The price of Tamadoge has started rising out of the price region of $0.007140 and the $0.008200 mark. Over two trading sessions, price action in this market has consistently been on track to climb out of the mentioned price region.
Key TAMA Statistics on October 19, 2023:
TAMA Price: $0.008143
Tamadoge Market Cap: $11,123,049
Circulating Supply of TAMA: 1,393,353,219
Total Supply of TAMA: 2,000,000,000
Tamadoge CoinMarketCap Ranking: 692
Key Price Levels:
Resistance: $0.008143, $0.008200, and $0.008300
Support: $0.008100, $0.008050, and $0.00800
.008200 Mark" width="580" height="304" data-lazy-src="https://learn2.trade/wp-content/uploads/2023/10/TAMAUSDT_2023-10-19_02-27-46-1024x536.png"/>
Technical Indicators Stay Consistent With Price Increases in the Tamadoge Market
As mentioned earlier, the price of Tamadoge has been steadily increasing for two trading sessions on the 4-hour market. The last two price candles on this market chart appear green, with very small shadows above and below them. Meanwhile, trading activities are still below the 21-day MA line.
At the same time, the Relative Strength Index (RSI) indicator reveals that upside momentum is growing gradually as a crossover has occurred deep in the oversold region.
.008200 Mark" width="580" height="304" data-lazy-src="https://learn2.trade/wp-content/uploads/2023/10/TAMAUSDT_2023-10-19_02-28-28-1024x536.png"/>
TAMAUSDT Closes in on a Notable Support Level
Extending the price analysis to a Tamadoge 1-hour time frame has revealed that upside momentum is strengthening. The ongoing session shows significant bullishness, considering the size of the price candle representing the session. At this point, the close of this price candle can be seen testing the MA line as resistance.
Additionally, the Moving Average Convergence Divergence (MACD) indicator quickly delivers a crossover below the equilibrium level. The behavior of the RSI indicator suggests that buyers are quickly gaining momentum. As a result, traders can target the $0.008400 price level at this point. Furthermore, Tamadoge users can also benefit from the token’s giveaway program to win cool prizes.
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— TAMADOGE (@Tamadogecoin) October 18, 2023
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