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Tamadoge bulls were defeated in the previous daily session. As they succumb to pressures from the sellers, they lose grip on the price. The bearish run did not stop until it hits the low of $0,0246. It was from here the price begin to rally again. With the new higher support levels, the stage is being set for some upward price action
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.0246
- 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: $0.025, $0.026, $0.027,
- Support: $0.023, $0.022, $0.021
Tamadoge Market Price Analysis: The Indicators’ Point of View
The Bollinger band indicator is changing direction to an upper price level, this is a sign of a bullish price recovery. Also, the price action has crossed above both the 9-day moving average and the 20-day moving average.
The buyers are having the upper hand again. With this momentum, the bullish moves should be able to break through the resistance level at $0.02467. Currently, this price level is proving difficult.
Tamadoge: TAMA/USD 5-Minute Chart Outlook
The upward movement of the price is clearer from this point of view. And it looks like the tug-of-war is reaching its climax as the upper and lower bands of the Bollinger contract. A bullish price breakout is expected after the consolidating market reaches its climax. The next stop for the Tamadoge market will be $0.025
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