$AMP reclaims $0.00070 this week or I’m wrong.
Right now it’s $0.000667, down 6.97% in 24h, and the 4h chart just gave up another 4.9%. Ugly tape. 📉
But the selloff has no real volume behind it. Volume is only 0.0x the 20d average, while RSI sits at 44 and the moving averages are chopping instead of trending.
That matters. $BTC weakness is dragging sentiment, but AMP looks more neglected than actively dumped.
At $0.00070, I’d stop sitting on the sidelines and look for acceptance above it. Lose $0.00065 first and this call is dead. Simple. ⚡
#AMP #Crypto
Right now it’s $0.000667, down 6.97% in 24h, and the 4h chart just gave up another 4.9%. Ugly tape. 📉
But the selloff has no real volume behind it. Volume is only 0.0x the 20d average, while RSI sits at 44 and the moving averages are chopping instead of trending.
That matters. $BTC weakness is dragging sentiment, but AMP looks more neglected than actively dumped.
At $0.00070, I’d stop sitting on the sidelines and look for acceptance above it. Lose $0.00065 first and this call is dead. Simple. ⚡
#AMP #Crypto