Tamadoge’s price action is consistently working to rise above the $0.008150 price level, as buyers appear to have re-entered the market with substantial momentum. Let’s examine how this situation may develop.
Key Tamadoge Statistics on October 21, 2023:
TAMA Price: $0.007906
TAMA Market Cap: $11,202,467
Circulating Supply of Tamadoge: 1,393,353,219
Total Supply of Tamadoge: 2,000,000,000
Tamadoge CoinMarketCap Ranking: 710
Key Price Levels:
Resistance: $0.007906, $0.008000, and $0.008150
Support: $0.007900, $0.007800, and $0.007700
Tamadoge Traders Go Long
The appearance of a green price candle on the Tamadoge 4-hour market signals that buyers are entering the market. This has pushed the token’s price above the resistance formed by the 21-day Moving Average line, indicating the potential for significant upside momentum.
Additionally, the Relative Strength Index (RSI) indicator, which typically reveals the trend’s strength, indicates that bullish momentum will continue to grow. There is some volatility indicated by the divergence between the RSI lines, suggesting price action may be volatile as it climbs higher.
TAMA/USDT Shows Consistent and Moderate Gains
On the TAMA/USDT pair, it’s evident that buyers have been making consistent profits. As mentioned earlier, the size of the price candles indicates increased volatility during the session. Similarly, the token’s price remains above the moving average (MA) line, in line with what’s observed on the 4-hour market.
Additionally, the RSI lines are still trending upward into the overbought zone. These indications point to the potential for the price to break through the $0.008200 resistance level. Keep an eye on Tamadoge’s burning program, as it could have bullish implications for the token.
No tricks, just treats! We're burning 10 Million $TAMA October 25th.
Keep track of the burn on our portal here 👉 https://t.co/CweV78geeJ pic.twitter.com/vre1eNBYdu
— TAMADOGE (@Tamadogecoin) October 20, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today.
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