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As earlier mentioned, TAMA/USDT price action keeps gaining more elevated support. As of now, price action has moved support to the $0.01540 price mark. Furthermore, technical indicators are showing signs that price action in this market still has upside potential.
Tamadoge Data: May 30th, 2023
TAMA Value: $0.01540
Tamadoge Market Cap: $21,456,005
TAMA Flowing Supply: 1,025,380,201
Tamadoge Total Supply: 1,418,004,176
Tamadoge Ranking on CoinMarketCap: 602
Major Price Levels:
Resistance: $0.01548, $0.01610, and $0.01660
Support: $0.01540, $0.01520, and $0.01520
.01540" width="1255" height="668" data-lazy-src="https://learn2.trade/wp-content/uploads/2023/05/TAMAUSDT_2023-05-29_21-42-03.png"/>
TAMA/USDT Price Retains Upside Potentials
Price activities in the TAMA/USDT market have once again broken through the middle limit of the Bollinger Bands indicator. However, downward forces have pushed back at it, but buyers have valiantly defended the price support level at $0.01540. Consequently, Tamadoge’s price remains at the $0.01548 mark. In addition, the lines of the Relative Strength Index (RSI) keep trending upward toward the overbought region. By implication, this suggests that price action will most likely keep moving upward.
.01540" width="1255" height="668" data-lazy-src="https://learn2.trade/wp-content/uploads/2023/05/TAMAUSDT_2023-05-29_21-42-56.png"/>
Tamadoge Stays Well Positioned for Additional Upside Traction
Extending our scope to a short time frame, it is possible to see that TAMA/USDT price action has maintained its upside path despite the activities of headwinds. Although the last price candle here is a red one, it could be seen that price action is kept above the support at $0.01545. Also, it could be seen that the RSI curve remains in the overbought region after a crossover. Meanwhile, the Moving Average Convergence Divergence (MACD) indicator lines keep rising through an equilibrium level of 0.00. Summing up price activity in this market still shows that a retracement can continue toward the $0.01630 mark. Additionally, you can join the Tamadoge Twitter space to get the latest gist on happenings in the Tamaverse, as John Bishop and Tam Tom will be discussing on Friday.
🐶 #Tamadoge Weekly Update 🐶
CEO, Jon Bishop, will be joining Community Manager, Tama Tom, on Friday 2 June 2pm (UK)
Join our Twitter Space to hear what’s coming up in the Tamaverse 🎙️
Set a reminder here 👉 https://t.co/VP3h1cbsbX
— TAMADOGE (@Tamadogecoin) May 30, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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