TAMA Set for a Bullish Trend

The struggle between demand and supply leaves the Tamadoge market fixed at $0.027. The faceoff gets even more serious with the appearance of spinning top candlestick patterns. Although buyers and sellers are putting more and more pressure, the general direction of the market remains on a horizontal level. As the session continues, at around 1 pm, the market saw a bearish breakout but bulls quickly take support at $0.026 to recover the price back to $0.027  

Tamadoge Market Price Statistic:

• TAMA/USD price now: $0.027
• TAMA/USD market cap: $32,758,653
• TAMA/USD circulating supply:1.05Billion
• TAMA/USD total supply: 1,049,733,333
• TAMA/USD coin market ranking: #2676

Key Levels

• Resistance: $0.0320, $0.0350, $0.0400 
• Support: $0.00260, $0.0250, $0.0200

Tamadoge Market Price Analysis: The Indicators’ Point of View

The market has resumed the consolidation trend at around the same 0.0027, even though the bands of the Bollinger remain wide apart from each other. The movement of the band is now on a sideway pattern. But this time it looks like the market is going to have a bullish price break out. The price action is now moving above the 9-day moving average and the upper band of the indicator is widening out to the upside.

Tamadoge: TAMA/USD 5-Minute Chart Outlook  

There is the possibility for a bullish price breakout although the buyers and sellers still engage in a serious battle for the price direction. According to the RSI indicator, the bulls are still maintaining the price at the 58.7 level. This is still in the buy zone. However, the price still hangs between the bulls and the bear market, but the bulls have the upper hand.

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