Tamadoge Price Prediction – June 18
The price of cryptocurrencies is gathering traction, swaying in ranges, as seen by commercial transaction activity in the TAMA/USD. The present trading zones have confined within the trade pace of the resistance line of $0.01400 and the support line of $0.01200. A minor percentage rate of 0.07 has featured negatively. In the running of the launching of long positions, the support line mentioned earlier will act as the pivotal zone toward achieving rebounding sustainable motives.
Resistance levels: $0.01500, $0.01600, $0.01700
Support levels: $0.01200, $0.01100, $0.01000
TAMA/USD – 4-hour Chart
It has showcased on the TAMA/USD 4-hour chart that the crypto-economic price is gathering traction, swaying in ranges predominantly around the axis of the smaller SMA. The formation of candlesticks has represented a southward-curve positioning to denote that some pushes will come to the downside purposely for a correction. The Stochastic Oscillators have relatively crossed southbound from the area of the overbought region to keep 62.58 to 56.98 points to indicate that sellers are making some waves.
Will the TAMA/USD trade bears step up their attempts in the coming operations to advance values beyond the $0.01200 support line?
In the meantime, the TAMA/USD trade short-position placers are liable to lessening impacts while intending to approach the $0.01200 as the crypto-economic price is gathering traction, swaying in ranges of that value line and the $0.01400. In the process of that sentiment aiming to materialize, repositioning the Stochastic Oscillators should allow occurring at lower points to point northward before placing a back buying order. Sellers who attempt placing orders around the trend line of the 14-day SMA should be wary of leaving their positions open to run for a long-term basis because those two range-bound points are still glimpse points that are psychologically ideal for buying from the dips.
TAMA/USD 1-hour chart
The 1-hour chart showcases that the crypto-economic price is gathering traction, swaying in ranges of $0.01400 and $0.01200. The 14-day SMA indicator has conjoined with the 50-day SMA indicator below the higher point mentioned in the first place. The Stochastic Oscillators have traversed northbound from the oversold region to 34.58 and 45.87 levels. Long-position placers should maintain their launching back traits without fear.
ICYMI: Tamadoge Community Manager, TamaTom, will catch you up on all your Tama News in under a minute.
To hear Tom provide an update on the new app and much more, press the play button!
ICYMI: Catch up on all your Tama News in less than a minute with Tamadoge Community Manager, TamaTom 📣— TAMADOGE (@Tamadogecoin) June 17, 2023
Hit play to hear Tom give an update on the new app and so much more! 🤩#memecoin #mobilegaming #tamadoge #web3gaming pic.twitter.com/5WOkKQCcz5
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.