Tamadoge Price Prediction – August 28
As of the moment of this technical analysis write-up about the valuation of Tamadoge versus the purchasing weight of the US coin, the crypto trade has been seen lowering and aiming for a shoot-up once the price touches a formidable support in the near future.
A correction that will undoubtedly allow bulls in the market to recompose their energy-pushing pace from a lowly rated point that may not actually be the most recent decrease line in the long run will be encountered during the negotiation procedure. Despite this, the underlying support lines between $0.007500 and $0.007000 are still in place. But if the velocity that would support that assumption doesn’t intensify, it is likely to return to the previous all-time low point around $0.006000 on a daily basis.
TAMA/USD Market
Key Levels
Resistance levels: $0.009000, $0.009500, $0.01000
Support levels: $0.007500, $0.006500, $0.005500
TAMA/USD Medium-term Chart
The TAMA/USD medium-term chart reveals the crypto-economic trade is lowering, aiming for a shoot-up possibly before it gets back to the late support level found at $0.006000.
The prices of $0.008316 and $0.008338 correspond to the locations of the 14-day SMA trend line and the 50-day SMA trend line, respectively. The stochastic oscillators have moved from position 17.78 to 2.7 points in a southerly direction. A bearish candlestick reached a span of $0.008117 at a negative percentage rate of 3.80 as a result of a selling force that was visible.
Will the current decreasing pressure continue to decline after passing through the SMAs?
As there has been a depressing force leading to the bearish spanning candlestick based on a 4-hourly basis, it will most possibly portend a firm stance toward getting more low below the starting reduction point, given that the TAMA/USD trade is presently lowering, aiming for a shoot-up in the aftermath of it.
The current trend is offering long-position holders a calming trade signal to wait for the market to find a base before reconfiguring for the best pattern to highlight back-buying opportunities. Contrary to what is often believed, investors are permitted to increase their positions because the price is still reasonable given the zones in which it has traded for a number of sessions.
TAMA/USD Short-term chart
The TAMA/USD short-term chart shows that the crypto-economic trade is lowering against the trending mode of the US Dollar, aiming for a shoot-up after it tests a reduction spot to make a support to catapult a move afterward.
Above the 50-day SMA trend line, the 14-day SMA trend line is closely placed. A bearish candlestick that started at about the psychological level of $0.008500 and ended at the lower value of $0.008128 has been created. The stochastic oscillators are crossing southward and range from 49.87 to 26.42. That suggests that there may yet be a string of more 1-hour bearish candlesticks. The key, though, will be to give yourself the best possibility of collecting values in future rounds of reduced bargaining levels.
Blessed Monday, Tama Army! Over the next few weeks, we’ll be launching a ton of new products. This week, we’ll disclose the initial launch, so check back for updates.
Happy Monday Tama Army! We’ve got a ton of product launches coming your way over the next few weeks. We’ll reveal the first launch this week so stay tuned for updates 🎉 pic.twitter.com/kp75w2S1SZ
— TAMADOGE (@Tamadogecoin) August 28, 2023
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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