Buying opportunity from the bottom for currency
$AMP 🚀
Current price: $0.001737 📉
Targets:
🎯 $0.001900
🎯 $0.002320
🎯 $0.002730
Stop loss: $0.001650 ❌
Let's talk a bit about the currency
Currency
$AMP is currently going through a downtrend and has reached strong support areas very close to the last bottom it formed at $0.001676. The price is trying to stabilize in these areas, and if we see an increase in buying volumes, it could be an excellent launch point to recover from the recent drop.
Summary indicators
• RSI (6): 14.17 (very sharp oversold area, indicating that a price explosion upwards is close).
• MACD: negative momentum is still present but has started to show signs of oversold on the daily timeframe.
• Averages: the price is below the price averages, and we are waiting for a breakout of the MA(7) at $0.001870 to confirm a change in direction.
Alert:
The crypto market has significant fluctuations, stick to the stop loss to keep your portfolio safe. Good luck to everyone! ⚖️
#Amp