Conditions to increase the price of money from Hamster Kombat have been determined 15:35

Recently, global factors, especially the escalation of the Arab-Israeli conflict in the Middle East, have significantly affected the world’s traditional markets, causing serious declines in both stock markets and cryptocurrencies. As a result, Bitcoin’s price tends to remain at $61,000 while the price of the Hamster Kombat coin is struggling for support at key levels, which could allow the coin to show local growth. about this reports CoinPedia publication.

The trading history of the Hamster Kombat coin began with a sharp decline from a preliminary price of approximately $0.1 to current levels of $0.004668. The price has continued to fall since launch and is expected to follow a similar trend until it drops to $0.004 or even lower. However, the possibility of a “bullish” recovery (a sharp increase in price) should not be ruled out as technical data currently remains neutral, according to CoinPedia.

Analysis of the hourly HMSTR price chart shows that the token is stuck in a strong downtrend and the current selling pressure may support the downtrend for a while longer. The token is constantly trying to break above the resistance zone around $0.005, but the bulls (buyers) do not seem to be willing to push the prices above this zone. At the same time, the stochastic RSI (one of the main indicators used to analyze the state of cryptocurrencies – socialbites.ca) is preparing for an uptrend, indicating potential growth in the short term.

Therefore, for a strong rise to be confirmed, the price of the Hamster Kombat coin must rise above the resistance zone around $0.005. But given the current market dynamics, HMSTR price is likely to continue declining and form a bottom below $0.04.

Previously appearedIt seems that Russians are becoming more interested in cryptocurrencies against the background of the “hamster” list.