Ampleforth
AMPLE - THE INFLATION ADJUSTED STABLECOINThe idea behind this new and interesting kind of stablecoin is to allow holders to mantain the same amount of the initial investment in terms of usd (this is why is called stablecoin) but not in terms of amount of coin held. So, it is not forcedly pegged to the dollar itself, but it autonomously adjusts. When the demand makes the ample price to grow, the protocol takes from you the amount of coins to bring your $ value equal to the beginning. If the demand decreases, the value of ample decreases as well, so you will be credited new amples. It is not immediate, but it is a longer term adjustment,that is why it opens the doors to arbitrages.
Now, the demand for ample is very low because with btc pumping there is no demand for stablecoins. It is a good moment to buy at 0.8, waiting for 1.5 target (almost 100%). This, despite this kind of coin is not the best application of TA, is confirmed but the support and fibo level on the chart.
What do you think about AMPLE? You think is a good coin to trade? Let me know in the comments!
AMPLBTC The Decentralized FED - Tear of 50% Expected!Welcome to this quick update
AMPL Looks very very bullish here:
Why?
Fundamentals-
Potential Coinbase candidate
Finding dynamic support above the trend line. Breakout confirmed. Now in Accumulation!!!
Be ready to refuel now before blast off!
After a Tear run of 5000% in a month, it is good to see corrections and AMPL has done that.
AMPL now again refueling for the second run and now since it is in the peak of discussion in Crypto community and gaining attention of everyone,
Coinbase listing of this potential candidate makes it now even more lucrative.
Also TA wise we can see in lower timeframe Bullish MACD crossover and Bull mode on also Stoch RSI going way above indicating Bullish as well.
ENTRY: CMP (Current Market Price)
TARGETS:
9081
11695
24575
28874
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#PEACE
Ampleforth - mIssing the pointEveryone is missing the point, because they don't understand how financial market and capital market works.
I am grateful that because my experiences told me that financial market is and has always been rigged and been manipulated by few people and of course I have first hand experiences dealing with people who manipulate the stock market.
There is nothing different in Crypto. In fact, Crypto is MORE susceptible to manipulation since it is NO/LESS regulated.
When I see coin like ampleforth, I don't really care about its 'TOKENOMICS'. I only care about 'MANIPULATIONOMIC'. And this coin is ripe for manipulations, the so called pump and dump cycle.
Just like any other asset or stocks or crypto, I don't see ANY DIFFERENCE between this coin and other coins. Looking at the market cap, we have seen a parabolic rise, followed by a massive correction of about 60% from all time high. That is expected behaviour.
Anyone who bought this coin at the top believing in all the shillers and youtubers, its all your faults. Crypto is full of pump and dump, 60-70% corrections from all time high is normal. That's why I am not bother to give financial advices to normal people. Let them be poor forever if they can't make their own decisions and be responsible with it.
Ampleforth tokenomic does not matter at the moment, it might matter if this thing can go to market cap of Bitcoin or higher. Even Bitcoin is highly manipulated. I highly doubt that. Therefore, this is a fun experiment, but nothing different than other coins. And it is most probably subject to whales manipulation and pump and dump.
If you don't get it, I am feeling sorry for you. You don't understand financial/capital market.
And lastly, don't bother to reach out to me. I will never read any messages or even comments. I don't have time and I don't care.
Regards.
The Ampleforth (AMPL) price is following a trendImportant: 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.
AMPL - Possibly promising DeFi project Decided to shortly overview a couple of DeFi coins, because it's getting more and more hyped.
One of them is Ampleforth (AMPL). Currently at resistance, won't be long here, but if it close above and continues to rise I'll jump on this train.
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Information is just for educational purposes, never financial advice. Always do your own research.