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Signs emanating from the Tamadoge market support that buyers have started making a significant impact, as price action rebounded to a strong support level. At this point, price action is already eying a physiological resistance at the $0.01200 price mark. Should this mark be broken, prices may retrace even higher.
TAMA Data: July 6, 2023
Tamadoge Value: $0.01186
TAMA Market Cap: $18,529,097
Tamadoge Flowing Supply: 1,393,353,219 TAMA
TAMA Total Supply: 1,417,967,396
TAMA Ranking on CoinMarketCap: 649
Major Price Levels:
Resistance: $0.01186, $0.01220, and $0.01260
Support: $0.01150, $0.01130, and $0.01100
Tamadoge Buyers Are Making a Strong Re-Entry
On the Tamadoge 4-hour market, indications here suggest that buyers are now re-entering, as price action picks up upside momentum.
During the previous session, this market experienced a significant price increase. Prices rebounded from near the $0.01150 price level to $0.01182. Furthermore, the ongoing session seems to hold more upside promises, as the price candle representing it is already eying the $0.01193 price mark.
Also, the Stochastic Relative Strength Index (RSI) Is indicating that upside momentum is growing stronger. The lines of this RSI can be seen rising towards the 50 mark of the indicator following a crossover. The last price candle on the chart also stays consistent with the opinion that price action may increase further.
TAMA/USDT Upward Traction Is Increasing in Strength
The 1-hour TAMA/USD market shows that buyers are resiliently making sure that price action is approaching higher marks. Over the past three hours, short-term traders brought about some moderate downward correction to price movement.
However, buyers were quick to restore upside focus to the market, as the last price candlestick in this market signifies that buyers have recovered all of their losses in the past two sessions. Also, the RSI indicator is preparing for an upside crossover in the overbought region.
Therefore, traders can keep their hopes up for a retracement of $0.01250 shortly, as price action is likely to gain more upside momentum. Also, you can drop the name of the game displayed below in the comment section if you can identify which game this is.
Anyone know which adventure our feisty lil' Tamadoge is on in this screenshot?
Drop the name of the game in the comments! 🏜️ pic.twitter.com/YFc1KNSanR
— TAMADOGE (@Tamadogecoin) July 6, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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