Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more
Amp has recorded a price increase of nearly 3% today. This crypto has been bullish recently and has attracted a headwind after testing the $0.00850 mark. Subsequently, this crypto has retraced toward support over three consecutive sessions, falling below the $0.00630 price mark. However, at this point, it appears that market bulls have started presenting some upside resistance to bears in this market.
AMP Analysis Data:
Amp value now: $0.00608
AMP market cap: $251,334,761
AMP moving supply: 42.23 billion
Amp Supply: 99.21 billion
AMP Coinmarketcap ranking: #145
Major Price Levels:
Top: $0.00608, $0.00658 $0.00700
Base: $0.00580, $0.00550 $0.00520
AMP Is Staging an Upside Price Recovery Move
On the daily AMP/USD chart, price action has pulled back above the Fibonacci level 50, at $0.00594. At this point, this market has been able to rise back above the 9- and 21-day EMA curves. By implication, traders can infer that the uptrend may have resumed. Also, the MACD indicator curves are still above the 0.00 mark of the indicator. Although the MACD bars are now pale green, indicating that upside momentum is waning, if buyers can make a significant impact in this market, the MACD curves will resume their upward path.
AMP Stays Consistent With Minimal Upside Gains
Coming to the 4-hour AMP/USD market, it could be observed that this crypto has remained consistent with recording little profit. The price candles that have appeared in this market over the past eight hours are green, and they have formed above the 9- and 21-day EMA curves. It could as well be seen that the EMA line has just delivered a crossover below price action in this market. Consequently, this indicates the onset of more upside movement in this market. Additionally, the MACD lines are rising towards the 0.00 mark, and the histogram bars are green, showing that upside momentum is significant at this mark. Therefore, traders can predict that price action in this market may rise toward the $0.00660 price mark.
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
Learn to Trade
Never Miss A Trade Again
Signal Notification
Real-time signal notifications whenever a signal is opened, closes or Updated
Get Alerts
Immediate alerts to your email and mobile phone.
Entry Price Levels
Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.