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Tamadoge Price Prediction for 24th of October: TAMA is Rising

Tamadoge Price Prediction for 24th of October: TAMA is Rising
Tamadoge Price Prediction for 24th of October: TAMA is Rising

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Around the third hour of today’s Tamadoge trading, session sellers became very aggressive and the price dropped to $0.0242 from $0.238. At around this third hour, the support and the resistance tightened to compress against the price action. This eventually resulted in a flat market. This flat market went on till 4:45 am. At this point, the market made a break out to the upside with a very strong bullish move.

Tamadoge Market Price Statistic:

  • TAMA/USD price now: $0.0238
  • TAMA/USD market cap: $24,894,756.98
  • TAMA/USD circulating supply:1.05Billion
  • TAMA/USD total supply: 1,049,733,333
  • TAMA/USD coin market ranking: #2726

Key Levels

  • Resistance: $0.0300, $0.0350, $0.0400 
  • Support: $0.0200, $0.0150, $0.0100

Tamadoge Market Price Analysis: The Indicators’ Point of View

At the resistance price of $0.0255, strong selling pressure was triggered and it resulted in a bearish trend that lasted for almost an hour before bulls came back into the market. Buyers are trying to maintain that support while the price actions move at the moving average in the Bollinger indicator. This means the price of Tamadoge stands in between the bullish market and the bearish market. A distinct price direction has not been determined yet. Buying pressure needs to be persistent to give the market a distinct direction.  

 Tamadoge: TAMA/USD 5-Minute Chart Outlook 

The Relative Strength Index line is measuring the market strength at the point of market equilibrium. It is ranging consistently at 50%. As bullish pressure is catching up with the selling pressure it may be that bulls will soon take over in the TAMA market.

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 Related 

  • How to Buy D2T
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