AMP Bulls can stay above $0.065, high profit on TAMA

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Amp’s price forecast may not be short-term, but if the price rises, the coin may experience some volatility in the market soon.

Amp Forecast Statistics Data:

  • Amp price now – $0.0065
  • Amp market value – 275.4 million dollars
  • Amp transfer supply – 42.2 billion
  • Amp total supply – 99.2 billion
  • Amp Coinmarketcap Rank – #119

AMP/USD market

Key steps:

Resistance levels: $0.0085, $0.0090, $0.010

Support levels: $0.0050, $0.0045, $0.0040

AMP Bulls can stay above $0.65, high profit on TAMA
AMPUSD – Daily Chart

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AMP/USD is currently trading above the 9-day and 21-day moving averages at the $0.0065 level. In the descending channel range, the closest support is at $0.0060, with the closest resistance at $0.0090. Meanwhile, if the market rises, additional resistance can be found above the upper border of the channel.

AMP can crash when TAMA trades positively.

As a daily chart, it is clear that after the sideways movement is lost, the price of Amp can create more serious trends, and this is observed for the technical indicator relative strength indicator (14) as the signal line can cross above the 50-level. . Since last few days, the coin is moving in a positive direction with the intention of breaking several ups and downs.

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Currently, the market is trading in the channel at $0.0065, but any bearish movement below the daily low of $0.59 could lead to a sharp decline for the coin. However, the support levels of the coin can be found at $0.0050, $0.0045 and $0.0040, while the resistance levels can be found at $0.0085, $0.0090 and $0.010.

Compared to Bitcoin, the support level for this region builds around 25 SAT. When the technical indicator Relative Strength Index (14) moves to cross above the 50-level, the market price may be headed higher.

AMPBTC – Daily Chart

However, if the price of Amp slips below the moving average, it may hit the support level of 20 SAT and below. Moreover, any bullish movement towards the upper border of the channel may allow the market to form a new uptrend, which may reach the resistance level of 40 SAT and above.

Tamadogge Group said the move aims to make investing in TAMA easier and safer. These users can be convinced to move fiat to crypto, so Tamadoge is important to secure this contract with Tranak. One of the strong pillars of projects in the Web 3.0 and crypto sector is having a strong team to make the project a success. TMA’s website lists Thomas Seabrook as Tamadoge’s lead developer and Carl Dawkins as development lead. Other members of the Tamadogge team include Neil Palethorpe and Sifamandla Majoli, who joined as Senior Interaction Designer and Senior Blockchain Developer.

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