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The TAMA/USDT price action recently hit strong support near the $0.01010 price, and an upside bounce occurred.
This is suggesting that more upside ground may be recovered shortly as buyers seem to be seeking to re-enter with full force.
TAMA Data: July 25, 2023
Tamadoge Value: $0.01027
TAMA Market Cap: $14,229,341
Tamadoge Flowing Supply: 1,393,353,219 TAMA
TAMA Total Supply: 1,417,967,396
TAMA Ranking on CoinMarketCap: 671
Major Price Levels:
Resistance: $0.01050, $0.01100, and $0.01160
Support: $0.01027, $0.01000, and $0.00965
Tamadoge’s Price Stands to Experience More Upside Correction
Considering the Tamadoge 4-hour trading chart, one could easily see that price action has pushed the lower limit of the Bollinger Bands. Subsequently, this resulted in an upside rebound, as it should, going by the Bollinger Band rule of operation.
However, a minor downward correction can be seen in this ongoing session. Yet, the Stochastic Relative Strength Index (RSI) maintains that upside momentum may increase as trading continues. This could be seen as the RSI having just delivered an upside crossover near the 20.95 level.
TAMA/USDT Buyers Are Effectively Fighting Headwinds
Price Action on the TAMA/USDT 1-hour market has challenged the middle band of the Bollinger Band within the past 4 hours. However, it seems that the resistance formed by this line is strong, as price action recoiled off it. Nevertheless, this market is still holding onto its upside path.
The lines of the RSI have surpassed the 70 levels of the indicator. Consequently, this suggests that price action can easily gain more upside traction from here, which could take prices back toward $0.01100. Furthermore, you can get the latest updates about giveaways and news, by joining the Tamadoge Telegram group.
Want to be even closer to the action? Join our Telegram group to be first in line for news, giveaways and updates! 🤩
Chat directly with our mods and community leads, and trade gaming tips with the rest of the Tama Army 👾💪
📱:https://t.co/yPpSTpMp1p pic.twitter.com/w30umVtNVZ
— TAMADOGE (@Tamadogecoin) July 24, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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