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The Tamadoge price has appreciated to $0.02407 and more bullish moves are anticipated in today’s market. The tide turned in favour of the bulls in the 2nd hour of today when the price took its support at $0.02319 after which an aggressive bullish price action ensued. The bullish move took the price above the $0.02400 price level in the fifth hour of today’s trading session.
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.02407
- TAMA/USD market cap: $25,634,603.21
- TAMA/USD circulating supply:1.05Billion
- TAMA/USD total supply: 1,049,733,333
- TAMA/USD coin market ranking: #2667
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
Reaching the height of $0.02400, the bearish market was triggered. The down-trending market continued until 8 am when bulls were able to salvage the market. They were able to prevent the market from falling below the previous support level which they secured in the second hour of today’s market. From this new support, they reach for a newer higher price.
However, it is looking like the bears are forming strong resistance at the $0.024 price level as the price advancement gets cut short at this point. But from the information gotten from the indicators, the market is still moving in the bullish market zone.
Tamadoge: TAMA/USD 5-Minute Chart Outlook
From this Tamadoge Outlook, we can see how the momentum is reducing. The Bollinger bands are beginning to contract and spinning top candlestick patterns are now appearing on the chart. There are three possibilities: Price consolidation, further continuation of the bullish trend, Or bearish breakout. At this point in the market, the two forces are becoming evenly matched. However, in the case of a price pullback, the market may establish another higher support at this point.
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