Amp Price Prediction for Today, December 11 – AMP Technical Analysis

The Amp price prediction is currently changing hands at $0.0039 as the 9-day and 21-day moving averages face the north.

AMP Prediction Statistics Data:

• AMP price now – $0.0039
• AMP market cap – $168 million
• AMP circulating supply – 42.2 billion
• AMP total supply – 99.2 billion
• AMP CoinMarketCap ranking – #194

AMP/USD Market

Key Levels:

Resistance levels: $0.0050, $0.0052, $0.0054

Support levels: $0.0030, $0.0028, $0.0026

AMP/USD is trading at around $0.0039, and once it manages to surpass the upper boundary of the channel, the next target is located at $0.0044 where it could create additional gains. Nonetheless, a push from here could send the price straight to the resistance level of $0.0045, but if the current level fails to hold strong, the Amp (AMP) could slip below the support level of $0.0035.

Amp Price Prediction: Is Amp Ready for the Upside?

According to the daily chart, the Amp price is hovering around $0.0039 intending to create additional gains. However, if the buyers put more effort and keep the Amp price above the channel, AMP/USD may likely hit the resistance levels of $0.0050, $0.0052, and $0.0054 respectively. In addition, any bullish movement above these key resistance levels may likely encourage further buying.

Moreover, any bearish movement below the moving averages may decline toward the critical supports at $0.0030, $0.0028, and $0.0026. Meanwhile, looking at the moving averages, Amp may tend to follow an upward trend as the coin moves to the upside.

AMP/BTC Heads to the North

Against Bitcoin, the Amp price is attempting to cross above the upper boundary of the channel which could hit the nearest resistance at 1100 SAT. Therefore, unless this resistance effectively holds and the price ends up closing above it, there might not be any reason to expect a long-term bullish reversal.

However, any bearish movement toward the lower boundary of the channel could refresh lows under 800 SAT as a possible bearish continuation may likely meet the major support at 700 SAT and below. From above, the buyers may push the coin to hit the potential resistance at 1200 SAT and above. Moreover, the 9-day moving average remains above the 21-day moving average, suggesting more bullish signals.

Amp Alternatives

The daily chart indicates the potential for the Amp price to initiate further bullish trends for the coin to create additional gains. However, this is particularly evident in the moving averages, where the 9-day moving average is seen above the 21-day moving average, suggesting a possible upturn in market momentum.

At present, Amp coin is experiencing remarkable success in the market, showcasing extraordinary and unexpected gains for a token of its scale. Conversely, Bitcoin Minetrix’s presale valuation suggests the possibility of substantial surges in the future. Even in its early presale phase, $BTCMTX has garnered an impressive $5.1 million, highlighting robust investor confidence in its bright prospects.