Key takeaways AMP price predictions hint at a maximum price of $0.0079 by the end of 2024 while maintaining an average price of $0.0077. In 2027, the price of AMP will range between $0.0221 and $0.0268, with an average price of $0.0229. In 2030, AMP will range between $0.0679 and $0.0820, with an average price of $0.0704. Amp (AMP) is a decentralized collateral token facilitating fast and secure payment transactions on the Flexa network. Amp’s purpose is to enhance the adaptability of cryptocurrencies for day-to-day payments by addressing the issues of potential fraud and slow-speed transactions of typical cryptocurrencies. Amp also helps users stake tokens without physically transferring them to a smart contract. This function makes Amp suitable for any form of value exchange, including digital payments, traditional currency exchange, loan distributions, real estate transactions, and more. Will AMP reach new heights with more adoption as the network’s number of users increases? Let’s examine the Amp technical analysis and predictions. Overview Cryptocurrency Amp Token AMP Price $0.00758 Market Cap $617.11M Trading Volume $60.29M Circulating Supply 80.72B AMP All-time High $0.1211 June 16, 2021 All-time Low $0.0007946 Nov 18, 2020 24 High $0.007722 24 Low $0.006795 AMP price prediction: Technical analysis Metric Value Volatility 22.72% 50-Day SMA $ 0.004337 200-Day SMA $ 0.005098 Sentiment Bullish Fear & Greed 81 (Extreme Greed) Green Days 17/30 (57%) AMP price analysis: Cryptocurrency upgrades to $0.00758 high TL; DR Breakdown AMP coin price analysis confirmed an upward trend at $0.00758. Cryptocurrency has gained up to 10.72% of value during the day. AMP coin prices are targeting the next resistance around $0.00818. On December 3, 2024, AMP price analysis revealed an increasing market trend for the cryptocurrency. Coin value has spiked up to a $0.00758 high in the last 24 hours. Side by side, the cryptocurrency gained a massive 10.72% of value during the day. Despite the bearish slide last week, today the market trends remained in favor of the bulls. AMP price analysis 1-day chart analysis The one-day price chart of AMP coin confirmed an upward trend for the cryptocurrency. AMP/USD value has increased up to $0.00758 amidst the rising bullish momentum today. The overall market sentiment remained in favor of the buyers as well. Considering the rising volatility, there is a high chance of reversal in the market trends. The distance between the Bollinger bands determines the market volatility. As this distance is expanding massively, this indicates a rising volatility. Moreover, the upper limit of the Bollinger Bands indicator, serving as the resistance, is at $0.00818. Whereas, its lower limit, acting as the support, is at $0.00316 low for now. AMP/USD 1-day price chart. Source: TradingView The Relative Strength Index (RSI) indicator has entered the overbought region. Currently at 70.93 and still moving upward, this indicates a rising bullish strength. The ascending curve on the RSI graph signifies an increasing price movement. The buying activities remained highly dominant over the selling activities over the course of the past 24 hours. AMP/USD 4-hour price chart analysis The four-hour price analysis of AMP coin revealed an increasing price movement for the currency. Cryptocurrency value has improved up to $0.00758 high over the last four hours. Side by side, the green candlestick on the four-hour price chart marks a considerable rise in the bullish momentum. The Bollinger bands are widening, leading to an increasing market volatility. The increasing market volatility levels signal a higher market unpredictability for the coming hours. Moving on, the upper Bollinger band has now shifted to $0.00765, indicating the resistance threshold. Whereas the lower Bollinger band has moved to $0.00691, defining the support. AMP/USD 4-hour price chart. Source: TradingView The RSI indicator is hovering above the neutral region. Its value has climbed up to 61.72 over the past four hours. The bulls remained dominant in the past few hours, resulting in sufficient recovery. As the buying activities are rising, the market can enter a prolonged period of stability. Currently, the price movements are going in favor of the buyers as reflected in the recent upturn. AMP technical indicators: Levels and action Daily simple moving average Period Value ($) Action SMA 3 0.006194 BUY SMA 5 0.006266 BUY SMA 10 0.005624 BUY SMA 21 0.005085 BUY SMA 50 0.004337 BUY SMA 100 0.004128 BUY SMA 200 0.005098 BUY Daily exponential moving average Period Value Action EMA 3 0.003847 BUY EMA 5 0.003856 BUY EMA 10 0.00386 BUY EMA 21 0.003879 BUY EMA 50 0.003922 BUY EMA 100 0.004189 BUY EMA 200 0.004602 BUY What can you expect from the AMP price analysis next? AMP price analysis gives out a highly bullish prediction regarding the ongoing market events. Coin value has spiked up to a $0.00758 high over the past 24 hours. Side by side, if we talk about the overall market sentiment, then it remains highly positive. The cryptocurrency value gained up to a 10.72 percent boost during the day. Technical indicators as well as the price charts continue to present a bullish overview of the current market trends. Is AMP a good investment? AMP has been struggling with a bearish trend for the past few months. Despite this, its strong fundamentals suggest it could be a solid long-term investment. Crypto analysts suggest that the approaching weeks can steadily increase the cryptocurrency’s value. A bullish rally may be expected in the latter part of this year (2024), potentially pushing the AMP above $0.01. Why is AMP up? AMP’s price has increased today. Additionally, the coin has experienced a gain of 10.72% if observed over the last 24 hours. The price is trading at $0.00758 as the coin is under a bullish spell for now, however, the bears sought victory yesterday. Will AMP reach $0.010? AMP’s resistance level is at $0.005; yet, a break above this level is possible if sufficient buying momentum builds. A break near or