AMP/USD Could Spike Above $0.0029 Level

On Jul 26, 2023

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The Amp price prediction shows that AMP escalates, but a break above $0.0029 may pull the coin toward $0.0030 in the coming trading sessions.

Amp Prediction Statistics Data:

Amp price now – $0.0026
Amp market cap – $103.9 billion
Amp circulating supply – 42.2 billion
Amp total supply – 99.21 billion
Amp Coinmarketcap ranking – #189

AMP/USD Market

Key Levels:

Resistance levels: $0.0033, $0.0035, $0.0037

Support levels: $0.0017, $0.0015, $0.0013

AMPUSD – Daily Chart

AMP/USD is currently trading around the resistance level of $0.0026 after touching the daily high of $0.0029 in the early hours of today. However, this could easily pave the way for gains above the upper boundary of the channel. Therefore, if the technical indicator Relative Strength Index (14) moves into the overbought region, the market may show that the bullish grip may be getting stronger.

Amp Price Prediction: Amp (AMP) May be Ready to go Higher

The Amp price is currently holding the ground above the 9-day and 21-day moving averages after a major recovery from $0.0020. This shows that buyers may begin to have the upper hand in the price movement, and they could easily push the coin toward the potential resistance of $0.0033, $0.0035, and $0.0037. In other words, if the buying action fails to break above $0.0030, then AMP/USD could instead settle for consolidation.

However, it is about time that buyers increase their confidence in the recovery because $0.0030 is still achievable. Therefore, if the bears push the coin below the moving averages, the support levels of $0.0017, $0.0015, and $0.0013 may be reached.

Against Bitcoin, the Amp price remains below the 50-level as the 9-day MA keeps hovering above the 21-day MA. Meanwhile, if the market price eventually crosses above moving averages, traders might expect a long-term bullish movement.

Meanwhile, any bearish movement toward the lower boundary of the channel may likely meet the major support at 7 SAT before falling to 4 SAT and below while the buyers may need to push the market to the potential resistance at 13 SAT and above as the technical indicator Relative Strength Index (14) moves to cross above the 40-level to give bullish signals.

Alternatives to Amp

The daily chart shows that the Amp price may likely create more bullish trends once the sideways movement fades away, and this is noticeable for the technical indicator Relative Strength Index (14) as the signal line moves to cross into the overbought region.

Meanwhile, as the crypto community continues to ride the wave of meme coins, a new contender is turning heads which is Wall Street Memes ($WSM). During a massively successful presale that has now raised close to $18m, Wall Street Memes ($WSM) has positioned itself as a token with the potential to erupt.

Wall Street Memes – Next Big Crypto