Tamadoge (TAMAUSD) Price Skyrockets
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Strong buying activities have launched the Tamadoge market into the $0.032 price zone. The bull market began its upside journey from the $0.01386 price level on April 16; however, it was not until April 18 that the price began to pump furiously, advancing the market into the $0.030 price zone. Currently, with a new support level forming at $0.029, the market has the likelihood of more action.
Key Levels
- Resistance: $0.035, $0.040, and $0.045
- Support: $0.025, $0.020, and $0.015
Tamadoge (TAMAUSD) Price Analysis: The Indicators’ Point of View
According to the Relative Strength Index, the market is in the overbought region. Occasionally, strong bullish sentiment in a particular market can keep the price lingering in the overbought region for a while. But usually, the indication of an overbought market position can trigger a price retracement. That may be the reason for the retracement we see in today’s market, but despite the price retracement, the market is still in the overbought zone. This is due to the very strong bullish sentiment in the TAMA market.
TAMA/USD Short-Term Outlook: (1-Hour Chart)
While the support level at $0.029 still holds, it is important for the bull market to maintain its position above the key price level of $0.030. However, looking at the market from a 1-hour point of view, bearish sentiment seems to be increasing at the key resistance level, which is at $0.035. Moreover, the resistance level appears to have shifted to $0.033. However, all indicators in the 1-hour outlook on the market still maintain bullish sentiment. Therefore, the bulls are still very much on top of the game.
Tamadoge is off to the moon.
🚀💥🐶 Tama just took off with @elonmusk on the first launch test#SpaceX #StarshipLaunch #TamadogeArmy #TamaDoge pic.twitter.com/Y27R0Jic7t
— TAMADOGE (@Tamadogecoin) April 20, 2023
Do you want a coin that would be 100 times more valuable in the next few months? That is Tamadoge. Buy TAMA today
