{"id":432636,"date":"2023-08-24T10:53:16","date_gmt":"2023-08-24T10:53:16","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=432636"},"modified":"2023-08-24T11:25:56","modified_gmt":"2023-08-24T11:25:56","slug":"amp-price-prediction-amp-flat-after-14-slide-whats-stirring-the-pot","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/amp-price-prediction-amp-flat-after-14-slide-whats-stirring-the-pot","title":{"rendered":"Amp Price Prediction: Is There Hope For AMP After Year-Long Slide?"},"content":{"rendered":"<p>AMP, among the worst performers in the past year with a 71% slide, has remained relatively flat in the last 24 hours.<\/p>\n<p>It hit an all-time low of $0.0018 on June 20 and is down 20% in the past two weeks.<\/p>\n<p>In the last 24 hours, AMP has traded between $0.0019 and $0.0020.<\/p>\n<h2>AMP Remains Flat After 20% Plunge in Two Weeks<\/h2>\n<p>AMP&rsquo;s price has been on a steady decline in the last 30 days, and if bears take control of the price action, a new all-time low might be on the way.<\/p>\n<p>The token started a strong uptrend earlier this month. The price gained from $0.0022 on July 31 to $0.0028 by August 2, marking a monthly high.<\/p>\n<p>However, AMP has failed to sustain the bullish trend and is now shedding all the gains made at the time.<\/p>\n<p>The uncertain conditions across the broader market influenced by <a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-price\/bitcoin-price\">Bitcoin&rsquo;s weak price action<\/a> might result in more dips for AMP.<\/p>\n<h2>AMP Likely to Create New All-Time Low<\/h2>\n<p>(<a href=\"https:\/\/www.tradingview.com\/chart\/1eSpLoGL\/?symbol=BINANCE%3AAMPUSDT\">Source: Tradingview<\/a>)<\/p>\n<p>AMP might create a new all-time low if buyers fail to show up and show strong support for the token.<\/p>\n<p>The Relative Strength Index (RSI) at 35 shows selling activity. The RSI line is also relatively flat, indicating that selling pressure has eased, but buyers hesitate to jump in.<\/p>\n<p>The primary support currently lies at $0.0019, and the upper resistance at $0.0026.<\/p>\n<p>For a bullish reversal to be created, AMP must break past the 50-day simple moving average (SMA) of $0.00224 and the 100-day SMA of $0.00228.<\/p>\n<p>With the broader crypto market trading in the green today, AMP may record gains in the short term.<\/p>\n<h2>Ampera Testnet Could Drive Gains<\/h2>\n<p>The AMP token may recover with the scheduled Ampera testnet launch.<\/p>\n<p>With developers and users seeking scalability, the Ampera Foundation plans to use the testnet to improve its offerings.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Excited to announce that the Ampera testnet is LIVE. We're starting with a select group of community testers for now and look forward to scaling. <a href=\"https:\/\/t.co\/IXSFtwtZAp\">pic.twitter.com\/IXSFtwtZAp<\/a><\/p>\n<p>&mdash; Ampera (@ampera_xyz) <a href=\"https:\/\/twitter.com\/ampera_xyz\/status\/1692589646260174881?ref_src=twsrc%5Etfw\">August 18, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Ampera Foundation was <a href=\"https:\/\/ampera.medium.com\/introducing-the-ampera-foundation-8f3f5dee37ef\">created<\/a> to focus on the growth of the AMP ecosystem.<\/p>\n<p>The organization operates as a fully independent entity and is a not-for-profit firm.<\/p>\n<p>The organization obtained an initial donation of <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-amp\">AMP tokens<\/a> from the Flexa Network.<\/p>\n<h2>yPredict Presale is Selling Out Fast &ndash; Don&rsquo;t Miss Potential Returns<\/h2>\n<p>Presales are usually a great way to diversify a <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/how-to-get-into-crypto\">crypto investment portfolio<\/a>. The yPredict presale is selling out fast, with more than $3.5 million raised.<\/p>\n<p>The <a href=\"https:\/\/ypredict.ai\/\">yPredict presale<\/a> is in stage 7, where 1 YPRED token is trading at $0.1.<\/p>\n<p><iframe title=\"yPredict New Presale INSANE AI Crypto Launch - Next 10x Crypto\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/ge2hmc4YS6E?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>The early investors have a chance to make guaranteed returns as the listing price is $0.12.<\/p>\n<p>yPredict is an <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-ai-crypto-coins\">artificial intelligence (AI)<\/a> ecosystem built explicitly for analysts, traders, developers, and quants.<\/p>\n<p>The project uses predictive models and data insights for market participants to have an edge across different industries.<\/p>\n<p>&nbsp;<\/p>\n<h3>Related Articles:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-amp\">Where to Buy Amp (AMP) &ndash; Best Crypto Exchanges<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/amp-amp-price-prediction-gaining-traction-yet-ypredict-coin-could-outshine-it\">AMP (AMP) Price Prediction: Gaining Traction, yet yPredict Coin Could Outshine It<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/amp-price-prediction-for-today-july-25-amp-usd-could-spike-above-0-0029-level\">Amp Price Prediction for Today, July 25: AMP\/USD Could Spike Above $0.0029 Level<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - 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It hit an <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1941,"featured_media":432644,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-432636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Amp Price Prediction: Is There Hope For AMP After Year-Long Slide?<\/title>\n<meta name=\"description\" content=\"AMP, among the worst performers in the past year with a 71% slide, has remained relatively flat in the last 24 hours.\" \/>\n<meta name=\"robots\" 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