{"id":584186,"date":"2024-10-06T10:25:22","date_gmt":"2024-10-06T10:25:22","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=584186"},"modified":"2024-10-06T10:25:22","modified_gmt":"2024-10-06T10:25:22","slug":"hamster-kombat-price-prediction-hmstr-plunges-26-in-a-week-as-traders-turn-to-this-ico-for-massive-airdrop-rewards","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/hamster-kombat-price-prediction-hmstr-plunges-26-in-a-week-as-traders-turn-to-this-ico-for-massive-airdrop-rewards","title":{"rendered":"Hamster Kombat Price Prediction: HMSTR Plunges 26% In A Week As Traders Turn To This ICO For Massive Airdrop Rewards"},"content":{"rendered":"

The Hamster Kombat price plummeted 26% in a week after falling 1% in the last 24 hours <\/span>to trade at $0.004724<\/span><\/a> as of 9:06 p.m. EST on trading volume that skyrocketed 68% to $148.5 million.<\/span><\/p>\n

Hamster Kombat Aims For A Breakout<\/b><\/h2>\n

From the left side of the chart of the Hamster Kombat price (around September 27), the price shows a strong bearish move from above $0.007500  to the current level around $0.004700. This indicates significant selling pressure.<\/span><\/p>\n

After the sharp decline, the price appears to be consolidating between roughly $0.005336 and $0.004500. This suggests a possible accumulation phase where buyers and sellers are in balance, as the price forms a sideways pattern.<\/span><\/p>\n

The price of Hamster Kombat now trades below both the 50-day and 200-day Simple Moving Averages (SMAs), which confirms the overall bearish stance.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) is currently at 45, which places it in neutral territory. Since it’s below 50 but not yet oversold, this suggests a slight bearish bias, but there is still room for the price to move in either direction.<\/span><\/p>\n

The recent uptick from around 30 to 45 suggests that the market may be finding temporary support, though it’s not yet showing strong bullish momentum.<\/span><\/p>\n

\"Hamster<\/p>\n

HMSTRUSDT Chart Analysis (Source: Tradingview)<\/span><\/p>\n

Hamster Kombat Price Prediction<\/b><\/h2>\n

According to the HMSTR\/USDT chart analysis on the 1-hour timeframe, the upper black line around $0.005028 acts as a key resistance level, and the price has failed to break above it recently. This is a critical level to watch if the price makes another attempt to move higher.<\/span><\/p>\n

A breakout above this resistance could signal a reversal and the start of a bullish move. The price of Hamster Kombat could soar at this level, as the next target is set at the $0.005336 level (200-day SMA).<\/span><\/p>\n

However, given that the RSI is neutral and the price is below the 50 SMA, the overall bias remains bearish unless the price breaks above the resistance. A breakdown below $0.004500 may lead to further declines, with $0.0043 acting as the next immediate support.<\/span><\/p>\n

Meanwhile, investors are piling into the new meme coin casino project <\/span>Memebet Casino (MEMEBET Token)<\/span><\/a>, which has amassed over $370K since its presale launched slightly over three weeks ago.<\/span><\/p>\n

YouTube channel Cryptonews, with over 10k subscribers, predicts that $MEMEBET Token could see a 100x increase after launch.<\/span><\/p>\n