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After Tamadoge dipped below the $0.008400 level, price activity appears to have found another support, from which it is preparing to break the resistance formed at the $0.008400 mark. Let’s delve into price development for more information.
Key TAMA Statistics on November 18, 2023:
Tamadoge Price: $0.008360
TAMA Market Capitalization: $11,853,711
Tamadoge’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 2,000,000,000
Tamadoge Rank on CoinMarketCap: 786
Key Price Levels:
Resistance: $0.008360, $0.008450, and $0.008550
Support: $0.008300, $0.008200, and $0.008100
TAMA/USDT Keeps Rising Towards the $0.008400 Price Level
In the Tamadoge 4-hour market, price action has surpassed the $0.008350 mark. The price candle representing the ongoing session is testing the middle limit of the Bollinger Band. The upper shadow of the mentioned price candle has even pierced through the $0.008400 mark.
Simultaneously, the Relative Strength Index (RSI) indicator lines are converging for a bullish crossover near the 40 mark of the indicator. As a result, price movements seem to be gathering bullish momentum to break the standing resistance.
Tamadoge Price Action Prepares to Cross an Important Landmark
Moving to the TAMA/USDT 1-hour market, price action is now on the verge of crossing the middle band of the Bollinger Bands indicator. Additionally, the Bollinger Bands indicator is contracting, suggesting that price movement is building up, leading to a potential price increase in line with the prevalent trend in this market.
Meanwhile, a bullish crossover is observed in the Relative Strength Index (RSI) indicator. Consequently, this further strengthens the claim that prices in this market will rise past the $0.008400 mark towards the $0.008550 mark. Also, you can still join the TAMA giveaway program and stand a chance to be one of the lucky winners.
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— TAMADOGE (@Tamadogecoin) November 18, 2023
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