Tamadoge Price Prediction – October 9
There have been different factors showcasing the movements marking the presence of buyers and sellers in the TAMA/USD market, given that the crypto-economic price is on for lows toward the underlying point of $0.008000, conjecturing a rebound.
When there are active decreasing motions in a specific new trading economy, as there were at the time in the case of Tamadoge, the technical perspective of acquiring good possibilities tends to surface. The gist of the assumption is that both existing investors and newly intending investors should maintain a positive outlook on finding entries along the reduction trip, however long it lasts.
Resistance levels: $0.009500, $0.01000, $0.01050
Support levels: $0.007500, $0.007000, $0.006500
TAMA/USD Medium-term Chart
The TAMA/USD medium-term chart showcases that the crypto-economic price is on for lows breaking against the lower Bollinger Band path, conjecturing a rebound input.
As there has been a bearish candlestick forming at full capacity around the lower Bollinger Band, it has been positioned at $0.008318, as the upper part of the indicator is set at $0.009238, leaving the middle part to be positioned at $0.008778. The stochastic oscillators have been compressed southbound to ditch out the values of 36.186014 to 35.043744. Most indicators suggest the need to exercise patience in playing alongside the falling forces without a diligent level of precaution.
Should purchasers hold off for a while if the current falling force becomes so strong that it breaches the $0.008000 mark in the TAMA/USD market?
Long-position takers shouldn’t put off at any given material point, even if the current falling force goes more intensely in the TAMA/USD trade activities, given that the crypto-economic price is on for lows toward the line of $0.00800, conjecturing a rebound.
The price is currently trading around $0.008122, just below the point of the lower Bollinger Band trend line. This has caused another round of decreasing velocities to be generated in order to notify long-term position pushers of the possibility of entering the market. Sellers are merely advised not to short their positions any further below those levels since it may be difficult for them to even recover whatever commission or spread that may have been charged because the downward forces do not appear to last for very long. Therefore, we advise making a habit of setting up long-term position orders around and even below the current trade value.
TAMA/USD Short-term chart
The TAMA/USD short-term chart shows that the crypto-economic price is on for lows to approach the line of $0.008000, conjecturing a rebound.
The $0.009438, $0.008809, and $0.008180 values serve as the pivot points for the Bollinger Band trend lines. Additionally, a string of bearish candlesticks has appeared, causing the indicators’ lower region to move southward. The stochastic oscillators remain between 21.950159 and 0.387233, showing that downward pressures are beginning to wane in a slow-moving manner. As a result, purchasers ought to be exerting effort to recover positions.
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Over the course of the week, we’ll unveil more.
Mystery Project 5 coming to your mobiles soon 🎉— TAMADOGE (@Tamadogecoin) October 9, 2023
We’ll reveal more throughout the week 🐶 pic.twitter.com/npRjlVlJ2o
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