Cryptopolitan
2024-12-15 14:23:00

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

Key takeaways AMP price predictions hint at a maximum price of $0.0079 by the end of 2024 while maintaining an average price of $0.0077. In 2027, the price of AMP will range between $0.0221 and $0.0268, with an average price of $0.0229. In 2030, AMP will range between $0.0679 and $0.0820, with an average price of $0.0704. 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 $0.01011 Market Cap $816.51M Trading Volume $185.18M Circulating Supply 80.72B AMP All-time High $0.1211 June 16, 2021 All-time Low $0.0007946 Nov 18, 2020 24 High $0.01155 24 Low $0.009293 AMP price prediction: Technical analysis Metric Value Volatility 22.72% 50-Day SMA $ 0.004337 200-Day SMA $ 0.005098 Sentiment Bullish Fear & Greed 81 (Extreme Greed) Green Days 17/30 (57%) AMP price analysis: AMP value hits $0.01011 amidst revival TL; DR Breakdown AMP price analysis revealed an increasing trend at $0.01011. Cryptocurrency gains up to 8.24% of value during the day. AMP coin prices are targeting the next resistance around $0.0126. On December 15, 2024, AMP price analysis revealed an upward market trend for the cryptocurrency. AMP/USD value has spiked up to a $0.01011 high over the past 24 hours. Side by side, the cryptocurrency gained a massive 8.24% of value during the day. The bulls secured a strong comeback since yesterday, leading to a considerable recovery. AMP price analysis 1-day chart analysis The one-day price chart of AMP coin confirmed an increasing trend for the currency. Cryptocurrency value has hiked up to $0.01011 through the day. The overall market sentiment remains extremely bullish. Considering the earlier downside, the coin value lies below its moving average. The distance between the Bollinger bands determines the market volatility. As this distance is converging, this marks a declining volatility. Moving on, the upper band of the Bollinger Bands indicator has shifted to $0.01265, indicating resistance. Whereas, its lower band has moved to $0.00547, signifying available support. AMP/USD 1-day price chart. Source: TradingView The Relative Strength Index (RSI) indicator is present close to the overbought region. Its value has improved up to 63.20 in the past 24 hours. The buying activities remained dominant over the selling activities today. This rising bullish pressure marks a relatively stable market for the investors. AMP/USD 4-hour price chart analysis The four-hour price analysis of AMP coin confirmed an upward market trend for the currency. AMP/USD value has climbed up to a $0.01011 high over the past few hours. Green candlesticks on the four-hour price chart mark a rising bullish strength. The Bollinger bands are widening, leading to rising volatility levels. This rise in the volatility signals a relatively higher market unpredictability for the coming hours. Moving ahead, the upper Bollinger band is now situated at $0.01019 high, indicating resistance. Conversely, the lower Bollinger band is present at $0.00934 low, securing the support. AMP/USD 4-hour price chart. Source: TradingView The RSI indicator is present within the neutral area for now. Its value has stepped up to index 56.61 in the past four hours. The increasing curve on the RSI graph marks a rising bullish pressure. The buying activities remained high today, leading to a balanced trading environment. AMP technical indicators: Levels and action Daily simple moving average Period Value ($) Action SMA 3 0.006194 BUY SMA 5 0.006266 BUY SMA 10 0.005624 BUY SMA 21 0.005085 BUY SMA 50 0.004337 BUY SMA 100 0.004128 BUY SMA 200 0.005098 BUY Daily exponential moving average Period Value Action EMA 3 0.003847 BUY EMA 5 0.003856 BUY EMA 10 0.00386 BUY EMA 21 0.003879 BUY EMA 50 0.003922 BUY EMA 100 0.004189 BUY EMA 200 0.004602 BUY What can you expect from the AMP price analysis next? AMP price analysis gives out a highly bullish prediction regarding the ongoing market events. Coin value has spiked up to a $0.01011 high over the past 24 hours. Moreover, the cryptocurrency gained a substantial 8.24% of recovery through the day. This creates an encouraging scenario for the investors, as the cryptocurrency is gaining continuously. Technical indicators as well as price charts are favoring the bulls 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 recovery of 8.24% if observed over the last 24 hours. The price is trading at $0.01011 as the coin is under a bullish spell for now, moreover, 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 On 30th November, Ampera retweeted a post of one of its ambassadors who paid through the SPEDN app for a purchase at Dunkin’ Donuts. SPEDN was launched by FlexaHQ for payments at various outlets. Soon, America will run on digital payments! 🏃🔥 https://t.co/5zpUMpA70E — Ampera (@ampera_xyz) November 29, 2024 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 December 2024 Ampera (AMP) price prediction for December anticipates a minimum price of $0.00297 and an average trading price of $0.00533. If the bulls maintain market control, AMP could reach as high as $0.00800. Month Potential Low Potential Average Potential High December $0.00297 $0.00533 $0.00800 AMP price prediction 2024 The AMP price prediction for 2024 shows that traders can expect a maximum price of $0.0079, a minimum price of $0.0070, and an average trading price of about $0.0077. Year Potential Low Potential Average Potential High 2024 $0.0070 $0.0077 $0.0079 AMP price predictions 2025 to 2030 Year Potential Low ($) Average Price ($) Potential High ($) 2025 0.0106 0.0110 0.0129 2026 0.0154 0.0159 0.0180 2027 0.0221 0.0229 0.0268 2028 0.0327 0.0337 0.0388 2029 0.0467 0.0484 0.0563 2030 0.0679 0.0704 0.0820 AMP price prediction for 2025 AMP price prediction for 2025 indicates a bullish trend for Amp, with the maximum price potentially reaching $0.0129. Conversely, the minimum price of the coin might stabilize at $0.0106, with an average trading price of $0.0110. Amp (AMP) price prediction 2026 In 2026, Amp price prediction based on current projections and technical analysis shows that AMP’s maximum price is anticipated to reach $0.0180 . The minimum price could be around $0.0154, with an average trading price of $0.0159. Amp coin price prediction 2027 In 2027, AMP is expected to surge to a maximum price of $0.0268 . The minimum price could be around $0.0221, with an average trading price of $0.0229. Amp price prediction 2028 AMP price prediction for 2028 suggests a maximum price of $0.0388 . The minimum Amp price is projected to be $0.0327, with an average trading price of $0.0337. Amp (AMP) price prediction 2029 For the 2029, the maximum price of AMP is predicted to reach approximately $0.0563 . The minimum price is expected to be $0.0467, with an average price of $0.0484. Amp price forecast 2030 The AMP price forecast for 2030 suggests a maximum token price of $0.0820 . The minimum price is projected at $0.0679, with an average price of $0.0704. AMP price prediction 2024 – 2030 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 $0.0079 in the final month of 2024. In 2025, the coin will range between $0.0106 and $0.0129, with an average of $0.0110. 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 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 touched $0.00800 mark, and is trading near $0.00734 at the start of December.