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Buyers in the Tamadoge market have initiated a recovery move that has the potential to take the price above the $0.01150 mark. Already, buyers in this market are taking the lead, and it appears that more wins may be on the way.
TAMA Data: July 11, 2023
Tamadoge Value: $0.01104
TAMA Market Cap: $15,346,586
Tamadoge Flowing Supply: 1,393,353,219 TAMA
TAMA Total Supply: 1,417,967,396
TAMA Ranking on CoinMarketCap: 661
Major Price Levels:
Resistance: $0.01104, $0.01154, and $0.01116
Support: $0.01100, $0.01070, and $0.01055
TAMA/USDT Bulls Bounce Back to Retake Price Marks Above $0.01100 Level
Buyers in the Tamadoge market have been able to regain position above the $0.01100 price level, and this portrays a promising outlook for this crypto.
The last price candle on this chart is a green one, and it shows that price activities may proceed higher from here. It could also be observed that the lines of the Relative Strength Index (RSI) are now shaping toward a sideways path.
By implication, this suggests that downward forces are abating, and this may give way for a tailwind to develop in this market. Consequently, this will see prices rise through multiple resistance levels.
TAMA/USDT Price Action Looks Set to Gather More Upside Momentum
On the TAMA/USDT 1-hour market, price action has risen above the merged 9- and 21-day Moving Average (MA) curves. Even the last red price candle that has appeared on this chart still places the current price level Above the MA lines.
Furthermore, the Stochastic RSI indicator lines on this time frame have performed an upside crossover, and their lines are now trending upwards.
With this indicator line now above the 50 mark of the RSI, it is likely that the downward force will further subside and price action may correct towards the $0.01140 mark.
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— TAMADOGE (@Tamadogecoin) July 11, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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