As the Hamster Kombat community navigates the ongoing controversy surrounding token distribution, market volatility remains a concern. Here's a one-week forecast, considering recent trends and insights.
Current Market Status
- Price: $0.12
- Market Cap: $1.2B
- Trading Volume (24h): $150M
- Circulating Supply: 10B $HMSTR
Technical Analysis
- RSI (14): 45.6 (Neutral)
- MACD (12, 26): Bearish crossover
- 50-Day MA: $0.15
- 200-Day MA: $0.25
Predictions for the Next Week
- Short-term fluctuations: Expect price swings between $0.10 and $0.15 due to ongoing controversy and market uncertainty.
- Support levels: $0.08, $0.10, and $0.12
- Resistance levels: $0.15, $0.18, and $0.20
- Potential price targets:
- Bearish scenario: $0.08 (-33%)
- Bullish scenario: $0.18 (+50%)
Fundamental Analysis
- Token distribution reform: Any positive