA Rank on CoinMarketCap:  779

Key Price Levels:
Resistance: $0.008700, $0.0087500, and $0.008800
Support: $0.008680, $0.008600, and $0.008500

TAMAUSDT Stays Strong Despite Facing Minimal Rejection

The overall price trend in the Tamadoge market remains bullish, even after price action corrected slightly downward in the ongoing session. Trading activities continue to occur above the middle limit of the Bollinger Bands, above the $0.008650 price mark.

Likewise, the Moving Average Convergence Divergence (MACD) indicator lines keep trending upwards undisturbed. The histogram bars of the MACD continue to grow tall and green above the equilibrium point, suggesting that the uptrend may still be intact. Therefore, holders and traders alike can still expect the token’s price to surface at higher marks.

TAMA Seems to Be Targeting the Resistance at the $0.008800 Mark

Understanding that things don’t always move in a straight line, the behavior of price action in the TAMAUSDT market remains projected toward higher marks. Here, despite the downward correction seen in the ongoing session, as mentioned above, trading activities remain above the middle limit of the Bollinger Bands.

Likewise, the MACD indicator lines are still rising steadily upwards above the equilibrium level. By implication, this market remains on track toward higher price levels near the $0.009100 mark. Also, it should be noted that each player in the TAMA Arcade game will get a Tamadoge NFT.

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