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Tamadoge (TAMA/USD) Price Bounces, Trading at $0.0082

Johnathon Fox
11/01/2023 | UPDATED ON: 11/01/2023

Tamadoge Price Prediction – November 1
During yesterday’s operations, bears managed to push the market valuation of TAMA/USD down to trade around the point of $0.00800, as the financial book of records is currently showing that the crypto-economic price bounced from around it today, trading around the point of $0.0082.

From the pivotal line of the $0.00800, a strong 4-hour bullish candlestick has formed, opening up environments for gaining longing position orders. As it is a common occurrence that is supported over a few sessions, investors should stick to the buy-and-hold strategy.

TAMA/USD Market
Key Levels
Resistance levels: $0.009000, $0.009500, $0.001000
Support levels: $0.008000, $0.007500, $0.007000

TAMA/USD Medium-term Chart

The TAMA/USD medium-term chart showcases that the crypto-economic price bounces from the lower part of the Bollinger Band to hit resistances around the middle Bollinger Band, given that the price is trading around the point of $0.0082.

The Bollinger Band trend lines are placed from $0.008453 to $0.008230, and the lower side is at $0.008007 in those positional arrangement orders. The stochastic oscillators have traversed southbound, trying to place them back northward from 31.324773 to 49.556624.
Tamadoge (TAMA/USD) Price Bounces, Trading at $0.0082

Which two psychological boundaries does the TAMA/USD market continue to uphold around the indicators?

The major two technical lines that the TAMA/USD trade has been facing are $0.008500 and $0.00800, as the cryptocurrency market bounces from the lesser point, trading around the line of $0.0082 or thereabout.

The higher value of $0.008500 has effectively shown that bulls are currently finding it difficult to maintain rising forces above the point. Prior to seeing increases in the cryptocurrency’s valuation relative to the US dollar, long-term investors are urged to stick with holding their positions.
Tamadoge (TAMA/USD) Price Bounces, Trading at $0.0082

TAMA/USD Short-term chart

The TAMA/USD short-term chart reveals the crypto-economic price bounces, trading around the market line of $0.0082.

The 1-hour trading chart, with the Bollinger Band trend lines at $0.008302, $0.008117, and the lower side at $0.007933, amply illustrates the ongoing range-bound trading session. The northbound positions of the stochastic oscillators are 52.894101 to 90.925129. The situation continues to be one of energy gathering for investors to participate in.

Which would you choose: swimming in a pool full of maple syrup or nutella?

Happy Sunday #TamadogeArmy!🌅

Would You Rather Swim In A Pool Full Of Nutella Or A Pool Full Of Maple Syrup?!🤔🥞#crypto #tamadoge #mornings

— TAMADOGE (@Tamadogecoin) December 18, 2022


Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today


Note:Forexschoolonline.com is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

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