- Amp coin price is currently seeing a strong upside trend and can soon see a new high. In contrast, the asset has seen a loss of more than 50% in the daily chart
- Technical indicators of AMP suggest a strong upside rally to a new high. Meanwhile, the AMP/BTC pair has observed a gain of more than 48% in the intraday session
Why Invest In AMP Crypto?
AMP crypto price is currently seeing a strong upside momentum and can soon see a new high in the future.AMP price has observed a gain of more than 48% in the intraday session and is trading near the value of $0.0717.
The network has been termed as the latest digital collateral token offering instant and verifiable assurances for any kind of asset or new transfer in the given network. The token aims to offer excitable and also new features in the future. It is verifiable collateralization through a system of collateral and various other features.
The asset market dominance along with the market cap has been seeing a strong trend and can soon see a new high. AMP coin price volume has also been seeing a strong upside which can push the asset to a new high. AMP/BTC pair can also see a new high in the future. One can invest in AMP as per their needs and risk capacity.
AMP Crypto Price Bulls Are Ready For The New High
The weekly technical chart of the AMP hints towards a strong upside trend for the future. On the daily chart, the asset price has been seeing a strong upside momentum. The upside momentum of AMP can see a hostility near $0.09. The support region of the asset can be found near $0.04. The asset price is currently trading above the 50 and 100 DMA. The 50 DMA is currently near the value of $0.051 acting as temporary support for the price. There is a strong bullish engulfing pattern formed in the asset which can push the price. If the coin price jumps above $0.09then a strong bullish momentum can be seen. AMP/BTC pair might also observe a new high in the future.
Conclusion
AMP coin price is currently seeing a strong upside momentum and can soon see a new high. AMP/BTC pair can also observe a new high in the future.
Technical Levels
Major Support:$0.04
Major Resistance:$0.09