AmpLong
Dear AMP Token…
This has been a long time coming, my love letter to AMP Token.
May I start out by saying what crypto is tied to Global currencies, 41,336(and counting) retailers throughout the United Stares & Canada, and is leading the race to regulatory clarity. Not only regulatory clarity in the US/Canada but also all throughout Europe and El Salvador. Have you heard of Bitcoin being legal tender in El Salvador, ask yourself how are the citizens of El Salvador and the businesses accepting Bitcoin as payments? Cough cough Flexa!
Everything stated above is powered by AMP Token through the power of collateral. All thanks to Flexa & Ampera for seeing the payment rails, payment infrastructure and fees associated with payments need to be upgraded. At the current date & time AMP has $57,230,000(valued in usd) as collateral for purchasing power. The data is updated every hour thanks to AMPY the community bot.
I can talk for hours upon hours about everything AMP has done, is doing and plans to do. But let’s get into some technical analysis.
AMP is up 50% the past month and has brought a lot of excitement along with those gains. For us long term buyers and holders we know this pump has been a long time coming. AMP has been in a long term down trend during this bear market.
The past 3 weekly candles have closed above our previous/most recent highs. That alone is a great sign, then add to that we’ve held onto these 50% gains.
We had a break out to the upside from the white trend line about 4 weeks ago that brought in tons of buy pressure. Now we’re finding resistance at the .236 fib level in yellow. With the wicks through the .236 fib I’m expecting a break to the upside. Which will catapult us to .618 fib level at .00455 with a potential wick to the over head trend line at .005
AMP is definitely under the radar for now. Once regulatory clarity comes to the market I’m sure Flexa & Ampera will announce more partnerships with retailers and other countries(Europe, Columbia and Brazil). Ampera is working towards bringing lines of credit to the crypto space. These are just a few of the mind blowing facts about that AMP is associated with.
Ask yourself what’s your favorite crypto doing? I can tell you it’s nothing compared to AMP.
May I start out by saying what crypto is tied to Global currencies, 41,336(and counting) retailers throughout the United Stares & Canada, and is leading the race to regulatory clarity. Not only regulatory clarity in the US/Canada but also all throughout Europe and El Salvador. Have you heard of Bitcoin being legal tender in El Salvador, ask yourself how are the citizens of El Salvador and the businesses accepting Bitcoin as payments? Cough cough Flexa!
Everything stated above is powered by AMP Token through the power of collateral. All thanks to Flexa & Ampera for seeing the payment rails, payment infrastructure and fees associated with payments need to be upgraded. At the current date & time AMP has $57,230,000(valued in usd) as collateral for purchasing power. The data is updated every hour thanks to AMPY the community bot.
I can talk for hours upon hours about everything AMP has done, is doing and plans to do. But let’s get into some technical analysis.
AMP is up 50% the past month and has brought a lot of excitement along with those gains. For us long term buyers and holders we know this pump has been a long time coming. AMP has been in a long term down trend during this bear market.
The past 3 weekly candles have closed above our previous/most recent highs. That alone is a great sign, then add to that we’ve held onto these 50% gains.
We had a break out to the upside from the white trend line about 4 weeks ago that brought in tons of buy pressure. Now we’re finding resistance at the .236 fib level in yellow. With the wicks through the .236 fib I’m expecting a break to the upside. Which will catapult us to .618 fib level at .00455 with a potential wick to the over head trend line at .005
AMP is definitely under the radar for now. Once regulatory clarity comes to the market I’m sure Flexa & Ampera will announce more partnerships with retailers and other countries(Europe, Columbia and Brazil). Ampera is working towards bringing lines of credit to the crypto space. These are just a few of the mind blowing facts about that AMP is associated with.
Ask yourself what’s your favorite crypto doing? I can tell you it’s nothing compared to AMP.
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.