With the broader crypto market trading in the green today, AMP may record gains in the short term. The primary support currently lies at $0.0019, and the upper resistance at $0.0026.įor 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. The RSI line is also relatively flat, indicating that selling pressure has eased, but buyers hesitate to jump in.
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The Relative Strength Index (RSI) at 35 shows selling activity. AMP Likely to Create New All-Time LowĪMP might create a new all-time low if buyers fail to show up and show strong support for the token. The uncertain conditions across the broader market influenced by Bitcoin’s weak price action might result in more dips for AMP. However, AMP has failed to sustain the bullish trend and is now shedding all the gains made at the time. The price gained from $0.0022 on July 31 to $0.0028 by August 2, marking a monthly high.
The token started a strong uptrend earlier this month. AMP Remains Flat After 20% Plunge in Two WeeksĪMP’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. In the last 24 hours, AMP has traded between $0.0019 and $0.0020. It hit an all-time low of $0.0018 on June 20 and is down 20% in the past two weeks. Join Our Telegram channel to stay up to date on breaking news coverageĪMP, among the worst performers in the past year with a 71% slide, has remained relatively flat in the last 24 hours.
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