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Tamadoge (TAMA/USD) Market Retains an Increase in Fluctuation

Johnathon Fox
05/16/2023 | UPDATED ON: 05/16/2023

Tamadoge Price Prediction – May 15
Over time concerning the trading activities between the TAMA/USD trade buyers and sellers, the crypto-economic market retains an increase in a fluctuation trading arrangement that has tightly featured around the line of $0.07050. The last several hours into today’s session have produced a high of $0.017271 and $0.016806 trading zones at a minute percentage rate of 0.85. It seems that longing capacity positions are vastly approaching an end.

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 reveals the crypto-economic market retains an increase in a fluctuation around the trend line of the smaller SMA. The 50-day SMA indicator is at %0.018116 above the $0.016662 value of the 14-day SMA indicator. In the meantime, two horizontal lines mark the critical trading zones where the transactions have confined. The Stochastic Oscillators have traveled to the upside to 78.62 and 95.63 levels.
Tamadoge (TAMA/USD) Market Retains an Increase in Fluctuation
Will the 50-day SMA point be challenging in the current TAMA/USD market operation?
Expectantly, if the current pace in the TAMA/USD market retains an increase in fluctuation alongside the trend line of the smaller SMA, the price will find breaking of the 50-day SMA’s line not so cheap in the medium-term run. That, even if bulls lose their impetus, sellers should not stay on for too long.

About the downtrend path of the technical analysis, sellers may choose to use a complimentary reading notion between a 30-minute chart and a 1-hour chart backed by a bearish force, laying a move to the downside around the 50-day SMA trend line. No matter what, the current range trading zones of $0.02000 and $0.01500 isn’t technically ideal for shorting orders to the stage.
Tamadoge (TAMA/USD) Market Retains an Increase in Fluctuation

TAMA/USD 1-hour chart

The TAMA/USD 1-hour chart showcases that the crypto-economic market retains an increase in a fluctuation-moving manner around the conjoined trend lines of the SMAs toward the east direction in the range-bound spots of $0.02000 and $0.01500. The Stochastic Oscillators have been swinging northbound to signify that a rising moment is prevailing to a reasonable extent. Buyers will need to deal with a lower zone to purchase back at lower prices in the event of an abrupt shift to prevent that from happening.

Forget about Babydoge, TAMA is winning! In the coming days, it will be listed on top CEXs.

https://twitter.com/Tamadogecoin/status/1653374559079342080/photo/1

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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