The Tamadoge market session started today with its bullish support at $ 0.022151. Then the market price began trending upward. As the price gets to the $0.02282 price level, due to the increase in the selling pressure, the market went into a consolidation trend between 1 am to around 3 am. After this, TAMA Bulls broke the market away from the indecision. The buying pressure increases from then till around 5 am.
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.02389
- 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
- Resistance: $0.0300, $0.0350, $0.0400
- Support: $0.0200, $0.0150, $0.0100
Tamadoge Market Price Analysis: The Indicators’ Point of View
After the market reached the high price of $0.02487, it formed a resistance as bears attempted to take the market again. But the strong opposing bullish support has sent the market into a consolidation trend again. Despite the resistance, the buyers were able to secure higher support. From this level, they will make further upward attempts. The converging bands of the Bollinger indicator signal an imminent price breakout in the market.
Tamadoge: TAMA/USD 5-Minute Chart Outlook
The Relative Strength Index measures 40%. That is an indication of a bearish market as the line measures the market strength below 50%. The Tamadoge market chart is filled with dojis and spinning tops. This is because of the intense struggle at this price level.
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