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The Market opened today with a very strong bullish move. However, the bulls lost their grip in the second hour of the day. And the market went in favour of the bears after a period of market indecision in the first the 15th minutes of the second hour. The tug-of-war between buyers and sellers continued for the whole of the second hour. But, the market turned around in the third hour and began to favour the buyers. The price of Tamadoge, then, began its upward price journey from that moment.
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.0559
- TAMA/USD market cap: $56,295,127
- TAMA/USD circulating supply:1.01Billion
- TAMA/USD total supply: 1,049,733,333
- TAMA/USD coin market ranking: #2650
Key Levels
Resistance: $0.0600, $0.0650, $0.0700
Support: $0.0500, $0.04500, $0.0400
Tamadoge Market Price Analysis: The Indicators’ Point of View
The selling momentum is catching up with the buying momentum. However, the buyers are showing more strength as they are still having the upper hand. As buyers and sellers continue to battle for market dominance, The RSI indicator measures 51.7%. The readings of the indicators are still in support of bullish sentiment. But, the MACD supports a consolidating market sentiment.
Tamadoge: TAMA/USD 5-Minute Chart Outlook
The market started to rebound to the upside from the negative zone (from the bearish zone of the indicator) in the 13th hour. The bearish histograms are now appearing in pink. This is a sign of a bullish recovery in the market.
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Source: https://insidebitcoins.com/news/tamadoge-price-prediction-for-8th-of-october-tama-attacks-new-supply-levels