Tamadoge (TAMA) Price Prediction for Today, October 9: TAMAUSDT Buyers Defeat the Resistance at the $0.009000 Resistance Mark

Tamadoge prices have, for the medium term, consolidated below the $0.008900 price level. However, after much effort, buyers have been able to push prices in this market beyond the once-held price resistance threshold.

TAMA Data: October 9, 2023
Tamadoge Price: $0.009019
Tamadoge Market Cap: $12,605,097
TAMA Flowing Supply: 1,393,353,219
Tamadoge Total Supply: 2,000,000,000
Tamadoge Ranking on CoinMarketCap: 699

Major Price Levels:
Resistance: $0.009019, $0.009050, and $0.009100
Support: $0.009000, $0.008900, and $0.008800

TAMAUSDT Obtains New Support

With Tamadoge now trading above the 0.009000 price level, it appears as if its price action has just obtained new support for further price increases. Following the sudden price surge in the past three sessions on a 4-hour time frame, subsequent sessions have witnessed some short trades.

However, it could be perceived that the appearance of the price candles that represent those sessions, suggests that downward forces have only a minimal effect. Furthermore, the Relative Strength Index (RSI) indicator lines are still generally oriented in the upside direction while in the overbought region. As a result, this signals that buyers are still making their presence felt in this market.

Headwinds in the Tamadoge Market Stay Largely Defeated

The TAMAUSDT 1-hour market has further revealed that headwinds are fighting back in this market. Nevertheless, considering the progress made by bulls in the previous sessions, headwinds are still appearing very overwhelming. In this time frame, trading activities continue to occur above the 50-day Moving Average curve. Furthermore, the RSI lines are trending downward towards level 50 of the indicator.

However, it could be seen that these lines were somewhat bent in such a way as if preparing to initiate a bullish crossover. This will then result in price action resuming its upside path towards higher levels at the $0.009250 price mark in subsequent sessions. In addition, you can now earn the TAMA token as you play across the five Tamadoge classic games.

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— TAMADOGE (@Tamadogecoin) October 8, 2023

Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today