Key takeaways
Amp (AMP) is a decentralized collateral token facilitating fast and secure payment transactions on the Flexa network. Amp’s purpose is to enhance the adaptability of cryptocurrencies for day-to-day payments by addressing the issues of potential fraud and slow-speed transactions of typical cryptocurrencies. Amp also helps users stake tokens without physically transferring them to a smart contract. This function makes Amp suitable for any form of value exchange, including digital payments, traditional currency exchange, loan distributions, real estate transactions, and more.
Will AMP reach new heights with more adoption as the network’s number of users increases? Let’s examine the Amp technical analysis and predictions.
Cryptocurrency | Amp |
Token | AMP |
Price | $0.00758 |
Market Cap | $617.11M |
Trading Volume | $60.29M |
Circulating Supply | 80.72B AMP |
All-time High | $0.1211 June 16, 2021 |
All-time Low | $0.0007946 Nov 18, 2020 |
24 High | $0.007722 |
24 Low | $0.006795 |
Metric | Value |
Volatility | 22.72% |
50-Day SMA | $ 0.004337 |
200-Day SMA | $ 0.005098 |
Sentiment | Bullish |
Fear & Greed | 81 (Extreme Greed) |
Green Days | 17/30 (57%) |
TL; DR Breakdown
On December 3, 2024, AMP price analysis revealed an increasing market trend for the cryptocurrency. Coin value has spiked up to a $0.00758 high in the last 24 hours. Side by side, the cryptocurrency gained a massive 10.72% of value during the day. Despite the bearish slide last week, today the market trends remained in favor of the bulls.
The one-day price chart of AMP coin confirmed an upward trend for the cryptocurrency. AMP/USD value has increased up to $0.00758 amidst the rising bullish momentum today. The overall market sentiment remained in favor of the buyers as well. Considering the rising volatility, there is a high chance of reversal in the market trends.
The distance between the Bollinger bands determines the market volatility. As this distance is expanding massively, this indicates a rising volatility. Moreover, the upper limit of the Bollinger Bands indicator, serving as the resistance, is at $0.00818. Whereas, its lower limit, acting as the support, is at $0.00316 low for now.
The Relative Strength Index (RSI) indicator has entered the overbought region. Currently at 70.93 and still moving upward, this indicates a rising bullish strength. The ascending curve on the RSI graph signifies an increasing price movement. The buying activities remained highly dominant over the selling activities over the course of the past 24 hours.
The four-hour price analysis of AMP coin revealed an increasing price movement for the currency. Cryptocurrency value has improved up to $0.00758 high over the last four hours. Side by side, the green candlestick on the four-hour price chart marks a considerable rise in the bullish momentum.
The Bollinger bands are widening, leading to an increasing market volatility. The increasing market volatility levels signal a higher market unpredictability for the coming hours. Moving on, the upper Bollinger band has now shifted to $0.00765, indicating the resistance threshold. Whereas the lower Bollinger band has moved to $0.00691, defining the support.
The RSI indicator is hovering above the neutral region. Its value has climbed up to 61.72 over the past four hours. The bulls remained dominant in the past few hours, resulting in sufficient recovery. As the buying activities are rising, the market can enter a prolonged period of stability. Currently, the price movements are going in favor of the buyers as reflected in the recent upturn.
Period | Value ($) | Action |
SMA 3 | 0.006194 | BUY |
SMA 5 | 0.006266 | BUY |
SMA 10 | 0.005624 | BUY |
SMA 21 | 0.005085 | BUY |
SMA 50 | 0.004337 | BUY |
SMA 100 | 0.004128 | BUY |
SMA 200 | 0.005098 | BUY |
Period | Value | Action |
EMA 3 | 0.003847 | BUY |
EMA 5 | 0.003856 | BUY |
EMA 10 | 0.00386 | BUY |
EMA 21 | 0.003879 | BUY |
EMA 50 | 0.003922 | BUY |
EMA 100 | 0.004189 | BUY |
EMA 200 | 0.004602 | BUY |
AMP price analysis gives out a highly bullish prediction regarding the ongoing market events. Coin value has spiked up to a $0.00758 high over the past 24 hours. Side by side, if we talk about the overall market sentiment, then it remains highly positive. The cryptocurrency value gained up to a 10.72 percent boost during the day. Technical indicators as well as the price charts continue to present a bullish overview of the current market trends.
