The Ampleforth (AMPL) price is following a trend
Updated
Important: Predictions are no guarantees for the future.
As of 2020 July 27, Monday current price of AMPL is $2.776 and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception).
Ampleforth has been showing a rising tendency so we believe that similar market segments were very popular in the given time frame.
The demand is still increasing hence the uptrend in price. The rebase produces small dumps of 7 - 14% which can be seen on the chart. If you trade this token at given levels and sell the number of tokens right after the dump created by the rebase you should be in profit.
As of 2020 July 27, Monday current price of AMPL is $2.776 and our data indicates that the asset price has been in an uptrend for the past 1 year (or since its inception).
Ampleforth has been showing a rising tendency so we believe that similar market segments were very popular in the given time frame.
The demand is still increasing hence the uptrend in price. The rebase produces small dumps of 7 - 14% which can be seen on the chart. If you trade this token at given levels and sell the number of tokens right after the dump created by the rebase you should be in profit.
Note
The price hit the 2.6 level. The price will go down from this point so people could accumulate AMPL and gain some rewards from the next rebase.Note
The price went through 2.1 and almost hit 1.7 (third level). I expect an increase in the coming hours towards the next rebase.Note
The price jumped out of the second level and climbs towards the new rebase price. Will it pass 2.3? I think it will.Note
It hit the third box.
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