Amp Price Prediction for Today, February 27: AMP/USD Spikes Above $0.0060 Level
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The Amp price prediction witnesses a 1.27% price increase over the past 24 hours of trading as the coin touches a $0.0065 daily high.
Amp Price Prediction Statistics Data:
- Amp price now – $0.0058
- Amp market cap – $244.7 million
- Amp circulating supply – 42.2 billion
- Amp total supply – 99.2 billion
- Amp Coinmarketcap ranking – #146
AMP/USD Market
Key Levels:
Resistance levels: $0.0080, $0.0085, $0.0090
Support levels: $0.0040, $0.0035, $0.0030
AMP/USD gains a 14.31.272% price rise over the past 24 hours of trading as the coin bounces from the $0.0056 to the $0.0065 resistance level. The Amp price may face the upside as the red line of the 9-day MA remains above the green line of the 21-day MA. At the time of writing, the movement is likely to shift in the bullish favor if the technical indicator Relative Strength Index (14) crosses above the 60-level.
Amp Price Prediction: Amp (AMP) Could Go for More Spikes
The Amp price may need to rise above $0.0070 if the buyers keep the price above the 9-day and 21-day moving averages. Meanwhile, traders may consider the market bearish if the sellers bring the coin below the support level of $0.0050.
However, on the upside, the first level of resistance could be found at $0.0065, while the potential resistance levels lie at $0.0080, $0.0085, and $0.0090. Moreover, if the sellers bring the price towards the lower boundary of the channel, traders may expect supports to be located at $0.0040, $0.0035, and $0.0030 as the technical indicator Relative Strength Index (14) remains below the 60-level.
Against Bitcoin, AMP is likely to create additional gains if crosses above the upper boundary of the channel. During the European session, the Amp price touches the daily high at 28 SAT as the bulls spike above the 9-day and 21-day moving averages. From above, the nearest resistance level could be found at 30 SAT. Crossing above the upper boundary of the channel could hit the higher resistance at 35 SAT and above.
On the contrary, if the selling pressure creates a fresh low below the 9-day and 21-day moving averages, lower support may come at 18 SAT and below. However, the technical indicator Relative Strength Index (14) moves below the 60-level, suggesting sideways movement for the coin.
Amp Alternatives
The Amp price is facing an increase in buying pressure at the moment and it could continue to face the positive side if it breaks the $0.0070 resistance level. The trend is rising and the price has not yet reached its goal. Therefore, the buyers may continue the trend to the upper resistance level before showing any sign of bearish movement. And there, community members are rewarded as they speculate and also invest. Meanwhile, close to $5 million has been raised with the price of FGHT tokens increasing in the presale stage. Investors are therefore able to earn up to 67% in additional bonus tokens during the presale, depending on the purchase amount and vesting period chosen.
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