AMP
AMP Price Analysis: AMP Token Surges 10% From The $0.040 Support
- The AMP token price breaks above the 55-EMA during intraday
- The 24-hour trading volume is at $198 million.
- AMP/BTC pair is trading positive by 7.5% at 0.00000081 BTC.
Moving Average (EMA) In the AMP Token Daily Price Chart, which contains 8,13,21,55 EMA, it acts as a reliable support for currency price movements. Investors can find that prices are trying to break the yellow line and guarantee an uptrend for AMP as long as prices are above the moving average.
Trading volume (45.211 M) is above the 20-day moving average (59.285 M). The volume is high and increasing, so the cost increases. Investors may also notice an increase in volume. This indicates that unusual volatility is common on the following trading days.
AMP Token Price Heading Towards The Resistance Gradually
The daily price chart of AMP token is on the rise. Depending on the price movement, the support range is between $ 0.040 and $ 0.042. On the flip side, the resistance area that you should be looking for is at $ 0.060-0.062.
The RSI showed a signal of 56 (bullish) with a short term buy forecast. Investors may find that the indicator’s RSI line rises. This can happen in future trading days.
The MACD shows a (bullish) cross above the signal line on November 01, indicating a buy signal for the currency. In addition, investors can see the beginning of green bars in the histogram indicator.
Conclusion
Today’s Amp Price is $0.050398 on a 24-hour trading volume of $198,953,046. AMP prices have been up 9.3% in the past 24 hours. There are 48 billion AMP coins in circulation, making a total of 99.4 billion coins.
RSI and MACD indicate a buy signal. Traders have directed high volume. In fact, the cost has bounced from the support zone. A market overview also shows that this pattern will continue to rise in the coming trading days.
Resistance Level: $0.060- $0.062
Support Level: $0.040- $0.42