AMP has been struggling with a bearish trend for the past few months. Despite this, its strong fundamentals suggest it could be a solid long-term investment. Crypto analysts suggest that the approaching weeks can steadily increase the cryptocurrency’s value. A bullish rally may be expected in the latter part of this year (2024), potentially pushing the AMP above $0.01.
AMP’s price has increased today. Additionally, the coin has experienced a gain of 10.72% if observed over the last 24 hours. The price is trading at $0.00758 as the coin is under a bullish spell for now, however, the bears sought victory yesterday.
AMP’s resistance level is at $0.005; yet, a break above this level is possible if sufficient buying momentum builds. A break near or above $0.010 will require a more robust push but isn’t impossible, as the coin achieved this level on March 12, 2024.
Amp has never spiked above the $0.12 level. Even this price mark was observed only once at the start of the token’s launch, and AMP has never seen this level. It seems highly unlikely for AMP to achieve $1 soon.
According to Cryptopolitan’s price prediction, AMP will not achieve this level in the next 10 years until something unusual happens. Considering AMP’s current market cap of only $204 million, the scenario seems almost impossible.
Amp is trading near its average price level if observed over the longest price period levels. It can be a good long-term investment, as its price will double in 2025 and reach $0.068 by 2030.
Ampera (AMP) price prediction for December anticipates a minimum price of $0.00297 and an average trading price of $0.00533. If the bulls maintain control of the market, AMP could reach as high as $0.00800.
Month | Potential Low | Potential Average | Potential High |
December | $0.00297 | $0.00533 | $0.00800 |
The AMP price prediction for 2024 shows that traders can expect a maximum price of $0.0079, a minimum price of $0.0070, and an average trading price of about $0.0077.
Year | Potential Low | Potential Average | Potential High |
2024 | $0.0070 | $0.0077 | $0.0079 |
Year | Potential Low ($) | Average Price ($) | Potential High ($) |
2025 | 0.0106 | 0.0110 | 0.0129 |
2026 | 0.0154 | 0.0159 | 0.0180 |
2027 | 0.0221 | 0.0229 | 0.0268 |
2028 | 0.0327 | 0.0337 | 0.0388 |
2029 | 0.0467 | 0.0484 | 0.0563 |
2030 | 0.0679 | 0.0704 | 0.0820 |
AMP price prediction for 2025 indicates a bullish trend for Amp, with the maximum price potentially reaching $0.0129. Conversely, the minimum price of the coin might stabilize at $0.0106, with an average trading price of $0.0110.
In 2026, Amp price prediction based on current projections and technical analysis shows that AMP’s maximum price is anticipated to reach $0.0180. The minimum price could be around $0.0154, with an average trading price of $0.0159.
In 2027, AMP is expected to surge to a maximum price of $0.0268. The minimum price could be around $0.0221, with an average trading price of $0.0229.
AMP price prediction for 2028 suggests a maximum price of $0.0388. The minimum Amp price is projected to be $0.0327, with an average trading price of $0.0337.
For the 2029, the maximum price of AMP is predicted to reach approximately $0.0563. The minimum price is expected to be $0.0467, with an average price of $0.0484.
The AMP price forecast for 2030 suggests a maximum token price of $0.0820. The minimum price is projected at $0.0679, with an average price of $0.0704.
Firm Name | 2024 | 2025 |
Wallet Investor | $0.0102 | $0.0592 |
DigitalCoinPrice | $0.0158 | $0.0184 |
We expect AMP to achieve a high of $0.0079 in the final month of 2024. In 2025, the coin will range between $0.0106 and $0.0129, with an average of $0.0110. Note that the predictions are not investment advice. Seek independent professional consultation or do your own research for investments.