Over the past two sessions, price action in the Tamadoge market has been recording moderate profits. However, downward forces are trying to fight against upside progress, but buyers are still retaining their upside focus. Consequently, this is hinting that the price may still extend towards a higher price mark in this market.
Tamadoge Data: August 15, 2023 Tamadoge Value: $0.008199
TAMA Market Cap: $10,816,367
Tamadoge Flowing Supply: 1,393,353,219
TAMA Total Supply: 1,417,967,396
Tamadoge Ranking on CoinMarketCap: 742
Major Price Levels: Resistance: $0.08200, $0.008300, and $0.008400
Support: $0.008199, $0.008099, and $0.008000
Tamadoge Buyers Are Making a Stand at a Key Support
Tamadoge’s price over the past two sessions increased towards the 9-day Simple Moving Average (SMA) curves. However, shot traders seem to be taking advantage of this price correction, while buyers seem to outnumber them. Consequently, this has only offered minimal setbacks, as prices stay near the $0.8200 mark. At the same time, the Stochastic Relative Strength Index (RSI) indicator lines continue to point smoothly toward the overbought zone. By implication, this suggests that buyers have significant strength and are likely to extend the upside correction.
TAMAUSDT Buyers Are in Position for a Rebound
Moving the scope of the TAMAUSDT price analysis to a much smaller one reveals that price action has picked up support at a key support level. At this point, buyers may have found the needed support to cause an upside rebound. Price action in the market stays around the 9-day SMA curve but above the 21-day curve. Also, the RSI lines are still in the overbought region, despite their downward bearing. Should buyers mount upside pressure at this point, prices may gain considerable traction, strong enough to reach the $.0.008450 mark. It’s exciting to announce that the Tamadoge Arena is now available on the iOS App Store. Download and enjoy.
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