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The $0.05443 price level is a major price level in the Tamadoge market. The price struggled at this level between the 16th hour to the 18th hour of the trading session on the 8th of October. After the faceoff between demand and supply, the price breakout in the direction of a lower price level. TAMA then took its support from $0.0512 for another upward performance, now aiming at breaking that same $0.05443 price level.
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.0541
- 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 momentum at which the bulls attack the resistance level is very high. Judging by this momentum, we can be sure that the price action will break that price level. The RSI indicator is still measuring 53%. That means the bullish trend is just starting. There is no fear of a price reversal or a price retracement now because there is still room for more bullish performance. The Bollinger band still have a space wide enough to accommodate a more bullish move.
Tamadoge Price: TAMA/USD 5-Minute Chart Outlook
In this outlook of Tamadoge, the indicators are showing that the price action is most likely to continue on the momentum, after breaking the major resistance level. However, sellers are still formidable, especially at this point in the market. But, looking at the strength of the bulls in the market, the price may reach the $0.05600 price level.
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Source: https://insidebitcoins.com/news/tamadoge-price-prediction-for-9th-of-october-tama-attacks-0-05443-resistance-level