Amp is Up for the 2nd Day in a Row

The Hourly View for Amp

  • At the moment, AMP’s price is up $0 (0.57%) from the hour prior.
  • This move is a reversal from the hour prior, which saw price move down.
  • As for the trend on the hourly timeframe, we see the clearest trend on the 50 hour timeframe.
  • Most noteworthy in the world of moving averages on the hourly chart is that the 20 hour moving average has been crossed, with price now being above it. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Amp’s hourly price chart is shown below.

AMP

The Daily View for Amp

  • Currently, AMP’s price is up $0 (0.16%) from the day prior.
  • This is the 2nd day in a row Amp has seen its price head up.
  • Regarding the trend, note that the strongest trend exists on the 20 day timeframe.
  • The moving averages on the daily timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.
  • Divergence between AMP’s price and its RSI may be manifesting. As such, be on the lookout for trend reversal in AMP’s price.

Below is a daily price chart of Amp.

AMP

Featured Amp Idea From TradingView

Below is a trading comment entitled Bottom is likely in for $btc you may find interesting:

See this weekend Bitstamp chart with yellow boxes and triangles pointing to why. Then look at volume profile on the binance $btc/$usdt chart climbing substantially.Mtgox likely 50% priced in from November and 50% going to take a long time to pay all.$btc likely to be heavy to move for a few years.

Igloobamboo