The AMP token has rallied to its highest level since March 11, reaching $0.0144. This surge has been attributed to a broader shift into older cryptocurrencies that have outperformed in 2021. The utility of AMP in the payment industry, particularly its fast transaction speeds and low costs, has contributed to its price growth. Crypto analysts have expressed bullish sentiments about the coin, with predictions of further gains. The altcoin season index is also climbing, indicating positive sentiment in the market. Whales are accumulating AMP, and the coin has experienced a strong bullish breakout on the daily chart. However, it needs to close above $0.01450 to confirm the bullish trend.
- Content Editor ( crypto.news )
- 2024-12-04
AMP price is rising as top crypto expert sees more upside