It is with a very strong bullish move that Tamadoge bulls break through the $0.0209 resistance level. But the bullish momentum reduces as it encounters a strong resistance at $0.021 and then the price pulls back briefly. The bullish price, however, continues to take up new levels until the price hits a brick wall at $0.0216
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.0208
- TAMA/USD market cap: $32,889,481
- TAMA/USD circulating supply:1.05Billion
- TAMA/USD total supply: 1,049,733,333
- TAMA/USD coin market ranking: #2715
- Resistance: $0.0255, $0.0260, $0.0270,
- Support: $0.0200, $0.0180, $0.0170
Tamadoge Market Price Analysis: The Indicators’ Point of View
At that major resistance level, the bull market triggers massive selling pressure, but with the new support which is forming at $0.021, buyers attempt to cut short the bearish move, but they eventually failed. According to the RSI line, the momentum of the market continues to range at around 37. After the bulls were able to dam the falling price, they now seek for support price level with which they will reclaim their ground in the market.
Tamadoge: TAMA/USD 5-Minute Chart Outlook
Tamadoge buyers and sellers are engaged in a serious tug-of-war at the moment, but it seems like the support level still continues to hold strongly at $0.0207. From here, the buyers are trying to expand the narrow price channel by pushing back the resistance level.
#Tamadoge Is The Token Of The People, And We’re Keen To Let The Token Holders Choose The Direction We Take In The Future. 🙌
Help Us Shape The #Tamaverse!
— TAMADOGE (@Tamadogecoin) November 24, 2022
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