Buyers in the Tamadoge market seem to have regrouped near the $0.02500 price level. And at this point, price action seems to have rounded upwards due to the activities of the buyer. Let’s see how this move will fare.
TAMA: April 28th, 2023
Tamadoge Value: $0.02553
TAMA Market Cap: $28,396,995
Tamadoge Flowing Supply: 1,025,380,201
Tamadoge Total Supply: 2,000,000,000
TAMA Ranking on CoinMarketCap: #546
Major Price Levels:
Resistance: $0.02553, $0.02600, and $0.02650
Support: $0.02533, $0.02500, and $0.02480
Tamadoge (TAMA) Prepares an Upside Bounce
On the 4-hour market, the TAMAUSD price seems to have staged a price pullback at the $0.02500 mark. Currently, price action is recouping profits towards the middle limit of the Bollinger Bands, placing the price at the $0.02553 mark. Simultaneously, the Relative Strength Index (RSI) indicator lines are approaching a bullish crossover in the oversold area. At this point, prices may rise significantly as more traders join the developing uptrend trend.
Tamadoge (TAMA) Sets to Break the $0.02622 Resistance Shortly
On the hourly TAMAUSD market, price movement seems focused on breaking a more nearby resistance at $0.02622. Here, price action has been gathering moderate profits over the past two trading sessions. However, during the ongoing session, there appears to be a very minor downward retracement. Nevertheless, the RSI indicator lines show that the price upside focus seems undisturbed by the minor perceived retracement. Therefore, we can anticipate that price movements in this market may even surge past the $0.02622 mark, towards the $0.02700 mark. Tamadoge is pumping furiously, as it will get listed on exchanges come May.
https://twitter.com/Tamadogecoin/status/1651922715933122561
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