Amp Price Prediction for Today, January 7: AMP Technical Analysis| Trending Viral hub

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The Amp price prediction shows that AMP may continue to show bullish movement if the market rises above the $0.0040 level.

Amplifier Prediction Statistical Data:

  • Amplifier price now: $0.0036
  • Amplifier market capitalization: $151.4 million
  • Circulating amp supply: 42.2 billion
  • Total Amp Supply: 99.2 Billion
  • Amp Coinmarketcap Ranking – #292

AMP/USD Market

Key levels:

Resistance levels: $0.0045, $0.0050, $0.0055

Support levels: $0.0025, $0.0020, $0.0015

Amp Price Prediction for Today, January 7: AMP Technical Analysis
AMPUSD – Daily Chart

AMP/USD is showing positive movement at the time of writing as the coin aims to cross above the 9-day and 21-day moving averages. According to technical indicators, Amp price has yet to rise near the upper boundary of the channel and traders can expect a bullish move in the next positive moves.

Amplifier Price Prediction: Amplifier Price Will Soar North

The daily chart shows that the amplifier price is trying to create a new positive trend, and traders can expect a bullish continuation towards the upper boundary of the channel that could touch the resistance level of $0.0040. Similarly, the technical indicator reveals that the 9-day moving average may need to make a bullish crossover above the 21-day moving average. However, any further bullish movement may place potential resistance levels at $0.0045, $0.0050, and $0.0055 in the long term.

Furthermore, if Amp price maintains the ascending channel pattern, traders may witness additional bullish trends in the upcoming trading sessions. Meanwhile, a bearish breakout is likely in this market if AMP/USD retreats below the lower boundary of the channel again, and this could send the coin back to the support levels of $0.0025, $0, 0020 and $0.0015.

AMP/BTC is trading lower

Against Bitcoin, the Amp The price continues to move lower as the coin trades below the 9-day and 21-day moving averages. Meanwhile, if the coin touches the nearest resistance level of 2200 SAT, it may start consolidating if the technical indicator moves in the same direction. However, if the bulls increase the pressure, the market price may continue the upward movement.

Amp Price Prediction for Today, January 7: AMP Technical Analysis
AMPBTC – Daily Chart

However, if AMP/BTC falls below the lower boundary of the channel, it may push the coin to the nearest support at 900 SAT, and any further bearish movement could lower the price to the support level of 850 SAT or lower. However, if the coin starts to follow a bullish move by crossing above the 9-day and 21-day moving averages, traders could see a bullish run to the 3500 SAT resistance level and higher.

Alternatives to Amp

Currently, Amp price is hovering around the $0.0036 level, ready to surpass the 9-day and 21-day moving averages. Within the ascending channel, the nearest resistance lies at the $0.0040 level, indicating increasing bullish momentum. Furthermore, if the market advances, further resistance is anticipated near the upper boundary of the channel.

However, Amp Coin is enjoying notable achievements with a market capitalization of $151.4 million. Although its market presence may seem modest due to its size, Bitcoin Minetrix’s pre-sale valuation indicates the potential for significant growth in the future. Even during its initial pre-sale stage, $BTCMTX has obtained a commendable 7.7 million dollars, which demonstrates the strong confidence of investors in its promising future.

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