Key takeaways
- AMP price predictions hint at a maximum price of $0.0053 by the end of 2024 while maintaining an average price of $0.0049.
- In 2027, the price of AMP will range between $0.0143 and $0.0172, with an average price of $0.0147.
- In 2030, AMP will range between $0.0430 and $0.0541, with an average price of $0.0446.
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 |  $0.00393 |
| Market Cap | $318,397,516.61 |
| Trading Volume | $16,423,403.52 |
| Circulating Supply | 80,722,574,661 AMP |
| All-time High | $0.1211 June 16, 2021 |
| All-time Low | $0.0007946 Nov 18, 2020 |
| 24 High | $0.004166 |
| 24 Low | $0.003894 |
AMP price prediction: Technical analysis
| Metric | Value |
| Volatility | 5.76% |
| 50-Day SMA | $ 0.00393 |
| 200-Day SMA | $ 0.005298 |
| Sentiment | Neutral |
| Fear & Greed | 50 (Neutral) |
| Green Days | 16/30 (53%) |
AMP price analysis: AMP devalues to $0.00393 amidst downside
TL; DR Breakdown
- AMP price analysis confirms a downward trend at $0.00393.
- Cryptocurrency has gained up to 0.35% of its value during the day.
- AMP prices are seeking the resistance level around $0.00404.
On October 21, 2024, AMP price analysis revealed a downward trend for the cryptocurrency. Coin value has dropped down to $0.00393 low in the past 24-hours. However, the cryptocurrency has gained up to 0.35% of value during the day. Although a strong upside was recorded yesterday, today the bears remained on the leading end.
AMP price analysis 1-day chart analysis
The one-day price chart of AMP coin confirmed a decreasing trend for the currency. The cryptocurrency value has depreciated down to $0.00393 in the past 24-hours. However, the overall market sentiment remains positive inline with yesterday’s upside. Considering the earlier ascent, the coin value stands above its moving average.
The gap between the Bollinger bands determines the market volatility. As this gap is currently expanding, this refers to a higher market unpredictability. Moreover, the upper end of the Bollinger bands indicator, serving as the resistance, is present at $0.00404. Whereas, the lower end of the Bollinger bands indicator, acting as the support, is associated at $0.00365.
The Relative Strength Index (RSI) indicator is present within the neutral region. Currently at 51.21, and still moving downward, this signifies a bearish market. The declining curve on the RSI graph refers to a downward swing. The selling activities remained significantly high today, resulting in a considerable devaluation.
AMP/USD 4-hour price chart analysis
The four-hour price analysis of AMP coin confirmed a declining market trend for the currency. Coin value has depreciated to $0.00393 amidst the growing downside. Red candlesticks on the four-hour price chart refer to a downward swing. Following the bearish slide, the coin value has receded below its moving average.
The distance between the Bollinger bands remains unchanged, resulting in a constant volatility. This constant volatility refers to a lower market unpredictability for the coming hours. Moving ahead, the upper Bollinger band acting as the resistance band, has shifted to $0.00406. Whereas, the lower Bollinger band serving as the support, has moved to $0.00374.
The RSI indicator is present within the neutral region. Its value has descended to 52.21 over the span of the past four hours. The declining curve on the RSI graph confirms a bearish market. Moreover, the steep bearish slope refers to a rising selling pressure. This decreasing movement refers to an imbalance trading environment.
AMP technical indicators: Levels and action
Daily simple moving average
| Period | Value ($) | Action |
| SMA 3 |  0.004164 | BUY |
| SMA 5 |  0.00423 | SELL |
| SMA 10 |  0.00411 | BUY |
| SMA 21 |  0.003995 | BUY |
| SMA 50 |  0.00393 | BUY |
| SMA 100 |  0.004152 | BUY |
| SMA 200 |  0.005298 | SELL |
Daily exponential moving average
| Period | Value | Action |
| EMA 3 |  0.003993 | BUY |
| EMA 5 |  0.003933 | BUY |
| EMA 10 |  0.003854 | BUY |
| EMA 21 |  0.003838 | BUY |
| EMA 50 |  0.00416 | BUY |
| EMA 100 |  0.004799 | SELL |
| EMA 200 |  0.005136 | SELL |
What can you expect from the AMP price analysis next?
AMP price analysis gives out a highly bearish prediction regarding the ongoing market scenario. Coin value has depreciated to $0.00393 low in the past 24-hours. However, the overall market sentiment remains towards the positive side. The coin value has gained up to 0.35% of value throughout the day. Technical indicators are giving out a neutral verdict regarding the current market events. However, the price charts continue to support the bears today.
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 down?
AMP’s price has decreased today. Alternatively, the coin has experienced a gain of 0.35% if observed over the last 24 hours. The price is trading at $0.00393 as the coin is under a bearish spell for now, however, the bulls 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 has issued “initial letter of credit related configurations” on their forum for the ease of users.
- The Acronym Foundation announced that Anvil core contracts have been deployed on Mainnet. The network will facilitate governance proposals for launch in the coming weeks.
- 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 October 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 $0.00353 and $0.00450, with an average price of $0.00401.
| Month | Potential Low | Potential Average | Potential High |
| October | $0.00353 | $0.00401 | $0.00450 |
AMP price prediction 2024
For 2024, traders can expect a maximum price of $0.0053, a minimum price of $0.0047, and an average trading price of about $0.0049.
| Year | Potential Low | Potential Average | Potential High |
| 2024 | $0.0047 | $0.0049 | $0.0053 |
AMP price predictions 2025 to 2030
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | 0.0068 | 0.0070 | 0.0081 |
| 2026 | 0.0099 | 0.0102 | 0.0119 |
| 2027 | 0.0143 | 0.0147 | 0.0172 |
| 2028 | 0.0212 | 0.0220 | 0.0247 |
| 2029 | 0.0311 | 0.0322 | 0.0372 |
| 2030 | 0.0430 | 0.0446 | 0.0541 |
AMP price forecast for 2025
AMP price prediction for 2025 indicates a bullish trend for Amp, with the maximum price potentially reaching $0.0081. Conversely, the minimum price of the coin might stabilize at $0.0068, with an average trading price of $0.0070.
Amp (AMP) price prediction 2026
In 2026, based on current projections and technical analysis, AMP’s maximum price is anticipated to reach $0.0119. The minimum price could be around $0.0099, with an average trading price of $0.0102.
Amp coin price prediction 2027
According to the AMP price prediction for 2027, the maximum price is expected to surge to $0.0172. The minimum price could be around $0.0143, with an average trading price of $0.0147.
Amp price prediction 2028
AMP price prediction for 2028 suggests a maximum price of $0.0247. The minimum price is projected to be $0.0212, with an average trading price of $0.0220.
Amp (AMP) price prediction 2029
For 2029, the maximum price of AMP is predicted to reach approximately $0.0372. The minimum price is expected to be $0.0311, with an average trading price of $0.0322.
Amp price forecast 2030
The AMP price forecast for 2030 suggests a maximum token price of $0.0541. The minimum price is projected at $0.0430, with an average trading price of $0.0446.
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 $0.0057 and $0.0068, with an average of $0.0059. 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.
- 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, and the current AMP price is trending near $0.00419 at the start of October.
