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Buyers in the TAMA/USDT market seem to have mounted a strong defence near the price level of $0.01350. Consequently, this has resulted in an upside price correction as soon as price action tested the support at the mentioned price mark.
Tamadoge Data: June 27, 2023
Tamadoge Value: $0.01364
TAMA Market Cap: $19M
Tamadoge Flowing Supply: 1,393,353,219
TAMA Total Supply: 1,417,967,396
Tamadoge Ranking on CoinMarketCap: 599
Major Price Levels:
Resistance: $0.01364, $0.01390, and $0.01430
Support: $0.01350, $0.01320, and $0.01300
TAMA/USDT Bulls Are Taking Control
Buyers in the TAMA/USDT market seem to have taken control of price movement from here on out, as price action seems to have gained significant upside traction.
Price action in this market recently fell below the 9- and 21-day Moving Average (MA) curves. However, the current trading session has revealed that buyers are ready to push prices back upward. The last price candle here is a green one and seems to have returned price movement towards a nearby resistance at the 50 Fibonacci Retracement Level.
Bullish confidence may increase further once price action breaks this targeted resistance. Meanwhile, the Relative Strength Index (RSI) indicator lines are also rising upward from the overbought region. Consequently, this suggests that prices will increase further in this market.
Tailwind Is Growing Stronger in the Tamadoge Market
Tamadoge buyers are getting increasingly confident about additional price increases in this market. The appearance of the last price candle here hints that upside momentum is increasing. The wick of the last price candle can be seen piercing through the 21-day MA curve.
Meanwhile, the current price level has surpassed the 9-day MA and is now testing the 21-day MA. The Relative Strength Index curve can now be seen ramping toward the 70 levels of the indicator while at the 65.64 and 54.57 marks (leading and lagging lines, respectively).
Consequently, it seems more likely that price action will break the price resistance level at $0.01386, and rise towards $0.01400 from there. In addition, you should know that Tamadoge has a great future for its users. Playing the Tamadoge Arcade will be a lot more profitable for society.
We’re not saying we’re ‘the future’, but we’re also not NOT saying it… pic.twitter.com/IvVHzizPzW
— TAMADOGE (@Tamadogecoin) June 27, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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