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Hamster Kombat (HMSTR) acquires momentum with Ton Layer-2

Hamster Kombat (HMSTR) recently launched a-2 game-focused layer on Ton Blockchain, attracting attention in the Web3 games.

Although it decreased by 38 % in the last 30 days, HMSTR showed signs of recovery, with more than 10 % last week. Technical indicators indicate that with the construction of the momentum, the strength of the trend remains unconfirmed, which makes the coming days decisive to the direction of the HMSTR price.

HMSTR ADX shows that the current trend is not strong

ADX HMSTR is currently at 21.5, after reaching 28.4 days ago and decreases to 18.8 yesterday. ADX, or medium trend indicator, measures the strength of the direction but not its direction.

It ranges from 0 to 100, with values ​​less than 20 indicating a weak direction and above 25 indicating a strong direction. Currently, ADX Hmstr explains on 21.5 that the trend is gaining some strength, but it is still in a relatively weak area.

HMSTR ADX.
HMSTR ADX. source: Tradingvief.

The last increase from 18.8 to 21.5 indicates that the momentum is building, which supports the possibility of the emerging upward trend, after hamster launched the 2 Blockchain layer on tons. However, in order for this bullish trend to gain more confidence, you will need ADX to height above 25, which confirms the strength of the strongest direction.

If ADX continues to increase, this may indicate that the purchasing momentum is increasing. On the contrary, if it fails to collapse above 25 and begins to decrease again, you may lose the bullish trend.

HMSTR CMF is now positive after three consecutive days at negative levels

Hamster Kombat’s CMF is currently at 0.13, rising from -0.25 two days ago and its climax at 0.22 yesterday. CMF, or the flow of Chaikin funds, purchased and purchased pressure by analyzing volume and price movement.

It ranges from -1 to 1, with positive values ​​indicating the purchase of pressure and negative values ​​indicating the pressure pressure. Currently, CMF HMSTR indicates at 0.13 that the purchase of momentum is present but weak compared to yesterday’s climax.

HMSRT CMF.
HMSRT CMF. source: Tradingvief.

CMF’s positive value indicates that buyers are still controlling, supporting the possibility of continuous price growth. However, the decrease from 0.22 to 0.13 indicates that the purchase pressure loses strength.

If CMF remains positive and begins to rise again, this may indicate the renewal of purchasing benefits and the gains of more prices for Hamster Kombat.

On the contrary, if the CMF continues to decline and turns into negative, this may indicate that pressure on the pressure takes its duties, which leads to a decline in prices.

Will Hamster Kombat 0.0028 test soon?

EMA lines from HMSTR indicate that they are trying to form a golden cross, as EMA crosses the short term over the long term, indicating a bullish direction. However, this intersection has not yet happened, indicating that the upward trend is still in its early stages.

If the construction of the momentum continues to purchase, the hamster kombat may rise to the test levels of about $ 0.0020, which is currently close to long -term EMA lines (blue line). This level can be a first resistance. If this is broken, the following test will be about $ 0.0023.

If this level is also broken, it may rise to $ 0.0028, and reaches its highest price since late January. This potential golden cross would confirm the upward trend and support the growth of continuous prices.

HMSTR price analysis.
HMSTR price analysis. source: Tradingvief.

On the contrary, if the momentum fades and loses the bullish trend, the HMSTR may face increased pressure pressure. In this case, support can be tested at $ 0.00158. If this support level fails, the price may decrease to $ 0.00145.

In order to achieve the upscale scenario, you will need EMA in the short term to cross EMA in the long run, confirming the golden cross. Until then, the price remains at a negative danger if the homosexual feelings prevail.

Disintegration

In line with the guidance of the confidence project, this price analysis article is for media purposes only and should not be considered financial or investment advice. Beincrypto is committed to accurate and unbiased reporting, but market conditions are subject to change without notice. Always perform your research and consult with a professional before making any financial decisions. Please note that the terms, conditions, privacy policy have been updated and the evacuation of responsibility.

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