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

Key takeaways

  • AMP price predictions hint at a maximum price of $0.01 by the end of 2024 while maintaining an average price of $0.0088.
  • In 2027, the price of AMP will range between $0.0129 and $2.28, with an average price of $0.0144.
  • In 2030, AMP will range between $0.0877 and $15.43, with an average price of $0.1066.

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 number of users increases on the network? Let’s get into the Amp technical analysis and predictions.

Overview

CryptocurrencyAmp
TokenAMP
Price $0.00493
Market Cap$207,950,901
Trading Volume$9,063,022
Circulating Supply42,227,702,186 
All-time High$0.1211 June 16, 2021
All-time Low$0.0007946 Nov 18, 2020
24 High$0.005006
24 Low$0.004752

AMP price prediction: Technical analysis

MetricValue
Volatility6.53%
50-Day SMA$0.00705
100-Day SMA$0.00803
SentimentBearish
Fear & Greed74 (Greed)
Green Days12/30 (40%)

AMP price analysis: Coin value advances to $0.00493 following recovery

TL; DR Breakdown

  • AMP price analysis confirms an uptrend.
  • The coin value has spiked up to $0.00493.
  • Support is being provided at $0.00429.

The daily as well as hourly AMP price analysis for June 29, 2024, indicates a highly bullish scenario for the day. The market trends have remained unstable in the past few weeks, as both buyers and sellers are competing for victory. However, in the past 24 hours, the bulls have remained successful in securing the lead. The coin value has recovered up to $0.00493 amidst the growing bullish momentum.

AMP price analysis 1-day chart: Bullish strikes result in a hike past the $0.00493 hurdle

The daily AMP price analysis is suggestive of an increasing price movement for the day. The price movements have been constantly changing since the past week. However, currently, the buying activity is high as compared to the selling activity. In the past 24 hours, the AMP/USD value has spiked up to $0.00493 because of the latest upturn. Side by side, the Moving Average (MA) indicator confirms a rise in its overall value as well. Its value has advanced up to $0.00486 because of the bullish comeback this week.

AMP/USD 1-day price chart. Source: TradingView

The volatility is on the decreasing side, which is a positive signal for the coming days. Moving on, the upper and lower bands of the Bollinger bands indicator have changed their positions. Currently, the upper Bollinger band is situated at $0.00603 high, indicating a high resistance level. Whereas, the lower Bollinger band is present at $0.00429 extreme, hinting at the available support for the cryptocurrency. The Relative Strength Index (RSI) indicator confirms the rising bullish momentum. Its value has reached an index of 37.48 because of the bullish strike during the day.

AMP/USD 4-hour price chart: Bulls bounce back as AMP hits $0.00493 target

The hourly AMP price analysis confirms an increasing trend for the cryptocurrency. The bulls have been ruling the market since the early hours of the day, with a few instances of bearish resistance. However, in the past four hours, the bulls have remained successful in securing a stable comeback. The overall coin value has boosted up to $0.00493 amidst the strong upward swing. Similarly, the moving average indicator confirms the recent upturn in coin value. Its overall value has improved up to $0.00487 in the past few hours.

4 hour 26
AMP/USD 4-hour price chart. Source: TradingView

The volatility has undergone a subtle rise, which is a bearish signal for the coming hours. The rising volatility is an indication of an upcoming bearish slide. Moving on, the upper end of the Bollinger bands indicator dictates its value at $0.00498 high, thus marking the resistance point. Whereas, the lower boundary of the Bollinger bands indicator has switched to $0.00478, signaling the support levels. The RSI graph displays a sharp bullish curve, confirming the latest changes in market events. The indicator’s value has moved up to index 53.76 as a result of the ongoing recovery.

AMP technical indicators: Levels and action

Daily simple moving average

PeriodValue ($)Action
SMA 3 0.006283SELL
SMA 5 0.00619SELL
SMA 10 0.006308SELL
SMA 21 0.006676SELL
SMA 50 0.00705SELL
SMA 100 0.008022SELL
SMA 200 0.005794SELL

Daily exponential moving average

PeriodValueAction
EMA 3 0.006599SELL
EMA 5 0.006753SELL
EMA 10 0.006897SELL
EMA 21 0.007041SELL
EMA 50 0.007323SELL
EMA 100 0.007089SELL
EMA 200 0.00608SELL

What can you expect from the AMP price analysis next?

The daily as well as hourly AMP price analysis indicates signs of a strong bullish trend for the cryptocurrency. Although the price movements remained quite variable in the past week, today the bears remained dominant. In the past 24 hours, the coin value has recovered up to $0.00493 as a result of the ascending bullish pressure. Side by side, the four-hour price analysis presents a similar price prediction for the cryptocurrency. 

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 bring a steady rise in the cryptocurrency’s value. In the latter part of this year (2024), a bullish rally may be expected, potentially pushing the AMP above $0.01.

Recent news/opinions on AMP

  • After rebranding to Ampera, the Ampera Foundation is now 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.
  • To promote cryptocurrency adoption, the Ampera Community X account has launched weekly spending challenges. Participants are urged to utilize SPEDN and make crypto transactions at Flexa merchants.

AMP price prediction June 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 $0.0068 and $0.0081, with an average price of $0.0073.

AMP Price PredictionPotential LowPotential AveragePotential High
AMP Price Prediction June 2024$0.0068$0.0073$0.0081

AMP price prediction 2024

For 2024, traders can expect a maximum price of $0.0102, a minimum price of $0.0086, and an average trading price of about $0.0090.

AMP Price PredictionPotential LowPotential AveragePotential High
AMP Price Prediction 2024$0.0086$0.0090$0.0102

AMP price predictions 2025 to 2030

YearPotential Low ($)Average Price ($)Potential High ($)
20250.01280.01330.0152
20260.01850.01910.0221
20270.02790.02890.0315
20280.04040.04160.0486
20290.005480.05640.0702
20300.07970.08200.945

AMP price forecast for 2025

AMP price prediction for 2025 indicates a bullish trend for Amp, with the maximum price potentially reaching $0.0152. Conversely, the minimum price of the coin might stabilize at $0.0128, with an average trading price of $0.0133.

Amp (AMP) price prediction 2026

In 2026, based on current projections and technical analysis, Amp’s maximum price is anticipated to reach $0.0221. The minimum price could be around $0.0185, with an average trading price of $0.0191.

Amp coin price prediction 2027

According to Amp price prediction for 2027, the maximum price is expected to surge to $0.0315. The minimum price could be around $0.0279, with an average trading price of $0.0289.

Amp price prediction 2028

Amp price prediction for 2028 suggests a maximum price of $0.0486. The minimum price is projected to be $0.0404, with an average trading price of $0.0416.

Amp (AMP) price prediction 2029

For the year 2029, the maximum price of Amp is predicted to reach approximately $0.0702. The minimum price is expected to be $0.0548, with an average trading price of $0.0564.

Amp price forecast 2030

The AMP price forecast for 2030 suggests a maximum token price of $0.0945. The minimum price is projected at $0.0797, with an average trading price of $0.0820.

amp june

AMP market price prediction: Analysts’ Amp price forecast

Firm Name20242025
Wallet Investor$0.0102$0.0592
DigitalCoinPrice$0.0158$0.0184

BitcoinLinux’s AMP price prediction

We expect AMP to achieve a high of $0.0102 in the second half of 2024. In 2025, the coin will range between $0.0128 and $0.0152, with an average of $0.0133. 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.
image 124
AMP Price History; Source: Coinmarketcap
  • 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. At the time of writing (June 14, 2024), AMP is trading at $0.0056.