TAMA Is in a Bullish Trend

Towards the end of yesterday’s trading session in the Tamadoge market, the price ranged consistently at $0.02457. And as the last day of October opens for trading activities, it opened with a bullish market. The price broke off the indecision in the 23rd hour of yesterday’s market. And this market move continued into this day’s session. The current price is now $0.0277. And there is room for more bullish performance.

Tamadoge Market Price Statistic:

• TAMA/USD price now: $0.0277
• TAMA/USD market cap: $25,174,798
• TAMA/USD circulating supply:1.05Billion
• TAMA/USD total supply: 1,049,733,333
• TAMA/USD coin market ranking: #2766

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 Bollinger band converged against the price action yesterday as the consolidation get intense. And as the price breaks out to the upside, the Bollinger band expands and also ascends. This means that as the bulls drive the price upward, the volatility of the market increases. Selling pressure is becoming responsive to the buying pressure. Despite all this, the buyers are having the upper hand. In the 10th hour (however) the price starts moving horizontally again. Also in response to this, the pattern of the Bollinger indicator now moves horizontally. This is in response to the price action.  

Tamadoge: TAMA/USD 5-Minute Chart Outlook 

Sellers are resisting this bullish price. They have formed strong resistance at the $0.0300 price level. From here the price was cut short and the price pulled back. However, bulls secured strong support at $0.02724, which is not far from the $0.030 resistance. From this point, TAMA bulls will break the resistance and attain higher price levels.

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