Key takeaways
- AMP price predictions hint at a maximum price of $0.0044 by the end of 2024 while maintaining an average price of $0.0042.
- In 2027, the price of AMP will range between $0.0126 and $0.0151, with an average price of $0.0130.
- In 2030, AMP will range between $0.0381 and $0.0461, with an average price of $0.0395.
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 | $0.00446 |
| Market Cap | $365.76M |
| Trading Volume | $19.93M |
| Circulating Supply | 80.72B AMP |
| All-time High | $0.1211 June 16, 2021 |
| All-time Low | $0.0007946 Nov 18, 2020 |
| 24 High | $0.004745 |
| 24 Low | $0.004294 |
AMP price prediction: Technical analysis
| Metric | Value |
| Volatility | 2.85% |
| 50-Day SMA | $ 0.00391 |
| 200-Day SMA | $ 0.005149 |
| Sentiment | Bearish |
| Fear & Greed | 69 (Greed) |
| Green Days | 15/30 (50%) |
AMP price analysis: Cryptocurrency seeks bullish recovery above $0.00446
TL; DR Breakdown
- AMP price analysis confirms an upward trend at $0.00446.
- Cryptocurrency has lost up to 2.46% of value during the day.
- AMP coin prices are targeting next resistance around $0.00512.
On 21 November 2024, AMP coin price analysis confirmed an increasing trend for the cryptocurrency. The cryptocurrency value has spiked up to $0.00446 high in the past 24-hours. However, the overall market sentiment remained bearish, as the cryptocurrency lost up to 2.46% of value today. Despite the bearish swing this week, today the bulls remained successful in securing a victory.
AMP price analysis 1-day chart analysis
The one-day price chart of AMP coin revealed an upward market trend for the cryptocurrency. Coin value has recovered up to $0.00446 high during the day. On the other side, the market sentiment continues to remain negative. Considering the earlier downside, the cryptocurrency value now stands lower as compared to its moving average.
The distance between the Bollinger bands determines market volatility. As this distance is currently converging, this refers to a declining volatility. Moving on, the upper end of the Bollinger bands indicator, serving as the resistance, is present at $0.00512. Whereas its lower end, acting as the support band, is situated at $0.00323.
The Relative Strength Index (RSI) indicator is hovering within the neutral region. Its value has improved up to an index 55.07 low in the past 24-hours. The ascending curve on the RSI graph refers to a bullish market for now. The market events took a bullish turn during the past few hours, resulting in a sufficient recovery. This progress marks a relatively balanced trading environment for the cryptocurrency.
AMP/USD 4-hour price chart analysis
The four-hour price analysis of AMP coin confirmed a relatively bearish trend for the cryptocurrency. AMP/USD value has been reduced to $0.00446 over the past few hours of the day. The red candlestick on the four-hour price chart indicates a rising selling pressure in the market.
The Bollinger bands are converging, leading to declining market volatility. This decline in market volatility refers to a lower market unpredictability. Moreover, the upper Bollinger band has now switched to $0.00490, indicating the resistance point. Conversely, the lower Bollinger band is now present at $0.00436 low, signifying the availability of support.
The RSI indicator stands within the neutral region. Currently at 45.03 and still moving downwards, this indicates a negative market trend. The bearish activity remained considerably high over the past few hours of the day. As the selling pressure continues to grow once again, this has led to a relatively unstable cryptocurrency market.
AMP technical indicators: Levels and action
Daily simple moving average
| Period | Value ($) | Action |
| SMA 3 | 0.003753 | SELL |
| SMA 5 | 0.003796 | SELL |
| SMA 10 | 0.003778 | SELL |
| SMA 21 | 0.003914 | SELL |
| SMA 50 | 0.00391 | SELL |
| SMA 100 | 0.003877 | SELL |
| SMA 200 | 0.005149 | SELL |
Daily exponential moving average
| Period | Value | Action |
| EMA 3 | 0.003847 | SELL |
| EMA 5 | 0.003856 | SELL |
| EMA 10 | 0.00386 | SELL |
| EMA 21 | 0.003879 | SELL |
| EMA 50 | 0.003922 | SELL |
| EMA 100 | 0.004189 | SELL |
| EMA 200 | 0.004602 | SELL |
What can you expect from the AMP price analysis next?
AMP price analysis for the day gives out a bullish price prediction regarding the ongoing market events. Coin value has sought recovery above $0.00446 low in the past 24-hours. However, from an overall perspective, the cryptocurrency lost up to a substantial 2.46% of its value during the day. The bears remained highly dominant during the past week, however; today the price movements remained bullish. Technical indicators as well as the price charts continue to support the cryptocurrency buyers for the day.
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 2.46% if observed over the last 24 hours. The price is trading at $0.00446 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
- Anvil Governance has received a proposal from Flexa that authorizes 20 additional TimeBasedCollateralPool implementations and makes support for AMP possible.
- Anvil has issued “initial letter of credit related configurations” on their forum for the ease of users.
- 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 November 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 $0.00330 and $0.00418, with an average price of $0.00386.
| Month | Potential Low | Potential Average | Potential High |
| November | $0.00330 | $0.00386 | $0.00418 |
AMP price prediction 2024
From AMP price prediction 2024, traders can expect a maximum price of $0.0044 which is quite higher thean current Amp price, a minimum price of $0.0040, and an average trading price of about $0.0042.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $0.0040 | $0.0042 | $0.0044 |
AMP price predictions 2025 to 2030
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | 0.0060 | 0.0062 | 0.0072 |
| 2026 | 0.0086 | 0.0089 | 0.0104 |
| 2027 | 0.0126 | 0.0130 | 0.0151 |
| 2028 | 0.0191 | 0.0196 | 0.0221 |
| 2029 | 0.0262 | 0.0272 | 0.0334 |
| 2030 | 0.0381 | 0.0395 | 0.0461 |
AMP price prediction for 2025
AMP price prediction indicators for 2025 indicates a bullish trend for Amp, with the maximum price potentially reaching $0.0072. Conversely, the minimum price of the coin might stabilize at $0.0060, with an average trading price of $0.0062.
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 $0.0104. The minimum price could be around $0.0086, with an average trading price of $0.0089.
Amp coin price prediction 2027
According to the AMP price prediction for 2027, the maximum price is expected to surge to $0.0151. The minimum price could be around $0.0126, with an average trading price of $0.0130 as per Amp forecast.
Amp price prediction 2028
AMP price prediction for 2028 suggests a maximum price of $0.0221. The minimum Amp price is projected to be $0.0191, with an average trading price of $0.0196 for Amp cryptocurrency.
Amp (AMP) price prediction 2029
For 2029 AMP token price prediction, the maximum price of AMP is predicted to reach approximately $0.0334. The minimum price is expected to be $0.0262, with an average trading price of $0.0272.
Amp price forecast 2030
The AMP price forecast for 2030 suggests a maximum token price of $0.0461. The minimum price is projected at $0.0381, with an average trading price of $0.0395.
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 $0.0044 in the second half of 2024. In 2025, the coin will range between $0.0060 and $0.0072, with an average of $0.0062. 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 is trending near $0.00360 range, a step further down.
