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Price action in the TAMAUSDT market has experienced an upside pump, as foretold. However, headwinds were encountered along the way, which presented resistance to price movements. Nevertheless, buyers were able to find a foothold above the $0.008850 price mark and seem to be preparing for another upsurge in this market.
Tamadoge Data: August 11, 2023
Tamadoge Value: $0.008854
TAMA Market Cap: $12,258,147
Tamadoge Flowing Supply: 1,393,353,219
TAMA Total Supply: 1,417,967,396
Tamadoge Ranking on CoinMarketCap: 709
Major Price Levels:
Resistance: $0.008860, $0.008900, and $0.008950
Support: $0.008854, $0.008800, and $0.008750
Tamadoge Buyers Are Preparing to Reclaim the $0.009000 Price Level
Price action in the TAMAUSDT market has witnessed a significant pump in the upside direction very recentlty, as earlier predicted. However, currently on the 4-hour market chart, it could be seen that price action is now holding to a support level just above the $0.008850 price mark. Nevertheless, it appears that buyers are still aiming for another upsurge, going by the indications coming from technology indicators.
The last price candle on this chart remains in contact with the bullish Guppy Multiple Moving Average (GMMA) curves. Meanwhile, the Stochastic Relative Strength Index (RSI) indicator curves are still rising towards the overbought region, above the 50 level of the indicator. Therefore, it seems that buyers are still gaining momentum.
TAMAUSDT Bulls Are Maintaining Their Stand Despite Headwinds
Even on the Tamadoge 1-hour market, price action remains in contact with the green set of the GMMA indicator lines. However, in the meantime, buyers are only able to stand firm above the acquired mark. But it appears that bulls are already holding on to upside ambitions. This is revealed as the lines of the Moving Average Convergence Divergence MACD indicator continue to rise towards the equilibrium level despite the effect of headwinds.
This indicator line remains on its slightly upward course, which also agrees with the opinion that buyers are still anticipating a further price increase towards the $0.009050 mark. Additionally, the Tamadoge Arena will soon be available on the iOS application suite.
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— TAMADOGE (@Tamadogecoin) August 10, 2023
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