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AMP

Get AMP ed Up 4 a Reversal Rally in this Payments Network Micro“A stupid man's report of what a clever man says can never be accurate, because he unconsciously translates what he hears into something he can understand.” the obvious downside is that the trading volume is very low relative to Market Capitalization. Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases. Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed in order to support value transfer activities. Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.
COINBASE:AMPUSDLong
by noam_chom
AMP Token: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for AMP token (AMPUSD). AMP token is inside an ascending triangle pattern and facing various resistance areas - EMA ribbons, 50 and 200 SMA, Multi-month resistance trend line, and the major Support and Resistance Zone. Beyond that area, the resistance is at the Ichimoku Cloud above. RSI may come back down to the Support Line very soon (bounce possible), MACD is bullish, MFI is at the support line, Stoch RSI is about to reach the overbought region. If AMP can break out of the S/R Zone and Resistance Trend Line, I believe there is a good chance for price to move higher. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
GEMINI:AMPUSD
by MillionaireEconomics
1
Since its inception, the AMP token has continually declined The AMP token has repeatedly been falling since inception, as a result of which the crypto has lost approximately 77.6% of its cost in 9 months. The AMP crypto suggests the Double Top formation in the hourly time frame, and the current price is near the neckline. The daily price graph of AMP token has been trading below the Redzone of Ichimoku indicator, where the Leading Span A is at $0.02899; on the flip side, the leading span B is at $0.03338-mark. The Ichimoku suggests the panic-sellers empower. The Stoch RSI is moving downward after generating the bearish crossover. It seems the K and D lines are ready to dive into the oversold stage over the daily price chart. The technical indicators are suggesting the seller's dominance on the AMP token price. If Token's price breaks down the neckline of double top formation, it may hit the 2022 low before the recovery. Resistance level- $0.030and $0.034 Support level- $0.0270 and $0.021
Short
by TheCoinRepublic
AMP relief bounce to $.057? $AMP seems to have found a short term bottom at .0377. I've entered a position at $.038 looking for a bounce to $.057. It likely won't get there in one quick move though. I'm looking for price to test the $.045 range as resistance and then retest this range at $.038ish as support before seeing the move up to $.057. If that plays out, it would provide some nice trading gains while waiting for the full move up to test the 50% retracement at $.057. R/R 50% upside with risk of .8% putting a stop before that local low. Let's see how it plays out over the coming weeks.
COINBASE:AMPUSDLong
by benjihyam
2
AMP - 3 Trade Ideas...AMP is approaching a level where we can either reject or breakout. If we do reject this level, the -0.27 fibonacci level would be next best place to look for buys. There's 3 ways you can trade this. 1. Breakout trade. Once price breaks the descending trendline, enter with stops below the lows 2. Short rejection trade. If price rejects the descending trendline and structure, enter shorts with stops just above the recent highs and target the -0.27 fibonacci level 3. Long term trade. If price comes back down to the -0.27 fibonacci level, enter with stops below the lows and hold your positions until all time highs. Let us know what you think. Goodluck!
by Altsignals
1
GTCUSDT Daily TA : 01.04.22 : $GTC🟡 Results so far (HH) : +17% 🔥(Watchlist 3 Result) All supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ... Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.Jan.22 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
5