Amp price prediction for today, December 11th

Amp price prediction is currently changing hands at $0.0039 as the 9-day and 21-day moving averages are pointing north.

AMP Predictive Statistical Data:

• Current AMP price – $0.0039
• AMP market cap – $168 million
• AMP circulating supply – 42.2 billion
• AMP total supply – 99.2 billion
• AMP CoinMarketCap Ranking – 194th

AMP/USD Market

Main level:

Resistance levels: $0.0050, $0.0052, $0.0054

Support levels: $0.0030, $0.0028, $0.0026

AMP/USD is trading around $0.0039 and once above the upper limit of the channel, the next target is positioned at $0.0044 where further profits can be generated. Nonetheless, a push from here could cause the price to drop straight to the $0.0045 resistance level, but if the current levels fail to sustain the strength, AMP may fall below the support level of $0.0035.

Amp Price Forecast: Are Amplifiers Ready for the Upswing?

According to the daily chart, Amp price is hovering around $0.0039 to generate further profits. However, if buyers exert more effort to keep the price above the channel, AMP/USD is likely to reach resistance levels of $0.0050, $0.0052, and $0.0054, respectively. Additionally, a bullish move above these key resistance levels is likely to spur further buying.

Moreover, a bearish move below the moving averages could lead to a decline towards the important support levels of $0.0030, $0.0028 and $0.0026. Meanwhile, looking at the moving averages, Amp may tend to follow an upward trend when the coin is on the rise.

AMP/BTC Heads North

Against Bitcoin, Amp price is attempting to break above the upper boundary of the channel reaching the nearest resistance at 1100 SAT. Therefore, unless this resistance effectively holds and the price closes above it, there may be no reason to expect a long-term bullish reversal.

However, a bearish move towards the lower border of the channel could refresh the lows below 800 SAT. Because continuation of the weakness is likely to meet key support below 700 SAT. From above, buyers can push the coin to reach potential resistance above 1200 SAT. Moreover, the 9-day moving average remains above the 21-day moving average, suggesting a more bullish signal.

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The daily chart indicates the possibility of Amp price starting a further upward trend for the coin, generating further profits. However, this is especially noticeable with the moving averages, where the 9-day moving average appears to be higher than the 21-day moving average, suggesting a possible upturn in market momentum.

Currently, Amp Coin is enjoying incredible success in the market, showing extraordinary and unexpected gains for a token of its size. Conversely, Bitcoin Minetrix’s pre-sale valuation suggests significant surge potential in the future. Even in the initial pre-sale phase, $BTCMTX earned an impressive $5.1 million in revenue, highlighting strong investor confidence in its bright prospects.

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