Since today’s session started, the Tamadoge market has made some impressive advancements to the upside. Through the small timeframe, we can see how the sellers are mounting pressure to influence the direction of the market. However, the bulls are dragging them along to the upside. Bulls are not totally in charge of the market, but they are having the upper hand. Now the price has balanced at $0.0406.
Tamadoge Market Price Statistic:
- TAMA/USD price now: $0.0407
- TAMA/USD market cap: $42,526,604
- TAMA/USD circulating supply:1.05Billion
- TAMA/USD total supply: 1,049,733,333
- TAMA/USD coin market ranking: #2661
- Resistance: $0.0400, $0.0500, $0.0600
- Support: $0.0300, $0.0400, $0.0450
Tamadoge Market Price Analysis: The Indicators’ Point of View
The struggle between demand and supply in the TAMA market is intense, but the market is leaning favourably towards the bulls. Due to the tug-of-war, the Bollinger band has experienced some convergences and divergences of the bands as the market progresses between yesterday and today. The market reached its peak in the 6th hour of today’s session. After this bullish price achievement, the sellers prevailed. The price correction from the overbought offered the bears the opportunity to take the market. However, this was not for long. Bulls are now reclaiming their grounds again. The price action is now touching the threshold of the moving average of the Bollinger.
Tamadoge Price Prediction: TAMA/USD 5-Minute Chart Outlook
From this Outlook, the price action is now above the moving average of the indicator, getting closer to the upper band. There is still room for more bullish performance in the Tamadoge market. However, it appears as though the upper and lower bands are converging again. This is because of the bearish resistance.
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