![]() 1-hour, 4-hour and 1-day candlestick charts are among the most popular. Traders can view candlesticks that represent the price action of Amp with different granularity – for example, you could choose a 5-minute candlestick chart for extremely short-term price action or choose a weekly candlestick chart to identify long-terms trends. Most traders use candlestick charts, as they provide more information than a simple line chart. How to read Amp charts and predict price movements? Traders also like to use the RSI and Fibonacci retracement level indicators to try and ascertain the future direction of the AMP price. Conversely, a drop below an important moving average is usually a sign of weakness in the AMP market. If the AMP price moves above any of these averages, it is generally seen as a bullish sign for Amp. ![]() The EMA gives more weight to more recent prices, and therefore reacts more quickly to recent price action.ĥ0-day, 100-day and 200-day moving averages are among the most commonly used indicators in the crypto market to identify important resistance and support levels. In addition to the simple moving average (SMA), traders also use another type of moving average called the exponential moving average (EMA). For example, a 12-day simple moving average for AMP is a sum of AMP’s closing prices over the last 12 days which is then divided by 12. As the name suggests, a moving average provides the average closing price for AMP over a selected time frame, which is divided into a number of periods of the same length. Moving averages are among the most popular Amp price prediction tools. When trying to predict the Amp price, traders also try to identify important support and resistance levels, which can give an indication of when a downtrend is likely to slow down and when an uptrend is likely to stall. These tools can roughly be divided into indicators and chart patterns. Similarly, Amp resistance levels are at $ 0.002401, $ 0.002457, and $ 0.002501.Īmp traders use a variety of tools to try and determine the direction in which the AMP market is likely to head next. Periodīased on today's classical pivot point (P1) with the value of $ 0.002356, Amp has support levels of $ 0.002300, $ 0.002256, and the strongest at $ 0.002199. Traders use the trend indicator to discover short-term overbought or oversold conditions. Weekly Exponential Moving Average (EMA) PeriodĪn oscillator is a technical analysis tool that constructs high and low bands between two extreme values, and then builds a trend indicator that fluctuates within these bounds. Amp Price Forecast Based on Technical Analysis Compared to today’s price, Amp could gain 593.16% by 2030 if it reaches the upper price target. The Amp price prediction for 2030 is currently between $ 0.012526 on the lower end and $ 0.015854 on the high end. Compared to today’s price, Amp could gain 674.10% by 2025 if AMP reaches the upper price target. The Amp price prediction for 2025 is currently between $ 0.004421 on the lower end and $ 0.017705 on the high end. Using the same basis, here is the Amp price prediction for each year up until 2030. Meanwhile, the price of Amp is predicted to reach as high as $ 0.005217 next year. Long-term Amp price prediction for 2024, 2025, 2026, 2027, 2028, 20īased on the historical price movements of Amp and the BTC halving cycles, the yearly low Amp price prediction for 2024 is estimated at $ 0.001996. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. The information provided is for general information purposes only. Based on our Amp forecast, it's now a bad time to buy Amp.ĭisclaimer: This is not investment advice. ![]() ![]() Amp recorded 12/30 (40%) green days with 7.22% price volatility over the last 30 days. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 52 (Neutral). According to our current Amp price prediction, the price of Amp is predicted to drop by -7.15% and reach $ 0.002126 by August 21, 2023.
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