12/20/2023 0 Comments Amp coin price predictionSince the presale commenced, more than 20,000 users have joined the Early Investors waiting lists ahead of the project listing coming soon. The rate at which investors and crypto enthusiasts participate in yPredict’s presale campaign is tremendous. All-in-One AI Ecosystem Boasts Over 20,000 Investors on the Waiting List While AMP is building fear and Traction simultaneously, investors looking for short-term high-reward investment alternatives may consider the AI crypto-powered ecosystem, yPredict. Meanwhile, given the coin’s resistance at $0.002581, AMP will likely experience several rallies within the coming week. If AMP approaches this level, traders and investors may jump and buy more coin units, triggering a rebound by the following week. This shows that the coin’s market is neutral, but increasing selling pressure pulls it to the oversold region (below 30), suggesting a potential price decline in the coming days.ĭespite this market downturn, the 50-Day SMA supports (lower side), offering a more robust backup at $0.00240. Again, AMP’s Relative Strength Index (RSI) is at 53.88, slightly moving down. This shows that AMP has been bearish with a strong negative momentum today.Īccording to the chart above, a red candlestick has formed after the last green candle, indicating increased selling activities today. The asset’s Moving Average Convergence Divergence (MACD) indicator is below the signal line and has a bold red histogram bar. The long-term moving average (200-Day SMA) above AMP’s price indicates an overall bearish market trend, while the short-term (50-Day SMA) below the price shows the possibility for a bullish market outcome in a short period.Ĭonsidering this mixed market sentiment, AMP is likely in a consolidation phase, meaning it’s neither in a strong uptrend nor a strong downtrend. In the chart above, AMP trades between the 50-Day and 200-Day Simple Moving Averages. This resilience raises speculations that AMP could go up in the coming week and remain down this weekend. Today August 11, at 8:37 am EST, AMP plunged further by 2%, with the 24-hour trading volume also down by 58.25% at $9.3 million.ĭespite this troubling market condition, the asset still holds its price within the $0.0024 level and is trading at $0.002249 in the last 24 hours. This dip could be attributed to the drop in active addresses, from 1130 to 880, recorded on Santiment as of August 4, 2023. So, can AMP resist and stay strong amidst this market downturn? Keep reading to find out! AMP Upholds Market Price at $0.00244 – Up or Down, What’s Next?Īmp (AMP) lost 5.1% seven days ago after gaining 21.7% in the last 30 days. While this resilience raises concerns for specific traders, it also draws the focus of investors who see its potential to retain or increase value in the upcoming week.ĭespite lacking recent protocol developments, Amp’s possible distinctive features or robust support level at $0.00240 may contribute to its perceived reliability. The decentralized protocol Amp (AMP) is impressively resilient in today’s bearish market, evoking a mix of emotions among traders and investors – both fear and attraction. Join Our Telegram channel to stay up to date on breaking news coverage
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