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After the price move in the Tamadoge market visited the $0.008500 mark, it appears that downward forces were attracted. This resulted in prices taking a dip. However, this dip was short-lived because buyers had taken the opportunity to re-enter the market. Consequently, this prevented price action in this market from visiting the previous support at the $0.008000 mark.
Key TAMA Statistics on November 28, 2023:
Tamadoge Price: $0.008150
TAMA Market Capitalization: $11,495,514
Tamadoge’s Circulating Supply: 1,393,353,219
TAMA’s Total Supply: 2,000,000,000
Tamadoge Rank on CoinMarketCap: 825
Key Price Levels:
Resistance: $0.008150, $0.008250, and $0.008350
Support: $0.008100, $0.008050, and $0.008000
TAMAUSDT Takes Off from a Higher Support
Price action in the Tamadoge market has bounced off more elevated support, which is higher than the previous low under the $0.007800 mark. Also, there has been some consistency in price movements, seeing that price action has been bullish since the previous session, and the momentum has increased considerably, judging by the size of the price candle.
Additionally, the Relative Strength Index (RSI) indicator lines are also about to deliver a bullish crossover. As a result, this will strengthen the upside correction in this market, and prices will go higher.
Tamadoge Price Seeks Higher Grounds
Even in the TAMAUSDT 1-hour market, one can see that it maintains an upward gaze. This could be observed from the fact that the market is now trending towards the middle limit of the Bollinger Bands from below it. Meanwhile, RSI indicator lines are rising steadily upwards and are now closing in on the 50 mark.
Consequently, this suggests that although the moment is still developing, things are proceeding in a positive direction. Therefore, holders and traders of this token may eye the $0.008400 mark. In addition, Tamadoge token holders should note that another token is on the way, as it may have bullish implications for their holdings.
🔥 Countdown to November 30th! We're gearing up for our next $TAMA token burn.
Catch the details on the Burn Portal 👉 https://t.co/CweV78gM4h pic.twitter.com/xFtXGBAzf3
— TAMADOGE (@Tamadogecoin) November 27, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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