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Low Bearish Momentum, The sky Is the Beginning for TAMA

Low Bearish Momentum, The sky Is the Beginning for TAMA

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Bulls dominate the SHIB market

SHIBUSD Price Analysis – September 10th

An increase in buyers’ momentum may break the $0.000013, $0.000014 resistance levels and the $0.000015 resistance level may be tested. If the sellers defend the $0.000013 resistance level, the SHIB can reverse and break through to $0.000012, where $0.000011 and $0.000010 can be reached.

Key levels:

Resistance levels: $0.000013, $0.000014, $0.000015

Support levels: $0.000012, $0.000011, $0.000010

SHIBUSD Long Term Trend: Up

On the daily chart, SHIBUSD is in an uptrend. Since August 27th, crypto has been in a state of flux. The scenario started when sellers pushed the coin to the support level at $0.000012. Sellers’ pace weakened and could not break the level. Buyer pressure was unable to push the price above the $0.00013 resistance level. This led the price to fluctuate between $0.000013 and $0.000012.

The fast moving average (9 period EMA) is trying to cross the slow moving average (21 period EMA) to the upside. The price is trading above the two EMAs as a sign of bullish movement. An increase in buyers’ momentum may break the $0.000013, $0.000014 resistance levels and the $0.000015 resistance level may be tested. If the sellers defend the $0.000013 resistance level, the price can reverse and penetrate $0.000012, where $0.000011 and $0.000010 can be reached. However, period 14 of the Relative Strength Index is at the 54 level, pointing upwards indicating a buy signal.

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SHIBUSD medium-term trend: Bullish, the sky is the beginning of TAMA

SHIBUSD is bullish on the 4-hour chart. The coin is falling from the resistance level of $0.000017 to the support level of $0.000012. It consolidated for a few days before buyers got enough pressure to breach $0.000013. The price is moving towards the $0.000013 resistance level.

The coin is trading above 21 period EMA and 9 period EMA. The two EMAs are separated, indicating bullish momentum in the Shiba Inu market. Period 14 of the Relative Strength Index is at the 64 level and there is a buy signal on the signal lines.

Tamadoge builds his own Tamaversea. However, the fun doesn’t end there. Tamadoge plans to build its own metaverse game world – the Tamaverse – where you can interact with your pet in an augmented reality environment. The application will be available next year. Before that, leaderboards will be released later this year where Pets are reachable in a 2D online environment. Each pet NFT has an associated 3D avatar for Tamaverse. Unlike most other meme coins, Tamadoge is actually useful and not just a cute picture, although the interface we’ve seen so far suggests it is. Tamadoge is becoming more than a match with rivals like Aavegotchi and Shiba Inu. Rewards are paid from transaction fees generated at Tamadoge Pet Store.

Related

Tamadoge – Play and earn meme coins

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  • Earn TAMA in battles with Doge Pets
  • Limited Supply of 2 Billion, Token Burn
  • NFT based Metaverse game
  • Pre-sale Live now – tamadoge.io

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