TAMA Is a Good Deal, Buy It

The $0.025 support level still holds strong and it prevents the Tamadoge bear market to go beyond the price level. In the past few days, TAMA has been having some down times due to an increase in the selling pressure. After a long-term struggle between demand and supply at $0.31, the price eventually falls and every attempt to rise above the $0.031 level fails. 

Tamadoge Market Price Statistic:

• TAMA/USD price now: $0.0256
• 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: $0.0300, $0.0250, $0.0200

Tamadoge Market Price Analysis: The Indicators’ Point of View

Looks like sellers have become more aggressive after winning the $0.031 price level struggle with the bulls. And after the price fall, the price continues in a sideway trend. In the early hours of today, the Bollinger bands portray the support and resistance of the market to be very close. The price activities bounce horizontally along the narrow price channel. And although later, the band widen out, the general direction of the market is still moving horizontally. The RSI indicator measures 41 in the bearish zone of the indicator. and the price is moving horizontally just like the Bollinger indicator portrays the market.

Tamadoge: TAMA/USD 5-Minute Chart Outlook  

From the 5-minute chart point of view, we can see that the downtrend may be about to reverse. The price channel is converging forming a symmetrical triangle pattern. The price indecision is about to culminate in a clear directional price movement. From the look of the chart, the bullish support appears to be very strong. The likely direction of the price will be to the upside. The price Tamadoge may rise to $0.0028

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