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The selling pressure began to increase at the 20th hour of yesterday’s trading session. And the buyers were quick to defend their ground as they held up strongly to resist bearish advances. This inevitably led to the market price consolidation that lasted all through the night until around 6 am this morning. The buyers take the Tamadoge market with a sudden bullish move.
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.0359
- TAMA/USD market cap: $37,800,986
- TAMA/USD circulating supply:1.05Billion
- TAMA/USD total supply: 1,049,733,333
- TAMA/USD coin market ranking: #2665
Key Levels
- Resistance: $0.0400, $0.0500, $0.0600
- Support: $0.0300, $0.0400, $0.0450
Tamadoge Market Price Analysis: The Indicators’ Point of View
The sudden price bump in the 6th hour of today’s trading session went out of the Bollinger band. This means the bullish move was so strong that it sent the price into the overbought. This type of bullish move allowed the sellers to push the price down. However, the sellers could not continue to push the price because of bullish resistance.
Tamadoge: TAMA/USD 5-Minute Chart Outlook
Tamadoge bulls are holding up their ground as they are still maintaining the market around the current price. From this point of view, it appears as though the two forces are matching against each other again. The Bollinger band is compressing as the market progresses. Another consolidation may be around the corner.
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