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AMP price prediction 2024-2030: Is AMP a good investment?

Key takeaways

  • AMP price predictions hint at a maximum price of $0.01 by the end of 2024 while maintaining an average price of $0.0088.
  • In 2027, the price of AMP will range between $0.0129 and $2.28, with an average price of $0.0144.
  • In 2030, AMP will range between $0.0877 and $15.43, with an average price of $0.1066.

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 number of users increases on the network? Let’s get into the Amp technical analysis and predictions.

Overview

CryptocurrencyAmp
TokenAMP
Price $ 0.00472
Market Cap$201,813,203
Trading Volume$14,498,641
Circulating Supply42,227,702,186 
All-time High$0.1211 June 16, 2021
All-time Low$0.0007946 Nov 18, 2020
24 High$0.004942
24 Low$0.004644

AMP price prediction: Technical analysis

MetricValue
Volatility6.53%
50-Day SMA$0.00705
100-Day SMA$0.00803
SentimentBearish
Fear & Greed74 (Greed)
Green Days12/30 (40%)

AMP price analysis: Downswing aggravates as AMP sinks to $0.00472

TL; DR Breakdown

  • AMP price analysis confirms a downtrend.
  • Coin value has dropped down to $0.00472.
  • Support is available on $0.00460 extreme.

The daily and hourly AMP price analysis for 19 June 2024 indicates signs of a growing bearish trend. The bears have been ruling the market since the past week, causing considerable loss for the cryptocurrency. In the past 24-hours, a further rise in the selling activity was observed. The latest downturn has led the coin value below the $0.00472 marker. If the selling activity aggravates, further loss is to be expected for the cryptocurrency. For now, Red candlesticks are dominating the one-day price chart considering the rising selling pressure.

AMP price analysis 1-day chart: Cryptocurrency value declines to $0.00473 amidst downturn

The daily AMP price analysis confirms a declining price movement for the cryptocurrency today. A strong bearish cloud has enveloped the market since the past week. Today, a further aggravation in the bearish trend was recorded, as a downturn was recorded. In the past 24-hours, the overall value of the cryptocurrency has depreciated to $0.00473 low considering the continual selling pressure. If we discuss the Moving Average (MA) indicator, then its curve is moving in the bearish direction. Its overall value has deteriorated to $0.00539 end as a consequence of the constant downswing in the past weeks. 

AMP/USD 1-day price chart. Source: TradingView

The one-day price chart displays an increasing volatility for now. The rising volatility is an indication of an approaching downward swing. Thus, the upper and lower bands of the Bollinger bands indicator have changed their positions. Currently, the upper extreme of the Bollinger bands indicator is present at $0.00748 high, indicating resistance. Whereby, the lower extreme of the Bollinger bands indicator is situated at $0.00460, hinting at the support levels. The Relative Strength Index (RSI) Indicator confirms the bearish momentum. Its graph displays a downward curve and its overall value has sunk to 21.64 bottom, thereby entering the oversold region.

AMP/USD 4-hour price chart: Bearish wave resumes as AMP drops to $0.00472

The hourly AMP price analysis confirms a declining trend for the cryptocurrency. The bears remained on the winning side considering the intense selling activity. The bears seem to be on the leading end since the early part of the day. A similar progression was recorded during the last four hours, as the price took a major downturn. The overall coin value has decreased to $0.00472 low as a result of the downtrend. The Moving Average Indicator’s value has dropped down to $0.00479 because of the persistent downfall. The indicator’s curve is on the descending side, and further decline in its value may be possible.

AMP/USD 4-hour price chart. Source: TradingView

The volatility has undergone a subtle decline which is a bullish indication for the next few hours. Whereas, the upper and lower extreme of the Bollinger bands indicator have changed their positions as well. The upper Bollinger band is present at $0.00567 high, signaling strong resistance for the cryptocurrency. On the other side, the lower Bollinger band is now situated at $0.00447, marking the available support. As the RSI indicator predicts the latest market events, its graph displays a steep bearish slope. The overall value of the RSI indicator has been reduced to 30.54, as a result of the continual downward swing.

