Tamadoge Price Prediction – May 1
Even though the TAMA/USD market still runs in a decreasing mode, it is designated to create an avenue for the crypto trade to hold on to find a bounce, possibly around the line of $0.02000. The rate of percentage negativities is pegged around 3.04, as the price of the US Dollar systemically outweighs the worth of Tamadoge. Nevertheless, the trend to the downside is fast approaching an end spot to pave for the resumption of swing highs.
TAMA/USD Market
Key Levels
Resistance levels: $0.02500, $0.02750, $0.03000
Support levels: $0.01750, $0.01500, $0.01250
TAMA/USD – 4-hour Chart
The TAMA/USD 4-hour chart reveals the crypto-economic price holds on to finding a bounce from its present dropping force line. The portrayal of the indicators formation pattern suggests a decreasing consolidation movement is featured as the 14-day SMA indicator is at the $0.024785 line over the $0.023259 point of the 50-day SMA indicator. The Stochastic Oscillators are in a southbound-crossing mode of 8.86 to 3.22 points, indicating that buying moment is yet to reclaim its stances.
Will the TAMA/USD market soon decline past the support level of $0.02000?
Expectation only has it that the TAMA/USD market operation will push southward for a touch of the support level of $0.02000 line as believed that the crypto=economic price holds on to finding a bounce up in near time. Buyers may be technically proactive by continuing to launch longing orders in a serial format, using smaller lot sizes before the projected uprisings moment resurfaces unprecedentedly.
On the downside of the TAMA/USD technical analysis, bears may only strive to complete its current trending force toward or around $0.02000. They should be cautious of exerting new selling orders because the move is vastly averaging the psychological support trading zone. Another round of observing decent shorting positions will come to play after an overbought situation reported by the positioning of the Stochastic Oscillators afterward.
TAMA/USD 1-hour chart
The TAMA/USD 1-hour chart showcases the crypto-economic price is holding on to finding a bounce as it trades around the $0.021871 value line. The 14-day SMA line trends southwardly below the 50-day SMA trend line. And they are over the current trading spot to indicate that a falling pressure is slowly and steadily ongoing. The Stochastic Oscillators have swerved southbound, keeping 20.84 to 3.07 levels, partially into the oversold region. Sellers should be careful of introducing new shorting orders to avoid an unnecessary whipsawed session.
Forget about Babydoge, TAMA is winning! In the coming days, it will be listed on top CEXs.
https://twitter.com/Tamadogecoin/status/1653036722714804231/photo/1
Do you want a coin that would 100X in the next few months? That is Tamadoge. Buy TAMA today
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