Madoke Price Prediction for Nov. 11: TAMA Prepares for Another Breakout
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Tamadomo saw a big bullish move early in yesterday’s trading session. The price he reached the $0.003 price level and then plummeted. However, the bullish support still managed to hold on to the higher price support. The new support forms the basis of a trend that will calm the market at the $0.027 price level.From here, to the moment of writing this article, the market has been continuously flat
Egg Market Price Statistics:
- Current TAMA/USD Price: $0.027
- Tama/US Dollar Market Cap: $32,758,653
- TAMA/USD circulation volume: 1.05 billion
- Total TAMA/USD Supply: 1,049,733,333
- TAMA/USD coin market ranking: 2676th
key level
- Resistance: $0.0320, $0.0350, $0.0400
- Support: $0.0300, $0.0250, $0.0200
Gyokudo Market Price Analysis: Indicator Perspective
The price consolidation trend started late yesterday. And as the price channel continues to thin, the distance between the upper and lower bands of the Bollinger indicator begins to close. It wasn’t strong enough to affect the upper band. However, the buying pressure has allowed the market to secure higher support. Because of this, we can see a slight reaction in the upper band of the indicator. This higher support increases the chances of the bullish price breaking out of the market deadlock.
Tamadogue: TAMA/USD 5-Minute Chart Outlook
Considering the information from this lower timeframe, we can expect a bullish breakout. Buying pressure is gaining momentum. Also, the Bollinger indicator is responding with an upward price channel. The RSI line continues at level 80, which is in the buy zone of the indicator.Gyokudo’s next target is $0.0275.
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Madoke Price Prediction for Nov. 11: TAMA Prepares for Another Breakout
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