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Tamadoge has been trending up since yesterday. The market continues this trend in today’s session. In the 23rd hour of yesterday’s market, a support level was formed at $0.03042. This formed the basis for the continuous bullish market that we are seeing. Looking at the price actions, we can expect more from the bulls as they currently have the upper hand in the market.
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.03507
- 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
Key Levels
- Resistance: $0.0380, $0.0390, $0.0400
- Support: $0.035, $0.030, $0.025
Tamadoge Market Price Analysis: The Indicators’ Point of View
The price action crossed above the moving average of the Bollinger band in the very first hour of today’s trading session. And the price actions have continued above the moving average as the price continues to attain new price levels. Although the bears oppose the bullish advancement, with each price pullback, new support is established for more upward price performance. However, at the $0.038 price level, bears are forming resistance here, but the bulls are gathering momentum to break this price level.
Tamadoge: TAMA/USD 5-Minute Chart Outlook
As the price gets nearer the resistance level, strong selling pressure made the price retrace lower price levels. The price fell below the moving average. But, this bearish price advancement was cut short at $0.03457 price, this was where the bulls formed support for the price. By 10:45 am the MACD began to give signals for bullish recovery. Now we can see that the price has come up above the moving average. TAMA is targeting the $0.038 price level and it will break the price level today.
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Source: https://insidebitcoins.com/news/tamadoge-price-prediction-for-1st-of-november-tama-continues-the-uptrend