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Price activities in the TAMAUSDT market have revealed that buyers are making headway as price action continues to obtain a much elevated support level. Such activities as this are pointing out that buyers are securing base support levels, which could be used to launch a more significant upside retracement.
TAMA Data: July 22, 2023
Tamadoge Value: $0.01060
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: 672
Major Price Levels:
Resistance: $0.01060, $0.01100, and $0.01150
Support: $0.01030, $0.01000, and $0.00970
Tamadoge Price Action Extends Upside Retracement to Surpass the 21-DMA Line
Since two sessions ago, price action in the TAMA/USDT market has been gaining upside traction. This started when price action approached the $0.01030 mark. As of now, the last price candle can be seen, bringing the current price level of this token above the 21-day Moving Average curve.
It is imperative to note that the 21-day MA curve resides above the 9-day MA. Technically, this suggests that bulls are making upside progress and prices may move further upward.
TAMA/USDT Is Approaching the $0.01070 resistance.
In the Tamadoge 1-hour market, it could be seen that price action has risen above the MA lines. Also, these lines are now getting closer to each other below the price action. By implication, it can be expected that a tailwind will propel prices further upward since buyers are likely to gain more confidence.
Also, it could be seen that bulls are effectively resisting opposition coming from headwinds through the lines of the Relative Strength Index (RSI) indicator. At the moment, the lines of this indicator are trending sideways. Therefore, we may see more upside price corrections in this market. You can also get fresh insights about Tamadoge’s NFTs, games, and more from the TAMA community manager.
🗞️ Weekly Tamadoge Update 🗞️
Community Manager, Tama Tom, has all the updates about our newest games, NFTs and more!
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— TAMADOGE (@Tamadogecoin) July 21, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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