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As anticipated, TAMAUSDT has progressively recovered a more elevated support level. As a result, the price action for this token draws closer to trading above a previously lost support. Let’s take a closer look at the market development of this token.
Tamadoge Data: September 28, 2023
Tamadoge Price: $0.008977
TAMA Market Cap: $12,517,686
Tamadoge Flowing Supply: 1,393,353,219
Tamadoge Total Supply: 2,000,000,000
TAMA Ranking on CoinMarketCap: 686
Major Price Levels:
Resistance: $0.008977, $0.009100, and $0.009200
Support: $0.008950, $0.008900, and $0.008800
Tamadoge Set Eyes on the Price Resistance Mark at $0.009377
Bullish momentum in the TAMAUSDT 4-hour market has continued to increase. This has caused the token to recover previously lost support due to the activities of headwinds. Price action has pushed the upper limit of the Bollinger Bands, but interestingly, headwinds seem to lack enough strength to cause any significant downward correction in this market.
This can be observed as a tiny red price candle appeared off the uppermost limit of the Bollinger Bands. Meanwhile, the lines of the Relative Strength Index (RSI) indicator have converged in the overbought region. Nevertheless, the bearing of these lines seems to suggest that it is likely that they keep trending upwards as the upside momentum looks strong.
TAMAUSDT Buyers Are Resisting Further Downward Correction Above the 0.008950 Mark
The perceived downward correction in the Tamadoge 4-hour market seems to be portrayed here in the 1-hour market. But on the bright side, buyers seem to have started resisting any further downward movements, going by the appearance of the last green price candle on this chart. Luckily, this has appeared above the middle band of the Bollinger Bands indicator.
This seems favorable, as it shows that buyers have a fighting chance against headwinds. Likewise, Bollinger Band itself remains tilted in the upside direction in recognition of the prevalent trend in this market. Therefore, TAMAUSDT has a good chance of retracing the $0.009100 mark. Additionally, Tamadoge has just launched a new project; join the Tama Army now to benefit from yet more to come.
Tama Army! Mystery Project 4 is launched and it’s our brand new Pet Store 🏪
👾 3D NFTs are now compatible with the games on Web
🏪 Use the store to upgrade and customise your NFTs
🐶 Haven’t got an NFT? Puppies are now here – every player gets a Tamadoge Puppy NFT they can use… pic.twitter.com/rOyKAtxa7N— TAMADOGE (@Tamadogecoin) September 28, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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