Tamadoge (TAMA) Price Prediction for October 26: TAMA/USDT Resumes a Bullish Stance Above $0.008700
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Tamadoge (TAMA) Price Prediction for October 26: TAMA/USDT Resumes a Bullish Stance Above $0.008700

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Azeez Mustapha

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Previously, Tamadoge’s price action broke through the price resistance level at the $0.09400 mark. However, headwinds caused it to retreat below the mentioned price level. Subsequently, there were declines, but price action found strong support above the $0.008400 mark. Now, price action has started rallying back upwards and appears poised to reach higher price levels.

Key Tamadoge Statistics on October 26, 2023:
TAMA Price: $0.008735
TAMA Market Cap: $12,211,942
Circulating Supply of Tamadoge: 1,393,353,219
Total Supply of Tamadoge: 2,000,000,000
Tamadoge CoinMarketCap Ranking: 705

Key Price Levels:
Resistance: $0.008735, $0.008800, and $0.008900
Support: $0.008700, $0.008650, and $0.008600

Tamadoge (TAMA) Price Prediction for October 26: TAMA/USDT Resumes a Bullish Stance Above $0.008700

Tamadoge May Possess Renewed Upside Momentum

Price action in the Tamadoge market has begun to gain upside traction since the previous session. Although the magnitude of gains recorded in the ongoing session isn’t as substantial as in the previous session, it has set the token on the path to further gains.

The token now trades above the two sets of the applied Guppy Multiple Moving Average (GMMA) indicators. Additionally, the Relative Strength Index (RSI) indicator has shown an upside crossover in the oversold region. This suggests that price action will continue to gain more traction.

Tamadoge (TAMA) Price Prediction for October 26: TAMA/USDT Resumes a Bullish Stance Above $0.008700

TAMAUSDT Is Eyeing a Nearby Resistance at the $0.009000 Price Threshold

The TAMAUSDT hourly market has revealed that buyers have consistently remained in control for more than five trading sessions. This demonstrates that upside momentum has taken center stage in this market. The last price candle on this chart has positioned trading above the GMMA, as seen in the 4-hour market.

Moreover, the crossover on the RSI here seems to be quite extended, as its lines are now significantly in the overbought region. Despite this, it is likely that price action may head freely toward the $0.009200 mark. Additionally, it’s important to note that Tamadoge will be burning all the revenue from application purchases, potentially providing more momentum to price movements.

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