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Tamadoge’s price action seems to be preparing for an upside rebound. Additionally, technical indicators are predicting that buyers are gradually achieving an upside retracement. Let’s take a closer look at things in this market.
TAMA: April 21st, 2023
Tamadoge Value: $0.02684
TAMA Market Cap: $32,454,374
Tamadoge Flowing Supply: 1,025,380,201
Tamadoge Total Supply: 2,000,000,000
TAMA Ranking on CoinMarketCap: #504
Major Price Levels:
Resistance: $0.02690, $0.02730, and $0.02770
Support: $0.02684, $0.02654, and $0.02614
Tamadoge (TAMA) Buyers are Regrouping at the 38.20 Fibonacci Retracement Level
Price behavior on the 4-hour TAMA/USD market is suggesting that buyers are now regrouping at the price level of $0.2680. Also looking at the Relative Strength Index (RSI), we can see that the lines are now moving toward each other. Consequently, this points to the activities of buyers, as the piling up of long orders at the support level is around $0.02680. Therefore, the chances that an upside retracement may occur soon are realistic. Additionally, price action stays above the middle band of the used Bollinger Bands indicator, which reveals that Tamadoge price activities still have fair upside chances.
Tamadoge Buyers Are Putting Up Impressive Resistance to Headwind
On the TAMA/USD hourly chart, the last price candle here has pushed the lowest limit of the Bollinger Bands indicator. Also, this aligns with the support level at $0.02680. Technically, price action rebounded once it pushed the limits of the Bollinger Bands. Meanwhile, the Stochastic Relative Strength Index (RSI) curves have converged at the oversold level. Combining indications in this market appear to align with the idea that price action may soon retrace toward the $0.03050 price mark. And, perhaps you missed this latest information: TAMA has risen to the top of this week’s gainers list on Coingecko.
🎉 Are you READY
In case you missed it #Tamadoge has climbed it’s way to the top of the weekly #Gainer list on @coingecko 🐾🔥
We're barking with excitement 🚀🐕
Let’s keep the momentum going #TamadogeArmy 💪#TamaDoge #Bullish #DogeDay pic.twitter.com/2NOkEMez7G
— TAMADOGE (@Tamadogecoin) April 21, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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