Tamatoge’s price continues to pump seriously, after hitting a low around the $0.006000 price mark yesterday. With the way price action is moving, this token seems about to reclaim support above $0.01000 shortly. Let’s further analyze this market for more insight.
Tamadoge Data: August 19, 2023
Tamadoge Price: $0.009376
TAMA Market Cap: $13,129,418
Tamadoge Flowing Supply: 1,393,353,219
TAMA Total Supply: 1,417,967,396
TAMA Ranking on CoinMarketCap: 674
Major Price Levels:
Resistance: $0.009376, $0.009450, and $0.01050
Support: $0.009300, $0.009200, and $0.009100
Tamadoge Price Maintains a Riotous Ascension Toward the $0.01000 Mark
After price action in the Tamadoge 4-hour market broke through the resistance around $0.006890, a massive tailwind was kindled, which saw price action in this market ramp through multiple resistance marks in one trading session. As expected, there was a minimal downward correction, yet price action remains far above the 9- and 21-day Smooth Moving Average curves.
Simultaneously, the Moving Average Convergence Divergence (MACD) indicator has continued to rise upward. The leading line of this indicator has crossed above the equilibrium level, while the bars of the indicator are appearing green and taller. Consequently, this hints that buyers are in great numbers in this market.
TAMAUSDT Bulls Continues to Show Dominance
Even after TAMAUSDT price action arrived in the bear region, buyers seem to have grown very confident. This can be seen as another session has commenced in favor of buyers. Consequently, this brings price action to focus on approaching the $0.01000 price mark, as earlier mentioned. Meanwhile, price action remains above the SMA lines.
Also, both lines of the MACD are now above the equilibrium level. Although the bars of this indicator are now pale green, the appearance of the last price candlestick here shows that price activity will maintain its upside focus towards the $0.01100 price mark. In addition, you should prepare to be absorbed into the Tamadoge world as the community manager brings you juicy updates on the Tamaverse.
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