Tamadoge (TAMA) Price Prediction for Today, June 20: TAMA/USDT Extends Profits Toward the $0.01300 Mark

Azeez Mustapha

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Trading activities in the TAMA/USDT market have continued to gradually gain higher price marks. Also, all the applied market indicators are positively biased, which suggests that the price of this token has picked a target at the $0.01300 rice level.

Tamadoge Data: June 20, 2023
Tamadoge Value: $0.012827
TAMA Market Cap: $18M
Tamadoge Flowing Supply: 1,393,353,219
TAMA Total Supply: 1,418,004,176
Tamadoge Ranking on CoinMarketCap: 600

Major Price Levels:
Resistance: $0.012827, $0.01300, and $0.01350
Support: $0.01260, $0.01230, and $0.01200

Tamadoge (TAMA) Price Prediction for Today, June 20: TAMA/USDT Extends Profits Toward the $0.01300 Mark

TAMA/USDT Bulls Are Ready to Continue the Upside Retracement

Even as volatility is in a humble state, TAMA/USDT bulls are set to break the price resistance at the $0.01300 price mark. For roughly four trading sessions in the 4-hour market time frame, buyers have kept gathering moderate but consistent gains. And in the ongoing trading sessions, price action is already about to break a new resistance at $0.01289. Price action crossed above the 9-day Moving Average (MA) curve in the previous trading session, and in this ongoing trend, prices are preparing to cross the 21-day MA too. At the same time, the Relative Strength Index (RSI) indicator is now rising convincingly towards the 50 mark. This reveals that price action has strong upside momentum, which may cause a notable upside retracement in this market.

Tamadoge (TAMA) Price Prediction for Today, June 20: TAMA/USDT Extends Profits Toward the $0.01300 Mark

Tailwind Is Getting Stronger in the TAMA/USDT Market

Upside forces are increasing in momentum in the TAMA/USDT market as price action crosses above the 9- and 21-day MA lines. By carefully observing the last price candlestick on this chart, one will also discover that the last price candle here has risen further upwards from the MA lines. This shows that trading activities continue to close in on the $0.01300 price level. Also, the leading curve of the Moving Average Convergence Divergence (MACD) indicator has just crossed above the 0.00 level, while the lagging one follows closely behind. The bars of this indicator prove that the market trend is considerably strong. Consequently, traders can expect price action to retrace above the $0.01300 price level. In addition, users can take a moment to see what ChatGPT has to say about one of the main characteristics of Tamadoge.

 

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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