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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 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.
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.
Play to Burn 🔥
On top of the 10 Million $TAMA burn today – we're also burning all revenue from in-app purchases.
Every time you buy boosters, cosmetics & credits we'll add it to the burn portal ❤️🔥 pic.twitter.com/1ggEkyxLNP
— TAMADOGE (@Tamadogecoin) October 25, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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