Price action in the TAMA/USDT market has found dependable support above the $0.01100 mark. As of now, market behavior suggests that price movement is gaining more upside traction, with which prices may advance through higher price marks.
TAMA Data: July 18, 2023
Tamadoge Value: $0.01103
TAMA Market Cap: $15,259,417
Tamadoge Flowing Supply: 1,393,353,219 TAMA
TAMA Total Supply: 1,417,967,396
TAMA Ranking on CoinMarketCap:669
Major Price Levels:
Resistance: $0.01103, $0.01153, and $0.01200
Support: $0.01100, $0.01070, and $0.01050
The TAMA/USDT Price Keeps Attaining Higher Marks
Price activities in the TAMA/USDT 4-hour market have been advancing towards higher price levels over about three consecutive trading sessions. As a result, price action has pushed through the 9-day Moving Average lines. Meanwhile, the last price candle for the ongoing session is now testing the resistance presented by the 21-day MA line.
Likewise, we can see the lines of the Stochastic Relative Strength Index (RSI) indicator, which indicates the momentum of the market is now rising upward. Consequently, this is indicative of a continued price increase in this market.
Tamadoge Bulls Are Determined to Extend the Current Price Move
In the TAMA/USDT 1-hour market, we can see that price action has surpassed the MA lines on this chart. However, headwinds tried to push back at price action about three sessions ago but failed, as bulls quickly stepped into action. It could be seen that, for the second straight trading session on this time frame, buyers have been making upside progress above the MA lines.
Also, the MACD lines are now above the equilibrium level and are still trending in the upward direction, with a considerable distance between the two lines.
Therefore, we can anticipate that the upside retracement will extend toward $0.01160. Also, it is beneficial to know that one can earn the $TAMA token by playing the Tamadoge Arcade.
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