BabyDoge Price movement has hit a powerful support level around 0.00000000139. Subsequently, after that, BabyDoge has since then managed to record some minimal profits. However as little as the recorded profit has been, it appears as if buying pressure is already weakening. Nevertheless, we must take a closer look at the price activity of this cryptocurrency.
BABYDOGE’s Coin Forecast Statistics Data:
BABYDOGE’s current price: $286.5
BABYDOGE’s market cap: $168,2 million
BABYDOGE’s circulating supply:115.1 billion
BABYDOGE’s total supply: 231.9 trillion
BABYDOGE’s Coinmarketcap ranking: #233
Crucial Value Marks:
Top Levels: $0.000000001455, $0.000000001500, $0.000000001550
Bottom Levels: $0.000000001440, $0.000000001451, $0.000000001397
BabyDoge May Have Started a Downtrend, Buy Tamadoge Today
After BABYDOGE/USDT touched a strong resistance, its price activity retracted back to lower support around $0.000000001400. Not long after reaching this support, price activity recovered about 15.7% of its lost value. However, after an upside gain of the aforementioned magnitude, it appears the uptrend is about to reverse. The last candle here indicates that a bearish trend reversal is about to occur. The EMA lines remain above price action and my soon cross once more to initiate the anticipated downside price movement. The MACD curves are plunging towards the negative side, to indicate a progressing downtrend. Therefore, we may anticipate that price will fall to lower support around $0.000000001300.
BabyDoge Price Deduction: BABYDOGE/USDT Keep Recording Minimal Profits
Considering a shorter time frame of 4 hours, we can notice that this crypto keeps recording minimal gains. Taking a critical look at the last two candles on this chart, we can see a bullish candle was caught in between the EMA lines. Also, the last bearish one formed above the EMA lines. Should more buying pressure continues to mount, the EMA lines will cross each other under price action, subsequently a bullish candle will be formed and the price will rise upwards.
Your capital is at risk
Nevertheless, going by the activities on the MACD, BabyDoge is more likely to record just minimal gains. Consequently, is because the curves of this indicator are on the negative side now. Also the growth of the histogram on the positive side is slow. Therefore, the price of this crypto may only rise to near $0.000000001500.
Tamadoge is also securing strategic listings on centralized and decentralized exchanges as part of its roadmap. The first listing has already been secured on LBank. LBank is a centralized exchange, and the Tamadoge team is optimistic that TAMA could be paired with ETH to support the projects rapid growth as it faces improved liquidity.
Related
Tamadoge – Play to Earn Meme Coin
- Earn TAMA in Battles With Doge Pets
- Capped Supply of 2 Bn, Token Burn
- NFT-Based Metaverse Game
- Presale Live Now – tamadoge.io
Source: https://insidebitcoins.com/news/babydoge-bulls-are-exhausted-tamadoge-promises-better-outlook