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Tag: Amp

  • AMP – What is the Chart Showing Us?

    At the time of writing AMP is being traded at the rate of $0.04896 with an increase of almost 2.27% within the last 24 hours.

    The low within this tenure was around $0.04761 and the high was approximately $0.05735. The coin as being in the watchlist of many traders makes it rank all the way up to number 66th according to the latest data released by coin market cap.

    AMP made its all-time high in the month of June 2021 where it reached an enormous amount of $0.121. At the moment it has a daily volume of $29,833,699 with an increase of about 33.63% within the last 24 hours. The total supply of the coin is now around 99B and the circulating supply is also 42.23B. AMP has a dominance of 0.09%.

    The top exchanges for trading it are currently Binance, ByBit, Gate.io.

    Technical Analysis 

    AMP has one of the most beautiful movements as can be seen on the chart. The price of the coin has been moving into a range. The trend line has been drawn to show you the channel. The price has broken outwards of this channel. This means that the price is bullish and we can soon big green candles from the price.

    AMP - 1D

    The price has broken out of the channel and is on its way to retest the level. If the price fails to hold the retest level, we can expect a drop to $0.046. If the price holds the level, it can shoot upwards. Another confluence is the presence of equal highs which can drive the price upwards. From here, we can expect the price to creating higher highs and higher lows.  Overall, lower time frame confirmations should be taken into consideration to have a cleaner entry into the market. AMP is bullish.

    Price Prediction – AMP 

    The coin has been a slow gainer. Nevertheless, the people have gained a lot, based on this coin. In the long run, traders are highly bullish on the project. The price of AMP has retraced back and is around the same price it had around the month of August. According to the wallet investor, AMP is a good investment. The price of the coin is to reach a value of $0.0643 in a year. In five years, the price is expected to reach around $0.130.

  • AMP Coin gains 20% – Where to Now?

    The coin had created its All-Time High in June 2021 and reached a price of almost $0.121 before falling down to a price of almost $0.0377 by losing more than 60% of its value. At the time of writing this article AMP is being traded at a price of $0.067. The price has almost increased by 20.82% today. In this month alone the price has increased by 37.09%.

    The Total volume at the moment is $159,022,651 with a decrease of $36.76 in the last 24 hours. The coin is listed on coinmarketcap on the 92nd spot and has a market dominance of about 0.05%.

    Technical Analysis

    Amp has been continuously printing higher highs. The price is respecting the trend line from where it has bounced from multiple occasions on the weekly time frame. Even on the monthly time frames, we can see very clearly how the price has respected the trend line and has continued to move upwards. We can see that the price wicked very high but it wasn’t able to sustain itself and fell down aggressively which created a higher low and didn’t break the structure of the price movement.

    Amp when dropped created a new order block. Seeing how the price this week has gained momentum, it can be said that it would tackle the order block again. A 50% mitigation of it can be expected by the price from where a possible reaction can be expected.

    Amp (AMP) - Weekly

    Overall the price is bullish on higher time frames. If the price reaches the order block then new confluences would show where the price can move then. If it holds then we can expect Amp to move higher. If it faces rejection we can expect the price to dropdown.

    Long Term Price Prediction – Amp

    Wallet Investor thinks that Amp is a highly bullish coin and it would continue to rise in value. According to their prediction, in one year Amp will reach a value of $0.1035. In a five-year plan, the price is expected to reach a value of $0.313.

  • AMP coin price prediction – To cross 10 cents soon?

    Amp coin has been trending as it is one of the best performers in the weekly timeframe. The cryptocurrency has been struggling with the bears in the past week as it tried to embark on an uptrend. After various tries, AMP coin shot upwards in the past twenty-four hours and reversed many of the losses incurred during the bearish market. At the time of writing, Amp crypto stands at a price level of $0.068. The price of the cryptocurrency has increased by 37% in the past twenty-four hours while the weekly performance shows a growth of 63%. The daily trading volume of Amp coin has shot up by a staggering 700%.

    Amp coin technical analysis

    The market sentiment for Amp coin is strongly bullish as indicated by the strength of the uptrend. Out of the total seventeen technical indicators, eleven are standing at a position of buy with six indicators giving out a signal of neutral while the sell indications are zero.

    Amp coin technical analysis
    Amp coin technical analysis

    Per the Bollinger Band analysis, Amp crypto had broken out of the bands as the bands expanded due to the bullish divergence in the market. However, would the bullish momentum remain or end? In the four-hour timeframe, the cryptocurrency may indicate an end of the bullish momentum. The recent candle formed by Amp is bearish. Further price movements will be required to confirm the downtrend of the cryptocurrency but it does appear like the more likely option.

    Amp coin price prediction

    Amp is a digital collateral token currently operating on Flexa Network where it is utilized as collateral for stablecoins. Amp coin can be considered as one of the best bets in the market being the thirty-third largest cryptocurrency with a market cap of nearly $3 billion. The future projections for the cryptocurrency are hopeful. Wallet Investor estimates the token to be operating at $0.137 in a year’s time while the five-year forecast places it at $0.50. Per the estimates of Digital Coin Price, Amp crypto will end the year with a price level of $0.10 and reach towards $0.244 by 2026.

  • AMP Coin bulls dominant – What to expect?

    AMP Coin bulls dominant – What to expect?

    Amo (AMP) may become a new favorite of investors as the cryptocurrency showed phenomenal performance in the past week. While most of the top hundred cryptocurrencies were crashing, Amp coin skyrocketed 118% in the weekly timeframe. Amp has established a new all-time high at its current price of $0.082. the price has increased by 40% in the past day while the daily trading volume has jumped up by 600%. Amp has now become the thirty-first largest cryptocurrency in terms of market capitalization.

    Amp (AMP) Technical Analysis

    The market sentiment for Amp crypto is strongly bullish. Out of the total twenty-six technical indicators, sixteen are giving out a signal of buy while nine stands at a neutral position and only one indication signal towards sell. The oscillators are neutral while the moving averages are strongly bullish.

    Amp (AMP) technical analysis
    Amp (AMP) technical analysis

    Amp crypto has been identified to be operating on a strong uptrend. The cryptocurrency had started gaining in March while it stayed immune to the bulls of the market during the first two months of the year. Once Amp coin picked up the pace, it has been growing at an incredible pace. Amp crypto has been achieving higher highs and establishing new all-time high throughout the period. The strong uptrend of the cryptocurrency is expected to continue in the coming days.

    What is Amp?

    Amp is a token based on the Ethereum blockchain. The digital asset token collaterize payments on Flexa Network. Flexa Network allow vendors to use crypto as collateral for payments made in cryptocurrencies. Amp coin is used to collaterize payments as vendors await confirmation of crypto payment. Amp increase efficiency on the network enabling value to move quickly by solving problems like slow transaction confirmation time and price volatility. Amp coin can also pave the path towards increased adoption of cryptocurrencies as payments.