For the short-term 24 hours, TAMA/USD price action has been trading under the price resistance level of $0.01601. However, considering the ongoing session, it could be perceived that the mentioned resistance level has been broken. Consequently, this suggests that more upside retracement may be witnessed.
TAMA: May 21st, 2023
Tamadoge Value: $0.01615
Tamadoge Market Cap: $21,865,682
TAMA Flowing Supply: 1,025,380,201
Tamadoge Total Supply: 1,418,004,176
Tamadoge Ranking on CoinMarketCap: 591
Major Price Levels:
Resistance: $0.01615, $0.01655, and $0.01695
Support: $0.01600, $0.01580, and $0.01555
Tamadoge (TAMA/USD) Bursts Through Price Ceiling Level
Price activity in the TAMA/USD 4-hour has surpassed the price ceiling at $0.01601. By implication, this indicates that a significant tailwind may have been triggered. Also, the Relative Strength Index (RSI) indicator curve continues to trend upwards, with the leading line now above the 50 levels of the indicator. Meanwhile, the lagging line remains at the 35.68 mark, which suggests that the current price trend may be strong enough to cause a significant upside retracement.
The Tailwind in the TAMA/USD Market Is Already Pushing Limits
In the hourly TAMA/USD market, price action has already broken through the uppermost band of the Bollinger Bands indicator. Also, it is important to note that the last price candlestick for this session is still a green one, which indicates that buyers still outnumber sellers in the ongoing session. Furthermore, the RSI indicator’s leading line has reached the peak of the indicator in the overbought region. However, the behavior of this line suggests that a trend reversal may not occur here. This can be seen as the leading line has stuck to the 100 mark and is now trending sideways. Therefore, traders can anticipate that price action may retrace the $0.01650 mark. It is also juicy to stay connected with all the latest Tamadoge updates, giveaways, and news to make more profits. Join our Telegram channel to do that.
Join our Telegram group to be first in line for news, giveaways and updates! 🤩
Chat directly with our mods and community leads, and trade gaming tips with the rest of the Tama Army 👾💪
📱:https://t.co/yPpSTpMp1p pic.twitter.com/tpqkvOBtgr
— TAMADOGE (@Tamadogecoin) May 20, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.