above $0.010 will require a more robust push but isn’t impossible, as the coin achieved this level on March 12, 2024. Will AMP reach $1? Amp has never spiked above the $0.12 level. Even this price mark was observed only once at the start of the token’s launch, and AMP has never seen this level. It seems highly unlikely for AMP to achieve $1 soon. Will AMP reach $10? According to Cryptopolitan’s price prediction, AMP will not achieve this level in the next 10 years until something unusual happens. Considering AMP’s current market cap of only $204 million, the scenario seems almost impossible. Does AMP have a good long-term Future? Amp is trading near its average price level if observed over the longest price period levels. It can be a good long-term investment, as its price will double in 2025 and reach $0.068 by 2030. Recent news/opinions on AMP On 30th November, Ampera retweeted a post of one of its ambassadors who paid through the SPEDN app for a purchase at Dunkin’ Donuts. SPEDN was launched by FlexaHQ for payments at various outlets. Soon, America will run on digital payments! 🏃🔥 https://t.co/5zpUMpA70E — Ampera (@ampera_xyz) November 29, 2024 After rebranding to Ampera, the Ampera Foundation is again rebranding to Acronym Foundation, focusing on developing two products: Anvil and Ampera. Anvil is a collateral protocol for issuing on-chain secured credit, while the Ampera project is a grassroots payments initiative to support mainstream digital payments. AMP price prediction December 2024 Latest Amp price prediction shows that the token could break out lower from current levels. A break below 40 RSI will necessitate a steep reversal. This month, Amp will trade between $0.00297 and $0.00800, with an average price of $0.00533. Month Potential Low Potential Average Potential High December $0.00297 $0.00533 $0.00800 AMP price prediction 2024 From AMP price prediction 2024, traders can expect a maximum price of $0.0079 which is quite higher thean current Amp price, a minimum price of $0.0070, and an average trading price of about $0.0077. Year Potential Low Potential Average Potential High 2024 $0.0070 $0.0077 $0.0079 AMP price predictions 2025 to 2030 Year Potential Low ($) Average Price ($) Potential High ($) 2025 0.0106 0.0110 0.0129 2026 0.0154 0.0159 0.0180 2027 0.0221 0.0229 0.0268 2028 0.0327 0.0337 0.0388 2029 0.0467 0.0484 0.0563 2030 0.0679 0.0704 0.0820 AMP price prediction for 2025 AMP price prediction indicators for 2025 indicates a bullish trend for Amp, with the maximum price potentially reaching $0.0129. Conversely, the minimum price of the coin might stabilize at $0.0106, with an average trading price of $0.0110. Amp (AMP) price prediction 2026 In 2026, Amp forecast based on current projections and technical analysis shows that, AMP’s maximum price is anticipated to reach $0.0180 . The minimum price could be around $0.0154, with an average trading price of $0.0159. Amp coin price prediction 2027 According to the AMP price prediction for 2027, the maximum price is expected to surge to $0.0268 . The minimum price could be around $0.0221, with an average trading price of $0.0229 as per Amp forecast. Amp price prediction 2028 AMP price prediction for 2028 suggests a maximum price of $0.0388 . The minimum Amp price is projected to be $0.0327, with an average trading price of $0.0337 for Amp cryptocurrency. Amp (AMP) price prediction 2029 For 2029 AMP token price prediction, the maximum price of AMP is predicted to reach approximately $0.0563 . The minimum price is expected to be $0.0467, with an average trading price of $0.0484. Amp price forecast 2030 The AMP price forecast for 2030 suggests a maximum token price of $0.0820 . The minimum price is projected at $0.0679, with an average trading price of $0.0704. AMP market price prediction: Analysts’ Amp price forecast Firm Name 2024 2025 Wallet Investor $0.0102 $0.0592 DigitalCoinPrice $0.0158 $0.0184 Cryptopolitan’s AMP price prediction We expect AMP to achieve a high of $0.0079 in the second half of 2024. In 2025, the coin will range between $0.0106 and $0.0129, with an average of $0.0110. Note that the predictions are not investment advice. Seek independent professional consultation or do your research for investments. AMP historic price sentiment The AMP token was officially launched on September 11, 2020, with an initial price of $0.009. In its early months, AMP experienced a downward trend, hitting an all-time low of roughly $0.0007 on November 17 of the same year. However, the token reversed its fortunes entering 2021. It surpassed its launch price, reaching a notable high of about $0.046 on February 14, 2021. The momentum continued, and by April 18, AMP’s price peaked at $0.064. AMP set new records, reaching a high of $0.077 on May 7, 2021, and then $0.12 on June 16, following its listing on the prominent cryptocurrency exchange, Coinbase. Despite these spikes, the overall trend for the rest of the year was bearish. By September 2021, AMP had fallen below the $0.05 mark as per crypto market data. In January 2022, AMP declined further to $0.02. The bear market proved challenging, and by June of that year, AMP’s price had fallen below its initial launch price. On September 7, it hit a 52-week low of $0.0054. In 2023, AMP attained a maximum price of $0.00642 and a minimum price of about $0.00146. Near the end of the year, AMP was trading at $0.0035. At the start of 2024, AMP gradually started its bullish cycle and reached $0.0056. On March 13, it peaked at $0.0129 before reversing. For May, June, and July, the AMP token continued its slow descent from the $0.0081 level to reach $0.0040, almost losing 40% of its value in three months. At the start of August 2024, AMP continued following the downtrend, reaching $0.0031, but made high spikes, leveling back to $0.00342 on August 25. In September 2024, the AMP token spiked as high as $0.00446 briefly, but in October AMP price dipped to the $0.00362 level. In November AMP touched $0.00800 mark, and is trading near $0.00734 at the start of December.
