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Tamadoge Buyers have regained control of price action after locating strong support near the $0.00950 price level. Studying the movement of prices in the market hints that buyers have regrouped below the $0.01000 price mark. This implies that we may witness a strong upside retracement here.
TAMA Data: August 2, 2023
Tamadoge Value: $0.009973
TAMA Market Cap: $13,815,626
Tamadoge Flowing Supply: 1,393,353,219
TAMA Total Supply: 1,417,967,396
TAMA Ranking on CoinMarketCap: 681
Major Price Levels:
Resistance: $0.01000, $0.01050, and $0.01100
Support: $0.009973, $0.009800, and $0.009700
TAMAUSDT Stays Strongly in Pursuit of the $0.01000 Mark
Price movement in the Tamadoge market largely suggests that upside momentum is strong, as price action has its eyes on high resistance above the $0.01000 price mark. Over the past two trading sessions, it can be seen that there has been some significant buying. As a result, this has caused price action to retrace upwards.
Also, the applied Stochastic Relative Strength Index (RSI) indicator is now ramping upwards, indicating a massive gain in upside momentum. With the lines of the RSI still below the 50 level of the indicator, it could be seen that buyers have the chance to cause more upside retracement in this market.
Tamadoge Bulls Are Resiliently Keeping Up with Upside Pursuits
Looking at the TAMAUSDT hourly market, we can see that bulls seem to not be backing down just yet. Price action has hit the uppermost limit of the Bollinger Bands, and a downward correction has resulted. Nevertheless, the Moving Average Convergence Divergence (MACD) indicator continues to show that buyers are still viable in this market.
This is portrayed as the lines of the indicator keep rising toward the equilibrium level. Also, it could be seen that the bars of the MACD remain green and are increasing in length. Consequently, it appears that a retracement of $0.01050 may be seen. Also, you can learn more about Tamadoge’s play-to-earn works by reading our blog post via the link below.
👏 It's 👏 all 👏 about 👏 the 👏 utility!
To learn more about the utility of $TAMA and the Tamadoge Arcade's play-to-earn ecosystem, read our blog 👉https://t.co/n1MbYVUDim pic.twitter.com/x1Iww38KiL
— TAMADOGE (@Tamadogecoin) August 2, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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