- The AMP coin is in a downtrend, around -8.5%, during the intraday trading session.
- The 24-hour trading volume is at $21,026 million.
- AMP/BTC pair is trading negative by -1.7% at 0.00000101 BTC.
Daily technical chart and price trend of AMP coin are showing a bearish trend. Based on the pivot level, the first support zone is 0.04040 USDT. From another perspective, if it rushes, the resistance level to watch is 0.05158 USDT. Thus, the graph made a bearish engulfing candle pattern during the day, and the cost is relied upon to remain downside with unwavering high force.
The Moving Average Exponential (EMA) Ribbon, comprising of different Ema’s, goes about as solid support in the coin price move. Investors might notice the cost struggles below the red ribbon, so it will guarantee a downswing in AMP until the cost dwells below.
Trading volume (53.95 M) is underneath the 20-day moving average (84.0 M). To put it plainly, the volume is moderate, making the cost remain at the support levels. Investors can likewise check that the volume bars on the graph are slanting, which demonstrates that exceptional instability is normal in the following trading days.
The RSI indicator gave a signal (bearish) with 34.70, projecting a selling signal in the currency. Investors can observe a declined slope from 54 to 34. It can fall in future trading sessions.
AMP Coin Plummets 20% in a Week
The price of the Amp today is $ 0.04507052 with a 24-hour trading volume of $ 21.026.661. The price of AMP has fallen by -8.5% in the last 24 hours. It has a circulation of 48 billion AMP coins and a total supply of 99.4 billion. The RSI points to a selling indication, and the traders have prompted moderate volume. In fact, the cost is around the support regions and proceeds in a downtrend. In like manner, with the general market perspective, the pattern stays bearish for coming trading days.
Resistance Level: $0.05158
Support Level: $0.04040