Bulls and bears had a very strong faceoff over the Tamadoge price direction in yesterday’s trading session. However, TAMA bulls became strong enough in yesterday’s demand to secure higher support at the $0.02500 price level. Then bulls were able to maintain the price level into today’s market despite the bearish resistance.
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.02488
- TAMA/USD market cap: $26,261,913
- TAMA/USD circulating supply: 1.05Billion
- TAMA/USD total supply: 1,049,733,333
- TAMA/USD coin market ranking: #2669
- Resistance: $0.02500. $0.0300, $0.03500
- Support: $0.02100, $0.0200, $0.01500
Tamadoge Market Price Analysis: The Indicators Point of View
It took strong bullish momentum to lift the price from $0.022 to $0.025. The bulls were also able to keep the price as the strong support eventually made the price range sideways. The tide began to turn in the 3rd hour of today’s market, in favour of the bears as their momentum increased. The indicators are very quick to respond to slight changes in the market because we are using a small timeframe. The RSI is quick to measure 41% and this is a bearish market indication. Yet from the recent performance of the market, we can be sure that the bulls will regain their upper hand as they have secured a price level higher than the previous one.
TAMA/USD 4-Hour Chart Outlook
Bulls have chosen the $0.02445 as their support to cut short the bearish market. We can see that they are becoming stronger around this area. The Tamadoge bullish market is targeting the $0.025 level.
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