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Bulls begin to gather momentum in the 18th hour of yesterday’s trading session when the price reached the low of $0.0257. Bulls started at this point to begin to push up the price. Although the bears are also active, the bulls had the upper hand. Between 9 pm yesterday to midnight today the Tamadoge market had seen a very strong bullish market move which has helped the price to appreciate.
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.02891
- TAMA/USD market cap: $29,922,736
- TAMA/USD circulating supply:1.05Billion
- TAMA/USD total supply: 1,049,733,333
- TAMA/USD coin market ranking: #2877
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 price of TAMA ascended to $0.03128 before the direction of the price action changed. It is not that the price went in favour of the sellers, but that after the price pullback the market begin ranging sideways. From the chart, we can see that both the 10-day moving average and the 5-day moving average are moving horizontally to support the ranging market sentiment. The RSI recorded a bullish spike with a rapidly moving line. That is because within this short period the interest in the Tamadoge market increased greatly. The RSI line now settles at 50%.
Tamadoge: TAMA/USD 5-Minute Chart Outlook
From this point of view, we see the tug-of-war. In the 12th hour of today’s trading session, $0.0285 was the support which became the pivot for the rest of the price action performance. This support is higher than the previous one that we see in the 10th hour of today. We expect more bullish performance in the Tamadoge market
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