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AMP

$AMP Still gearing up for a Wave 3 AMP made a big move up to $0.06 while accumulating between $0.02-$0.03 for close to a month or more. With the pull back of bitcoin it made a well timed retrace to .618 levels before making a move again. Originally, I thought what I had drawn originally for wave 3 was a bit shallow and then realized that during its retrace AMP reentered the price territory of wave 1 & 2. By doing this it invalidates the possibility that this impulse was a part of a larger move underway. To me, this means 1 of 2 potential outcomes. The first being that AMP is gearing up for a large move exceeding original estimates. A move well into $0.30+ could happen, maybe up into $0.50 range should one wish to speculate on the utility of this coin and having a denominator close to the dollar. The moves that we are seeing now could be consider as contractions for a greater move. The second, being AMP is forecasting a larger pullback... I know, not as fun as the first. I do not think it would be a sign of weakness per say for AMP but more so that Bitcoin could bleed out after a bounce (should this be just a bounce). If BTC is not simply undergoing a bounce back after a dump and we see it climb towards ATM - that will strengthen the case for first possibility. I am going to be taking some profit on my position given the ambiguity right now. Day by day my confidence grows in this project and believe it has a bright future ahead. Not financial advice... Just thoughts on what I see. Please post your thoughts and comments below.
GEMINI:AMPUSDLong
by MoonBag
7
Realistic Fibonacci Extension Targets For Crypto: $AMP! 🎯What is Amp? 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. How does Amp work? 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.
GEMINI:AMPUSDLong
by Bullishcharts
10
Started from the BOTTOM, No we are here!!! 10x LOW CAP GEM!!!Someone, Anyone...... please explain to me why this has not exploded ? 250M Market Cap, CHECK! .02 trades in the pennies for newbies CHECK! Gets you away around using VISA/MASTERCARD at the cash register. I am going to Lowe's to try out the Gemini APP? VISA and Mastercard are the biggest miners in the world, they mine transactions for fees and now BTC. I paid PayPal 30.00 bucks to collect rent from a tenant and I have not gotten over it!!!!!!!!!!!
POLONIEX:AMPUSDLong
by StarShip
11
Ascending Triangle Formation Keeping an eye out on volume as we lead into a bullish ascending triangle, if we break our volume resistance we can see significant upside near all time highs before possible retracement. Looking for this pattern to play out over the next couple of days while keeping in mind that AMP is positively correlated with the greater crypto market. If broader markets stay bullish and volume sees an uptick we can assume the pattern will break bullish over the next couple of days.
GEMINI:AMPUSDLong
by ashkonnn