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According to data from CoinGecko, as of 8:32 p.m. ET, the price of Hamster Kombat has surged by 1,191 TP3T in the past 24 hours, trading at $0.005678, and the trading volume has soared by 28,331 TP3T to $1.1 billion.
Hamster Kombat prices continue to rise
The HMSTR/USDT chart on the 4-hour timeframe previously showed that the price of Hamster Kombat had been in a downtrend within a falling wedge pattern. The price of Hamster Kombat has now broken out of the wedge and is rising in a parabolic pattern, which could be a signal of a trend reversal.
HMSTR is now well above the 50-day and 200-day Simple Moving Averages (SMAs), which confirms the uptrend, with these levels providing major support at $0.003418 and $0.002780.
The Relative Strength Index (RSI) is significantly overbought (above 70) and currently stands at 89. This overbought level reflects strong bullish momentum but also suggests a possible pullback or consolidation due to overextension.
Moreover, the Moving Average Convergence Divergence (MACD) line is above the signal line, indicating a bullish crossover. This is a buy signal in technical analysis and suggests continuation of the upward momentum.
The Average Directional Index (ADX) level is above 25, indicating a strong trend, and here the reading is 40.01, confirming a strong uptrend. However, it does not indicate a direction – only that the current trend is strong and consistent with the upward price movement.
HMSTR/USDT chart analysis (Source: Tradingview)
Hamster Kombat Price Prediction
Hamster Kombat price analysis shows that the asset is currently in a bullish run, with indicators supporting continued upward momentum. If this momentum continues, HMSTR could surge further, with the next possible support level in the short term at the $0.0070 resistance level.
However, with the RSI in overbought territory, a short-term pullback or sideways consolidation may occur to ease the buying pressure before continuing to rise. Key support now lies near the breakout level, roughly at the 50-day and 200-day SMAs. If a pullback occurs, these levels may provide support at $0.003418 and $0.002780.
Meanwhile, the Pepe Unchained (PEPU) presale is another eye-catching token, with funds raised exceeding $26 million.
According to 99Bitcoins, a well-known crypto channel with over 706,000 subscribers, $PEPU has the potential to rise 100 times after its launch.
A promising alternative to Hamster Kombat
Pepe Unchained aims to free the original Pepe from its old, clunky Ethereum Layer-1 server room. That’s why it comes with its own proprietary Layer 2 blockchain.
This gives it faster transaction speeds, greater scalability, and lower fees than Ethereum.
We must provide developers with all the necessary tools — comprehensive guidance and financial support — so that they can build great decentralized applications.
In Q4, we will officially open grant applications for Pepe L2 developers.
This is your chance to shape the future...
— Pepe Unchained (@pepe_unchained)
September 18, 2024
The project is also very ambitious, having just launched Pepe’s Pump Pad, a memecoin launchpad similar to Solana’s Pump.fun, which aims to make it the center of the memecoin universe.
We are proud to announce a major upgrade to the Pepe Unchained ecosystem.
Pepe's Pump Pad?
Links to new pages on the website:
https://t.co/jz1v0iRppq
pic.twitter.com/mBzC9wDnl9
— Pepe Unchained (@pepe_unchained)
November 6, 2024
Token holders can also earn passive income through the platform’s staking system, which offers an annualized yield (APY) of up to 92%.
You can now buy $PEPU token for 0.01249 per $. As the price increase will come in less than 32 hours, buy it as soon as possible to get the best deal.
Get $PEPU token using ETH, USDT or bank card on the official website.
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