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Tamadog price forecast for the 6th of October: Tama achieves the highest levels

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Tamadog price forecast for the 6th of October: Tama achieves the highest levels

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Tamadoji It took its support from $0.120000 and moved continuously to the upside until the price reached the $0.170000 level. Before the market took the upside, it started a long move to the downside after the sellers hijacked what should have triggered an uptrend (which is the 17 hour bullish candle from yesterday’s market). The sellers gained the upper hand after that 17-hour bull market. As a result, the market was performing in favor of the sellers until 5:00 of the day. Now, buyers have the upper hand.

Tamadoge market price statistic:

  • TAMA/USD rate now: $0.1829
  • perfect/Market value of the US dollar: $175,740.485
  • TAMA / USD circulating supply: 1.01 billion
  • Total Supply Tama / USD: 1,049,733,333
  • TAMA/USD currency market rating: #2651

main levels

  • Resistance: $0.1850, $0.1900, $0.2000
  • Support: $0.1284, $0.1200, $0.1134

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Tamadoge Market Price Analysis: An Indicators View

according to Indicators, the market price has reached the overbought area, and therefore, it is retracing the low price level. The price action moved outside the Bollinger Bands at the eleventh hour of today’s market. However, to show that the trend may continue to perform in favor of the buyers, two bands in the Bollinger bands are widening to make way for more market performance.

Tamadog price forecast for the 6th of October: Tama achieves the highest levels

Tamadoge: Tama / US dollar chart forecast in 5 minutes

The perfect The market has reached oversold territory in the indicators of this time frame. The indicator lines are now making efforts to correct the upper level. This market view allows us to see how volatile the market is. This is what expands the band. The RSI line is now measuring strength near the overbought threshold.

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Internet of Things (IoT) Token Price Prediction: VET, MIOTA, HNT, and IOTX

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The currencies referenced below have fallen to the bottom of the chart. For example, HNT and VET It fell to historical lows of $2.29 and $0.019, which correspond to January 25, 2021, and August 3, 2020, respectively. The altcoins are consolidating towards the bottom of the chart. While MIOTA and IOTX are consolidating above current support levels.

The main trend for VET/USD practice: bearish
VeChain (VET) is seeing a decline after its recent drop to $0.018 on November 9. The decline has subsided over the past three weeks. The altcoin resumed a range-bound advance below the $0.020 resistance.

VET/USD – daily chart

The bears broke the current support on November 21, but the bulls bought the dips. Buyers are being held back by the $0.020 resistance on the upside. However, VeChain is currently trading in the overbought area of ​​the market. This refers to the emergence of sellers to lower prices. VET produced an upward correction in the November 9 economic downturn and the candle’s retracement body tested the 61.8% Fibonacci retracement line. VET is expected to drop to the Fibonacci extension level of 1.618 or $0.013.

The main trend for MIOTA / USD: bearish
IOTA (MIOTA) is in a downtrend, after falling sharply to as low as $0.19 on November 9.

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Internet of Things (IoT) Token Price Prediction: VET, MIOTA, HNT, and IOTX
MIOTA/USD – daily chart

The upward adjustment ended at $0.24. Today, MIOTA rebounded above the $0.20 support level, and resumed consolidation above it. The upward move was capped by $0.22 or the 21-day simple moving average. The cryptocurrency will be in the period of RSI 14 level 45. The coin is likely to drop further.

HNT/USD main trend: bearish
Helium (HNT) is falling and has dropped significantly to $2.45. With bulls buying on dips, bears pushed the currency to a new low of $2.06.

Internet of Things (IoT) Token Price Prediction: VET, MIOTA, HNT, and IOTX
HNT/USD – daily chart

An upward correction is facing resistance at the 21-day SMA. At the time of writing, the altcoin was trading at $2.29. The altcoin is holding above the $2.00 support. Price action is characterized by small, uncertain body candlesticks known as Doji. These candlesticks indicate that buyers and sellers are unsure of the direction of the market.

Main trend for IOTX/USD: Bearish
IoTex (IOTXUSD) is declining, however, it has recently corrected upwards to previous highs. Buyers pushed the currency to the previous high but were unable to break it, sending it lower. The altcoin fell to as low as $0.035 before resuming consolidation above the current support.

Internet of Things (IoT) Token Price Prediction: VET, MIOTA, HNT, and IOTX
IOTX/USD – daily chart

IOTX produced a bullish reversal in the pullback on November 13 and the candle’s retracement body tested the 78.6% Fibonacci retracement line. The correction predicts that IoTex will decline, but it will reverse at the 1.272 Fibonacci Extension level, or $0.020. For the period 14, the altcoin has been at the RSI level of 46. The cryptocurrency is in a slump and may continue to decline.

However, the aforementioned currencies have fallen to the bottom of the chart. Traders and investors need not worry because there is another currency called Dash 2 Trade (D2T) It allows you to maximize your trading success with major crypto signals, Bot & Analytics platform right now. Thanks to our advanced Dash 2 Trade platform, it is now easier for all traders and investors to stay up to date with all the happenings related to cryptocurrencies. You will never miss any important events because the platform helps you stay on top of your trading game. D2T pre-sale dashboard will be available soon because product development is ahead of schedule. Nearly $8.5 million was raised in the ongoing pre-sale.

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Ripple is filing a final submission against the SEC as the landmark case draws to a close

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The most talked about crypto case involving the US Securities and Exchange Commission (SEC) and Ripple is coming to an end after a two-year battle.

On Dec. 2, the SEC and Ripple both filed redacted responses to each other’s opposition to motions for summary rulings.

Ripple argued in his move document that the SEC had failed to prove that its offering of XRP between 2013 and 2020 was an offer or sale of an “investment contract” and therefore a security under federal security laws.

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Ripple concluded the document by saying that “the court should grant the defendant’s request and should reject the SEC motion.”

This is Ripple’s “final submission,” Ripple General Counsel Stuart Alderotti said on Twitter on Dec. 3, asking the court to “make” a ruling in its favor.

He also stated that Ripple is proud of the defense it filed “on behalf of the entire cryptocurrency industry,” noting that Ripple “always played it straight with the court,” and took a subtle swing at the SEC saying that “the same cannot be said for our opponent.”

In another Twitter post, Alderoty continued to criticize the SEC on Dec. 5, referring to it as a “reversion regulator,” citing two statements suggesting they are on ends with each other.

Ongoing legal dispute Between the SEC and Ripple It began in December 2020 when the Securities and Exchange Commission initiated legal action against Ripple claiming that it raised $1.3 billion by offering Ripple’s native cryptocurrency XRP as an unregistered security.

Related: Investors are increasingly confident in Ripple’s victory over the SEC: CoinShares

Earlier November 30 on Twitter threadThere are only three cases left to be resolved in SEC vs Ripple, former federal prosecutor James Phelan said.

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This includes summary motions for judgment, expert challenges, and seal issues related to the Expert Reports, Hinman documents, and other materials on which the SEC and Ripple have relied in their motions.

Hinman documents refer to the speech given by William Hinman at the Yahoo Finance All Markets Summit in June 2018, where He stated that ether (ETH) was not a security.

Phelan believes that Justice Torres will not handle the three big cases “separately,” and instead will decide “everything together, and once she rules on the motions for summary judgment, a ‘big written judgment’ will be rendered — likely” on or before March 31. ) 2023.”