Tamadoge Price Prediction – May 18
The TAMA/USD price moves eastward and looks for a bounce, maintaining trading spots between $0.015940 and $0.016258 values above the support line of $0.01500. As of the writing of this technical piece, the price’s percentage rate is 1.15 positives. We think long-position takers will tightly center their baseline-building procedure around the previously mentioned support point.
TAMA/USD Market
Key Levels
Resistance levels: $0.02000, $0.02250, $0.02500
Support levels: $0.01250, $0.01000, $0.00750
TAMA/USD – 4-hour Chart
The TAMA/USD 4-hour chart showcases the crypto-economic price moves eastward and looks for a bounce around the consolidated-moving eastward of the smaller SMA. The 50-day SMA indicator is at $0.017567 above the $0.016396 value line of the 14-day SMA indicator. The Stochastic Oscillators have been systemically swerving northbound from the oversold region to position at 32.14 and 34.81 levels, indicating a bullish signal is in the offing.
Do the TAMA/USD market activities appear to be reducing sustainably beyond the $0.01500 level?
As the TAMA/USD price swings eastward and searches for a bounce, certain over-left falling factors that are still in play could seek to push the price artificially past the $0.01500 support line. A loss of gravity to the downside below the current pace of the 14-day SMA trend line will allow bulls to muscle up the catalyst to nudge backings for subsequent upswings.
On the downside of the technical analysis, a sudden reversal motion against the 14-day SMA trend line may slowly accomplish in the wake of revisiting the $0.01500 support line. In the meantime, a resistance line is shielding a mark over the bears’ reactions around the point of the 50-day SMA trend line. However, if unprecedented breakout surfaces against those points, the presumed bounce will keep a long sustainable path into a mooning running afterward.
TAMA/USD 1-hour chart
The TAMA/USD 1-hour chart showcases that the crypto-economic price moves eastward and looks for a bounce in a continual motion around the SMA trend lines. The 14-day SMA indicator and the 50-day SMA indicator have been trending eastward between the close points of $0.016169 and $0.016394. The Stochastic Oscillators have crossed northward from the oversold region to levels of 17.47 and 28.93, indicating that buyers are making an effort.
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