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This is another opportunity for new traders to come and invest in the market as the price (for now) is in a bullish recession and sellers took the opportunity to drive the price a bit lower. Usually, a brief price pullback should be expected after a very bullish market trend such as Tamadoge’s. This particular price retracement is what followed the massive buying that took place around the first hour of today’s trading session. Soon the bullish trend will resume
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.066012
- TAMA/USD market cap: $66,827,249
- TAMA/USD circulating supply:1.01Billion
- TAMA/USD total supply: 1,049,733,333
- TAMA/USD coin market ranking: #2658
Key Levels
- Resistance: $0.0719, 0.0800, $0.0850
- Support: $0.0628, $0.0596, $0.0596
Tamadoge Market Price Analysis: The Indicators’ Point of View
The price actions are moving very close to the lower band, this increases the probability of a bullish market movement. But for now, there is a gridlock struggle between the two market players and this is evident by ‘the plus doji’ candlestick on the chart. The RSI line is now trying to retrace an upper measurement level. That means the bullish trend will soon resume
Tamadoge: TAMA/USD 5-Minute Chart Outlook
From this point of view, we can see how buyers are beginning to take advantage of the TAMA/USD dip and the price is already increasing very rapidly. Looking at the momentum here, it won’t take long before this bullish market advancement begins to reflect into the bigger timeframe.
Tamadoge – Play to Earn Meme Coin
- Earn TAMA in Battles With Doge Pets
- Maximum Supply of 2 Bn, Token Burn
- Now Listed on OKX, Bitmart, Uniswap
- Upcoming Listings on LBank, MEXC
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Source: https://insidebitcoins.com/news/tamadoge-price-analysis-for-3rd-of-october-tama-usd-is-preparing-for-another-upward-price-movement