AMP technical indicators: Levels and action

Daily simple moving average

PeriodValue ($)Action
SMA 3 0.006283SELL
SMA 5 0.00619SELL
SMA 10 0.006308SELL
SMA 21 0.006676SELL
SMA 50 0.00705SELL
SMA 100 0.008022SELL
SMA 200 0.005794SELL

Daily exponential moving average

PeriodValueAction
EMA 3 0.006599SELL
EMA 5 0.006753SELL
EMA 10 0.006897SELL
EMA 21 0.007041SELL
EMA 50 0.007323SELL
EMA 100 0.007089SELL
EMA 200 0.00608SELL

What can you expect from the AMP price analysis next?

The daily and hourly AMP price analysis suggests a downward swing for the cryptocurrency today. The bearish activity remained intense in the past 24-hours as well, and the overall value of the cryptocurrency has moved down to $0.00472 marker. Lastly, the four-hour price analysis predicts similar circumstances as a downtrend was observed over the past few hours of 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 bring a steady rise in the cryptocurrency’s value. In the latter part of this year (2024), a bullish rally may be expected, potentially pushing the AMP above $0.01.

Recent news/opinions on AMP

  • After rebranding to Ampera, the Ampera Foundation is now 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.
  • To promote cryptocurrency adoption, the Ampera Community X account has launched weekly spending challenges. Participants are urged to utilize SPEDN and make crypto transactions at Flexa merchants.

AMP price prediction June 2024

Amp could break out lower from current levels. A break below 40 RSI will necessitate a steep reversal. This month, Amp will trade between $0.0068 and $0.0081, with an average price of $0.0073.

AMP Price PredictionPotential LowPotential AveragePotential High
AMP Price Prediction June 2024$0.0068$0.0073$0.0081

AMP price prediction 2024

For 2024, traders can expect a maximum price of $0.0102, a minimum price of $0.0086, and an average trading price of about $0.0090.

AMP Price PredictionPotential LowPotential AveragePotential High
AMP Price Prediction 2024$0.0086$0.0090$0.0102

AMP price predictions 2025 to 2030

YearPotential Low ($)Average Price ($)Potential High ($)
20250.01280.01330.0152
20260.01850.01910.0221
20270.02790.02890.0315
20280.04040.04160.0486
20290.005480.05640.0702
20300.07970.08200.945

AMP price forecast for 2025

AMP price prediction for 2025 indicates a bullish trend for Amp, with the maximum price potentially reaching $0.0152. Conversely, the minimum price of the coin might stabilize at $0.0128, with an average trading price of $0.0133.

Amp (AMP) price prediction 2026

In 2026, based on current projections and technical analysis, Amp’s maximum price is anticipated to reach $0.0221. The minimum price could be around $0.0185, with an average trading price of $0.0191.

Amp coin price prediction 2027

According to Amp price prediction for 2027, the maximum price is expected to surge to $0.0315. The minimum price could be around $0.0279, with an average trading price of $0.0289.

Amp price prediction 2028

Amp price prediction for 2028 suggests a maximum price of $0.0486. The minimum price is projected to be $0.0404, with an average trading price of $0.0416.

Amp (AMP) price prediction 2029

For the year 2029, the maximum price of Amp is predicted to reach approximately $0.0702. The minimum price is expected to be $0.0548, with an average trading price of $0.0564.

Amp price forecast 2030

The AMP price forecast for 2030 suggests a maximum token price of $0.0945. The minimum price is projected at $0.0797, with an average trading price of $0.0820.

AMP market price prediction: Analysts’ Amp price forecast

Firm Name20242025
Wallet Investor$0.0102$0.0592
DigitalCoinPrice$0.0158$0.0184

Cryptopolitan’s AMP price prediction

We expect AMP to achieve a high of $0.0102 in the second half of 2024. In 2025, the coin will range between $0.0128 and $0.0152, with an average of $0.0133. Note that the predictions are not investment advice. Seek independent professional consultation or do your own 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.
AMP Price History; Source: Coinmarketcap
  • 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.
  • 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. At the time of writing (June 14, 2024), AMP is trading at $0.0056.

FAQs

Should I buy AMP?

Yes. Amp is a good investment with good returns. Analysts are however divided about Amp’s performance this year.

Where can I store my AMP tokens?

All Ethereum wallets can be used to store Amp since it's an ERC20 token. Read more about Ethereum wallets here: https://www.cryptopolitan.com/top-16-best-ethereum-wallets/

What's the price prediction for AMP in 10 years?

The AMP forecast shows that crypto coins will hit higher highs in 2033, meaning it has a bright future and can be a good long-term investment.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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