Coin

<ul class="news-points"> 
 <li>AMP bulls retreat after failing to breach the resistance at $0.002565.</li> 
 <li>Indicators point to a potential turnaround if bulls continue to battle for control and support holds.</li> 
 <li>Bearish strength tests the support level at $0.002443 in the last 24 hours.</li> 
</ul> 
The <a href="https://coinedition.com/tag/amp-amp/" rel="noopener noreferrer nofollow">Amp (AMP)</a> market has been taken by a bearish grip in the recent 24 hours, with bears dropping prices from a 24-hour high of $0.002565 to a support level of $0.002443. AMP was trading at $0.002444 at the time of publishing, reflecting a 4,16% drop from its 24-hour high. 
The gloomy mood is driven by a lack of purchase demand and increased selling activity, as investors remain concerned about AMP’s market prospects. As a result, AMP’s market capitalization and 24-hour trading volume fell by 2.73% and 46.13%, respectively, to $103,203,203 and $11,081,777.&nbsp; 
A break below the 24-hour support level of $0.002443 might pave the way for the next support level to monitor, $0.002200. This pattern might lead to more selling pressure and a continuation of AMP’s downturn. Holding above $0.002443, though, would indicate a possible reversal in the downtrend and likely pique the curiosity of investors once again. 
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 <figure class="aligncenter size-full"> 
 <img decoding="async" width="698" height="476" src="https://coinedition.com/wp-content/uploads/2023/08/Amp-1.png" alt="" class="wp-image-328147" srcset="https://coinedition.com/wp-content/uploads/2023/08/Amp-1.png 698w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-300x205.png 300w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-257x175.png 257w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-380x259.png 380w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-575x392.png 575w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-103x70.png 103w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-131x89.png 131w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-210x143.png 210w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-653x445.png 653w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-362x247.png 362w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-352x240.png 352w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-242x165.png 242w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-309x211.png 309w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-271x185.png 271w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-119x81.png 119w, https://coinedition.com/wp-content/uploads/2023/08/Amp-1-110x75.png 110w" sizes="(max-width: 698px) 100vw, 698px"> 
 <figcaption class="wp-element-caption"> AMP/USD 2… 
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 </figure> 
</div> 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/amp-bears-lose-ground-as-technical-indicators-signal-recovery/">AMP Bears Lose Ground as Technical Indicators Signal Recovery</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

AMP Bears Lose Ground as Technical Indicators Signal Recovery

Coin Edition

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