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In the 21st hour of yesterday’s trading session, the price reached a low of $0.0285. From here, Tamadoge bulls formed their support for the bullish price performance that followed. They continue to dominate the market until the price gets to the resistance level of $0.03256. Traders at this price level were willing to sell than buy. This slight price dip of the token is opening the door to opportunities for investors to buy TAMA at a cheaper price to hold for a profitable return.
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.0288
- TAMA/USD market cap: $31,119,222
- TAMA/USD circulating supply:1.05Billion
- TAMA/USD total supply: 1,049,733,333
- TAMA/USD coin market ranking: #2653
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
The $0.03256 price level is a major resistance level that the TAMA bulls need to break so that they can attain new higher price levels. Bulls tried, in the 4th hour of today’s trading session to break the price level, by reaching the height of $0.033, but the bullish price at that point was rejected. Since the price was rejected at $0.033, sellers have gained an advantage to dominate the market. However, when we looked at the MACD indicator, from the 8th hour of today’s trading session, we will notice that the negative histograms are showing signs of weakness. And the height is progressively reducing. This means that investors are already seizing the opportunity of the TAMA price dip.
Tamadoge: TAMA/USD 5-Minute Chart Outlook
From the 5-minute point of view on the market, we see how the buyers are gathering their momentum for the price recovery. Even the MACD histograms have become bullish and the MACD line has crossed the MACD signal line. This is a sign of a Tamadoge bullish market recovery. However, the bulls market needs to keep up its momentum so that it can fully recover.
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