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AMP

Despite Bear Market AMP Token SurgedDespite Bitcoin was bearish AMP turned bullish: The AMP token was following Bitcoin’s move like all other altcoins and cryptocurrencies. But if we take a look at the weekly time frame chart, then after the candle stick which was started on the 17th of May the price action of Bitcoin was moving sideways but on the other hand the AMP token was extremely bullish and surged more than 350%. Different support and resistance levels: On the daily time frame chart, the price line of AMP token has different support and resistance levels. Previously $0.062 and $0.075 had been working as a major resistance levels. After rejection, the priceline made turned strong bullish and finally broke out all the resistance levels and found a final resistance at $0.115. Now after being rejected by the $0.115 resistance level the price action has broken down the previous resistances which were now working as supports at $0.075 and $0.062. Now the priceline has finally found strong support at $0.052 and moving above this level. Broadening formation: On the weekly time frame chart, it can be easily observed that the price line of AMP token has formed a broadening formation. Every time after getting bounced by the support of this pattern the price action moves up and forms higher than the previous high. This time the price line after being rejected by the resistance, is moving down and there is a distance between the support and the price line AMP token. Therefore, the price action can move a little bit more down for the completion of the bearish move to have another bounce from the support. Big bullish Cypher pattern: On the weekly time frame chart, the price action of AMP is forming another bullish Cypher pattern. There is also 25 simple moving average support in the buying zone. Before this, AMP formed a Cypher (which I have already shared on 26th Mar 2021) and this previous pattern produced more than 380% rally. Previous pattern: Now this time when AMP token will complete this final leg of the bullish Cypher then it will also complete the move upto the support of the broadening formation. Current pattern: Conclusion: Even though this time the AMP token is again forming a big bullish reversal pattern. However, for the completion of the final leg of this current move we need a little more drop and then the price action will enter the bullish reversal zone. Ideally, after entering the potential reversal zone we can buy this token.
by moon333
1
AMP Price prediction for beginners by a beginnerI am new & this is my first published idea, I welcome any & all constructive feedback. I am NOT a financial advisor, this is NOT financial advice, I'm just a dude who has been smitten by charting. $AMP is one of the new listings on Coinbase & is (at time of typing) the "cheapest" currency on the big American exchange. This chart is a basic example of price action on the daily candles, local low, local high & 2 basic trend lines. Other macro indicators & TA has highlighted late September/Early October as the potential peak for the 2nd half of this bull run & this $AMP chart follows those trends. I anticipate a sell price, which is a 3x from my average cost, of just over .18 USD on or before 9/21. This analysis is almost entirely based on TA & $AMP tokenomics. I see this as an easy opportunity for new retail investors, (like myself) to make some money, gain some confidence & inspire more people to use Trading View.
GEMINI:AMPUSD
by TerranTim37
2
TrendHacker on AMP. How does B differ?Educational Tips can be found written out on the Chart. The purpose of this Tutorial is to help more people understand the difference between The Squeeze Momentum Indicator and TrendHacker_B. The Purple and Green Columns are not data corresponding to the Momentum of a Squeeze; Rather, the data being analyzed is of the strength of the Trend we see playing out in TrendHacker_A's Purple/Teal Ribbon & EMA Cloud. The Columns also display the measured conviction throughout a possible Reversal. (I am not a Finacial Advisor or an Expert Analyst, always be sure to do your own research when considering an investment. This is NOT Professional or Finacial Advice.)
COINBASE:AMPUSDEducation
by PlanDeFi
5
AMP still dropping and might stay low for a bitA couple of days back, I mentioned AMP can drop quite a bit still - and stay there for a while. It will all depend on what happens with BTC this week. My notes about the 24h candle (also on the chart): Could be a reversal signal, once it closes in the 24h. But, the RSI is still in the 48 zone. It needs to be below to 40 AND need to see other indicators + current market to actually start a short. Overall, depending on how BTC goes this week, AMP can stay in the lows for a while. I see the next support to be at around 0.058. If you have any opinion, please share. Hit like if you want more AMP analysis. Thanks!
GEMINI:AMPUSD
by Bitmany
3
AMP on the 1D RSI just starting to drop.I'm a big fan of AMP, and I will continue to be. It's a great collateral token used by Flexa to speed up merchant's transactions. Do your own research. I feel it went really good in it's first week available at Coinbase Pro, but... RSI at around 58 to this day. If it continues to go down, at the least below 40 - where I usually buy my coins - then we will see a big price drop before it goes up again. I actually bought a bunch of it on Monday, when it went live on CBP, and I'm holding it - because I feel positive about it and I'm in for the long run. I will liquidate at around 0.17 or 0.20 cents, but just to get more of it later. I have gotten a huge ROI on AMP in the past, and I'm sure it it's just starting to get traction. Do your own analysis and judgement. Hit like if you agree! Good luck!
GEMINI:AMPUSDLong
by Bitmany
AMP/USD - BUY - BREAKOUT AMP - Bullish momentum looking to push up in the coming weeks expect 2.65 at least amptoken.org Amp Price (AMP) $0.08893 +6.81% 0.000002467 BTC +8.00% 0.00003969 ETH +6.81% --------------------------------------- Market Cap $3,748,037,015 +6.68% --------------------------------------- Fully Diluted Market Cap $8,199,642,205 +6.39% --------------------------------------- Max Supply 92,547,638,199 Total Supply 99,213,408,535 --------------------------------------- The live Amp price today is $0.089013 USD with a 24-hour trading volume of $118,807,223 USD. Amp is up 6.89% in the last 24 hours. The current CoinMarketCap ranking is #28, with a live market cap of $3,758,829,267 USD. It has a circulating supply of 42,227,702,186 AMP coins and a max. supply of 92,547,638,199 AMP coins. If you would like to know where to buy Amp, the top exchanges for trading in Amp are currently Coinbase Exchange, Gate.io, ZB.COM, Bibox, and Uniswap (V2). What is Amp? Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases. How does Amp work? Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed in order to support value transfer activities. Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address. ---------------------------------------- cointelegraph.com COINBASE:AMPUSD GEMINI:AMPUSD BITTREX:AMPUSD POLONIEX:AMPUSD BITFINEX:AMPUSD BITFINEX:AMPUSDLONGS BITFINEX:AMPUSDSHORTS POLONIEX:AMPUSDT BITTREX:AMPBTC POLONIEX:AMPBTC BITFINEX:AMPBTC BITFINEX:AMPBTCLONGS BITFINEX:AMPBTCSHORTS
BITFINEX:AMPUSDLong
by MaverickTrading
16
Interesting find (15min)Found something interesting on the 15 min for AMP-USD (Coinbase). Ever since the breakout, I spotted a stair stepping pattern following the consolidation period (around .05c). Since this was the first time I witnessed some-what of a 'parabolic' movement of a crypto (from 0.5 - .122c) I wanted to see if I could find a pattern of some sort. Which to my surprise - I managed to find a -20% increase after each stair stepping pattern (from the base of the step to the peak). So my short 'prediction', if it actually follows the 20% increase & remaining within this uptrend, then we could potentially see AMP hitting the .13c range OR hitting the higher end of the .125 - .128c range - then possibly retracing to the .10 - .18c range (or retrace to previous resistance at .122c) unless the sell & psychological barriers are removed and bulls want to push to (and maybe pass) the .13c. If anyone has an idea of what this % change could mean and what resources could explain this type of pattern, or trading behavior (the 20% staircase pattern - if it is one), I would truly appreciate it. As always, this is NOT financial advice, just a random pattern I found interesting. Happy trading :)
COINBASE:AMPUSDShort
by iKuriosity
3