Tamadoge (TAMA) Price Prediction for October 28: TAMA/USDT Initiates Another Upside Retracement Above the $0.008000 Mark

Azeez Mustapha

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The Tamadoge market has exhibited resilience above the $0.008000 mark despite facing headwinds impacting its price action. Nevertheless, this token demonstrates readiness to rebound towards higher price levels.

Key Tamadoge Statistics on October 28, 2023:
TAMA Price: $0.008099
TAMA Market Cap: $12,211,942
Circulating Supply of Tamadoge: 1,393,353,219
Total Supply of Tamadoge: 2,000,000,000
TAMA CoinMarketCap Ranking: 705

Key Price Levels:
Resistance: $0.008099, $0.008150, and $0.008300
Support: $0.008050, $0.008000, and $0.007900

Tamadoge (TAMA) Price Prediction for October 28: TAMA/USDT Initiates Another Upside Retracement Above the $0.008000 Mark

Tamadoge Bulls Remain Resilient

Following a peak of $0.009200 in the Tamadoge market, headwinds triggered a downward correction. The bulls have persistently made efforts to mitigate this correction. Currently, buyers are attempting to push the price above the $0.008000 support level.

Additionally, a bullish crossover is noticeable on the Relative Strength Index (RSI) indicator in the oversold region. The last price candle on the chart has positioned the current token price above the initial curve of the Guppy Multiple Moving Average (GMMA) line, signaling the buildup of bullish momentum.

Tamadoge (TAMA) Price Prediction for October 28: TAMA/USDT Initiates Another Upside Retracement Above the $0.008000 Mark

 

TAMAUSDT Shows Progress in Its Upward Trajectory

In the TAMAUSDT 1-hour market, significant progress has been observed in price action. The developing upward momentum has gained moderate traction, as evident from the signals provided by technical indicators. The last price candle on this chart has situated the token’s price above the first set of the GMMA lines.

Moreover, the RSI indicator lines have continued to rise from the oversold region, indicating healthy volatility in the building upside momentum. This may lead to a further upward price correction towards the $0.008200 mark. Additionally, it’s noteworthy that the Tamadoge Arena has been upgraded, featuring a new pet store.

Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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