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Previously, the Tamadoge maintained a strong support price of $0.026, but as the selling pressure continues to shift the level of the resistance, moving it closer and closer to the Support level, the market eventually break out in a bearish way. However, the bulls salvage the price with massive buying pressure and they restore the price to $0.026.
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.026
- TAMA/USD market cap: $35,230,055
- TAMA/USD circulating supply:1.05Billion
- TAMA/USD total supply: 1,049,733,333
- TAMA/USD coin market ranking: #2637
Key Levels
- Resistance: $0.027, $0.028, $0.029
- Support: $0.025, $0.024, $0.023
Tamadoge Market Price Analysis: The Indicators’ Point of View
Because of the aggressive bullish move, The Bollinger band is forming an upward-moving price channel. However, the 9-day moving average changes its upward movement to a sideway movement. This may be the result of the strong resistance the market encountered at $0.0264. The support level has shifted to a higher price and the resistance slide downwards a bit. The eventual result of the support level getting closer to the resistance is a bullish price breakout.
Tamadoge: TAMA/USD 5-Minute Chart Outlook
As the support price level moves closer to the resistance, a consolidating price pattern forms on the chart. The tug-of-war continues to get intense. From this standpoint, another higher support is forming. This indicates that bulls are becoming stronger than bears. Tamadoges next stop for the bullish price is $0.027.
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