The volatility is high on the 4-hour chart, as the volatility indicator is covering more area. The 4-hour chart shows that after continuous selling pressure, support has finally arrived as the price is currently hovering at $0.00212, but the price movement has stopped. The 4-hour AMP price analysis shows support is present at the current price level, as, after the initial dip, the price hasn’t decreased further, dodging the bearish trend. AMP/USD 4-hour price chart: Recent developments and further technical indications The relative strength index (RSI) is also on a downward slope at index 50, indicating selling activity in the market. The SMA 20 continues to trade below the SMA 50 curve, which is a bearish indication as the moving average (MA) is present at the $0.00206 level. The average of the indicator is forming at $0.00207, and the price is trading far above the mean average of the indicator, moving toward the upper band. The volatility for the AMP/USD pair is low as the Bollinger bands have narrowed down, with the upper band at $0.00216 representing the strongest resistance and the lower band at $0.00197 representing the strongest support for AMP. On the other hand, the coin has gained 5.96 percent over the past week. The coin is reporting a 3.15 percent loss in value, and the trading volume has also decreased by 35.59 percent over the last day, which has resulted in a market dominance of 0.01 percent. Although the cryptocurrency is trending downward, support is also present at the current price level of $0.00212. The one-day AMP price analysis shows that the bearish momentum has continued in the past 24 hours. AMP price analysis 1-day chart: The downward trend of the price carries on for the second day Today, the price oscillation has stagnated as no notable movement has been seen yet, with the price settling at $0.00212. The bears also lack momentum, as sluggish price action has been observed over the past two days. Bears are covering a downward range today, as the trend has been downward since the price last surged to $0.00215, which has hampered further price growth. Support for AMP/USD is present at $0.00197.ĪMP price analysis for July 15, 2023, shows bearish price action.Resistance for AMP is present at $0.00216.AMP price analysis shows a bearish hindrance.AMP price analysis: Bearish sentiment weighs on AMP, causing the price to plummet to $0.00212 The circulating supply of Amp (AMP) at present is 42,227,702,186 AMP out of a maximum supply of 99,444,125,026 AMP. Notably, the Amp price has experienced a 0.34% decrease in the last 24 hours. The market capitalization of Amp is approximately $89,844,645, and it holds a market dominance of 0.01%. The current price of Amp (AMP) stands at $0.00212, with a trading volume of $6,685,821 over the past 24 hours. As a result of technological innovations, Amp seeks to drive network economic growth through adoption and payment volume (i.e., productivity output). Staking Amp seeks to improve overall utility by increasing in proportion to the number of users and transactions (e.g., customers, wallets, merchants) that join the network. This function seeks to make Amp suitable for any form of value exchange, including digital payments, traditional currency exchange, loan distributions, real estate transactions, and more. AMP Price Prediction 2032 – up to $0.83Īmp seeks to enable users to stake tokens without having to transfer them to a smart contract physically.AMP Price Prediction 2029 – up to $0.028.AMP Price Prediction 2026 – up to $0.009.AMP Price Prediction 2023 – up to $0.003.9 Conclusion AMP Price Prediction 2023-2032
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