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In very recent trading sessions, Tamadoge’s price broke through the $0.008000 resistance price mark. Price action in this market has since continued to show more upside prospects. Let’s see how things proceed from here on out.
Tamadoge Data: August 26, 2023
Tamadoge Price: $0.008379
TAMA Market Cap: $12,018,806
Tamadoge Flowing Supply: 1,393,353,219
TAMA Total Supply: 1,417,967,396
TAMA Ranking on CoinMarketCap: 698
Major Price Levels:
Resistance: $0.008379, $0.008450, and $0.008550
Support: $0.008329, $0.008250, and $0.008200
Tamadoge Price Action Set to Keep Soaring Higher
Price action in the Tamadoge 4-hour market time frame suggests that buyers are now challenging another resistance price mark. Here, the price candlestick for the previous session corrected off an earlier downward path, bringing prices in this market to challenge the 50 Fibonacci Retracement level as a resistance level.
Also, the 9- and 21-day Smooth Moving Average (SMA) curves have just performed an upside crossover considerably below the last dash-shaped price candle on this chart. Likewise, the Moving Average Convergence Divergence (MACD) indicator curves have risen above the equilibrium point, with the MACD bars appearing solid green. Consequently, this is an indication that price action will likely extend its upside correction.
TAMAUSDT Bulls Are in Pursuit of More Upside Price Corrections
The TAMAUSDT hourly market reveals that in the recent trading session, price action had approached the $0.009000 resistance. However, headwinds in this market introduced only a moderate downward correction. This is because buyers swung into action and regained control. As a result, price action seems to have regained its upside path above the 21-day SMA line.
Additionally, the MACD lines are now turning sideways from their downward path while above the equilibrium level. This seems to hint at the fact that buyers are already charting a new course toward the $0.009000 price mark. Furthermore, you can also earn some Tamadoge tokens by playing the Tamadoge Arena on your mobile phone.
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📱 Android: https://t.co/INCaGendE4
📱 iOS: https://t.co/Fj9tT5Oicu pic.twitter.com/QgfrCIGod3— TAMADOGE (@Tamadogecoin) August 25, 2023
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