TAMA Comes Out of Indecision

One strong bullish move at the closing hours of yesterday brought Tamadoge to settle at the support of $0.0246. But the bullish price could not leave this level because of the demand and supply struggle. As buyers gains the upper hand, they took a slightly lower support and smash through the difficult resistance.

Tamadoge Market Price Statistic:

• TAMA/USD price now: $0.0251
• TAMA/USD market cap: $34,790,198
• TAMA/USD circulating supply:1.05Billion
• TAMA/USD total supply: 1,049,733,333
• TAMA/USD coin market ranking: #2744

Key Levels

• Resistance: $0.0255, $0.0260, $0.0270,
• Support: $0.0230, $0.0220, $0.0210

Tamadoge Market Price Analysis: The Indicators’ Point of View

According to the Relative Strength Index indicator, the strong bullish move sent the market into the overbought territory. This allows the sellers to push the price down a bit. However, the bulls continue to hold tightly to their newly found support level. The RSI line is rebounding because the force behind the bullish trend is still active.

Tamadoge: TAMA/USD 5-Minute Chart Outlook  

Tamadoge buyers continue to maintain the price far above the 20-day moving average which still moves at around $0.0247. The bulls market still has $0.026 as its target. But the forces of demand will have to face the selling pressure headlong. Some traders are going short as soon as they see the anticipated massive rise in price. Yet bulls are coming into the market at this point and $0.026 will be the next stop.

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