AMPL contraction period
Updated
After month of supply expansion there should be month of contraction. Adding to position is not wise yet due to negative rebases, patience is the key. I guess the minimum total market cap in this period will be around 320mil in the middle of august.
Trade active
It looks like the total market cap has stabilized above around 450mil, which is a good place to start accumulate for the next expansion. I think the most of the negative rebases are already behind us and an exchange listing in the late august is going to trigger or bloat the new expansion period.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.