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Tamadoge (TAMA/USD) Prices Sway, Yet Energy Recovery Is Ongoing

Johnathon Fox
06/14/2023 | UPDATED ON: 06/14/2023

Tamadoge Price Prediction – June 13
Tamadoge is a budding cryptocurrency that is currently in a swaying motion. Despite this, energy recovery is still taking place in opposition to the US Dollar’s enduring rate of decline. In the meantime, the market trading condition has remained barely depressing, giving more room to a dip buying approach for intending long-term investors. Long-position takers should be strategic in their responses and avoid overburdening position openings.

TAMA/USD Market
Key Levels
Resistance levels: $0.01500, $0.01600, $0.01700
Support levels: $0.01300, $0.01200, $0.01100

TAMA/USD – 4-hour Chart

It is on the TAMA/USD 4-hour chart the crypto’s prices sway, yet energy recovery is ongoing to keep the hope lining toward metamorphosing into a bullish resumption trend. A northward-bullish engulfing candlestick has to form against the trend lines of the SMAs to nurse more subsequent rises above them as the 14-day SMA is below the 50-day SMA indicator, keeping a close-range position. The Stochastic Oscillators have set between 83.08 and 87.76 points to demonstrate that buyers have a significant advantage in buying from lower ends before a recurrence of bounces.
Tamadoge (TAMA/USD) Prices Sway, Yet Energy Recovery Is Ongoing
What’s the next probable move to surface in the TAMA/USD market operations around the SMAs?
Our trade myth still backs that the TAMA/USD market purchasers would still somewhat soften their pushing power around the SMAs as it has been that prices have been swaying, and yet energy recovery is ongoing from the depth of lower-trading spots. Before issuing a purchase order, long-position placers will have higher chances if they choose an outlook that will likely coincide with an oversold in the medium and near term. Stakeholders are to maintain vigilance by avoiding situations that could portray trade tends to decrease even more sharply.
Tamadoge (TAMA/USD) Prices Sway, Yet Energy Recovery Is Ongoing

TAMA/USD 1-hour chart

The 1-hour chart reveals that the crypto’s prices sway, yet the energy recovery process is ongoing around the trend line of the smaller SMA. The 14-day SMA indicator is underneath the 50-day SMA indicator. And they are still positioning to portend that variant moves that have been surfacing are sideways. The Stochastic Oscillators have moved southbound from around 80 to 34.38 to 24.48 levels. If the trend continues downward, shorting order positions will push for a retest of a lower trading area around $0.01300 to enable purchasers to recover.

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— TAMADOGE (@Tamadogecoin) June 13, 2023


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


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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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