Technical Analysis: $AMP
/USDT is gaining strength with a strong rally... Again on the rise..
The pair $AMP /USDT is rapidly growing, increasing by +18.82% over the last 24 hours, trading at a price of $0.011741. The breakout of AMP from consolidation around the daily low of $0.009653 reflects a renewed bullish momentum, with significant volume fueling the rally — 5.15 billion AMP traded in 24 hours. This sharp upward movement, supported by a clear bullish candle, indicates strong buying interest, positioning AMP as an outstanding performer in today’s market.
Currently testing the resistance level around $0.012226, AMP has the potential for further growth if it breaks through this critical zone. However, traders should monitor the support around $0.011309, as failure to hold this level may trigger a minor correction. With increasing momentum and volume, the bullish trend of AMP appears strong, making it a key token to watch for further profits.