Tamadoge (TAMA) Price Prediction for October 23: TAMA/USDT Aims for the $0.009000 Mark
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Tamadoge (TAMA) Price Prediction for October 23: TAMA/USDT Aims for the $0.009000 Mark

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Azeez Mustapha

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The TAMAUSDT market has once again experienced significant bullish momentum, especially as we approach the scheduled TAMA token burn program. As expected, this event may lead to substantial price increases, and there is potential for further gains as trading unfolds.

Key Tamadoge Statistics on October 23, 2023:
TAMA Price: $0.008596
TAMA Market Cap: $12,618,811
Circulating Supply of Tamadoge: 1,393,353,219
Total Supply of Tamadoge: 2,000,000,000
Tamadoge CoinMarketCap Ranking: 712

Key Price Levels:
Resistance: $0.008596, $0.008850, and $0.009000
Support: $0.008550, $0.008400, and $0.008300

Tamadoge (TAMA) Price Prediction for October 23: TAMA/USDT Aims for the $0.009000 Mark

Tamadoge Price Action Shows Strong Momentum

In the TAMAUSDT 4-hour market, consistent profits have been recorded since price action crossed above the 21-day Moving Average (MA) curve.

The ongoing session has been notably profitable, even as the Relative Strength Index (RSI) indicator lines continue to rise upward without hindrance. Despite the presence of an upper shadow on the current session’s price candle, it appears that this market is poised for further gains.

Tamadoge (TAMA) Price Prediction for October 23: TAMA/USDT Aims for the $0.009000 Mark

TAMAUSDT Maintains Its Upside Ambition

The Tamadoge 1-hour market remains consistently bullish, with the latest session staying in a bullish trend after price action broke through the $0.008500 resistance level. Additionally, the ongoing session is trading above the MA line. The RSI curves are converging in the overbought zone.

However, the orientation of these converging lines suggests that a reversal is unlikely in this market. Consequently, this indicates that the upside retracement may extend toward the $0.00900 mark. It’s also worth noting that $TAMA revenue from app purchases will be destroyed, alongside the burning of 10 million Tamadoge tokens.

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