- The fear and greed index for the AMP crypto shows extreme greed.
- AMP is trading at a level of $0.003677 with an advance of 1.5% in the last 24 hours.
Amp (AMP) is an ERC-20 token collateralizing payments on the Flexa Network, enhancing transaction speed and security. It mitigates risks in digital payments by acting as collateral for various exchanges.
Co-created by Flexa and ConsenSys, Amp facilitates mainstream adoption of digital currencies in commerce, with Tyler Spalding representing Flexa publicly.
The AMP crypto has high liquidity based on its market cap and has shown 17 green days in the last 30 days. The market cap dominance of the cryptocurrency is 0.01%, followed by a market cap value of $133.21M.
The market cap ranking of the crypto is #256 as per Coingecko, and the Total value locked for the crypto is %95.172M. The value of the traded volume for the crypto in the last 24 hours is %6.091M.
Moreover, the crypto’s volume/market cap ratio is 4.01% and hit an all-time high price of $0.1211 nearly three years ago. Also, the all-time low price hit by the crypto is $0.0007946, and the crypto price has since advanced by 362%.
The AMP Crypto Supply Overview
The total supply of the crypto is 99.213B AMP. Its circulating supply is 42.227B AMP and the fully diluted market cap is $364.665.
Also, the circulating supply market cap of the crypto is $206.167M and the number of holders for the token are 96,772, as per Etherscan.
The AMP Crypto Technical Analysis
We can see the formation of wicks on the candlestick in both directions on the weekly chart of the AMP/USD, which indicates volatility in the cryptocurrency price.
Furthermore, the price is trading in a small range and one must wait for it to break in either direction.
AMP/USD Chart by TradingView
Most popularly known EMAs, such as the 20, 50, and 200-day EMAs, are trading in a golden crossover, following which the price of the crypto is also trading above the EMAs.
The MACD and the signal line are trading in a golden cross and have recently crossed above the zero level. The bullish histograms are formed on the daily chart of the AMP.
The RSI is trading in a small range, indicating volatility. It is currently trading at 56.11 and has crossed above the 14-day SMA.
Summary
With extreme greed in its fear and greed index, AMP crypto trades at $0.003677, up by 1.5% in 24 hours. Technical indicators indicate uncertainty in price, followed by volatility in candlesticks. Thus, the price of the AMP crypto is uncertain and might stay volatile for some time.
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.