Tamadoge Price Prediction – May 14
It is now apparent that for the TAMA/USD market to continually depressing beyond the lower Bollinger Band trend line at this point technically seems unrealistic, as the crypto price has been observed to be having a bouncing trace, bottoming around the trade spot of $0.004.
The price actions are now being created positively around the $0.004 trading line, according to this analytics article. The cryptocurrency economy’s staking procedure shouldn’t be disheartened, even if there is still a chance of a delay that might cause the situation to drop temporarily or even go slightly below the headline’s fundamental market value.
TAMA/USD Market
Key Levels
Resistance levels: $0.005, $0.006, $0.007
Support levels: $0.004, $0.0035, $0.003
TAMA/USD Medium-term Chart
The TAMA/USD medium-term chart showcases the crypto-economic price is bouncing, bottoming around the value of $0.004.
The Stochastic oscillators are in a cross-moving mode southerly from an overbought area, placing above the point of 40. The Bollinger Bands trend lines have relatively shrinking to the decreasing side around the point of $0.004.
Can there be fearful decreases against the TAMA/USD market around $0.004 in the near time?
We do not expect to witness a fearful decline that could in the long run lead to seeing more steady lows thereof in the TAMA/USD market operations given taut the crypto-economic price is currently bouncing, bottoming around $0.004.
Selling actions that may be forthcoming should not be viewed as an opportunity to further devastate the valuation of the base trading instrument forever, as long-position pushers are now in the mindset of trying to recoup their strength from the zones encircling the $0.004 value line. More position order additions are suggested in the meantime.
The TAMA/USD short-term
The TAMA/USD short-term chart reveals that the crypto economy is bouncing, bottoming around the trade zone of $0.004.
The $0.004 value line is a critical spot for further price movement, as the Bollinger Bands trend lines have consistently shown, moving in close ranges around it. As of writing, the stochastic oscillators have temporarily veered upward, showing the velocity of additional rise is getting close to a either a pit stop a stop due to a technical impasse on an hourly basis.
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