AMP/USD Moves Near $0.0040 Level

The Amp price prediction is moving towards the 9-day and 21-day moving averages to hit the $0.0038 resistance level.

Amp Prediction Statistics Data:

• Amp price now – $0.0033
• Amp market cap – $145.8 million
• Amp circulating supply – 42.2 billion
• Amp total supply – 99.2 billion
• Amp Coinmarketcap ranking – #133

AMP/USD Market

Key Levels:

Resistance levels: $0.0050, $0.0055, $0.0060

Support levels: $0.0020, $0.0015, $0.0010

AMP/USD bulls are trying to push the coin above the 9-day and 21-day moving averages as the technical indicator Relative Strength Index (14) reveals that the market may embark on a positive movement as the signal line moves to cross above the 40-level.

Amp Price Prediction: AMP Price May Follow the Uptrend

The Amp price is changing hands at $0.0033 after touching the daily high at the resistance level of $0.0038. If the coin breaks the $0.0040 resistance level, the coin may cross above the upper boundary of the channel. However, the nearest resistance levels are located at $0.0050, $0.0055, and $0.0060, while dropping towards the lower boundary of the channel could reach the support levels at $0.0020, $0.0015, and $0.0010 respectively but currently giving a bullish trading volume.

Against Bitcoin, the Amp price is getting ready to reclaim the previous resistance level of 23 SAT above the 9-day and 21-day moving averages as soon as the bulls increase the pressure. On the downside, if the market price fall and drop towards the lower boundary of the channel, the next support level could surface at 18 SAT to locate further key support at 15 SAT and below if the sell-off later becomes huge.

On the upside, if the bulls push the price back above the upper boundary of the channel; Amp could face the upside and any further bullish movement may hit the potential resistance level at 26 SAT and above while the signal line of the Relative Strength Index (14) moves above 40-level to confirm the bullish movement. On the other hand, if it moves below this level, it may bring more bearish pressure into the market.

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