📈 Analysis and forecast for $AMP : further prospects? 🚀
As of May 31, 2025, 14:25 EEST, the rate$AMP on Binance is $0.004480, with a 10.7% increase over the last 24 hours. The trading volume for the day is around $15.18M, and the market capitalization is $377.3M (with a circulating supply of 84.23B AMP). The rise is linked to interest in DeFi and activity on the Flexa Network.
Technically, $AMP in an uptrend. On the 4-hour chart, the price broke $0.004047 and is testing $0.00460. RSI (14) around 66, close to overbought, and MACD confirms bullish momentum. Key resistance is $0.00485, a breakout above may push the price to $0.00520. A drop below $0.00400 will increase pressure to $0.00380.
Forecast: by the end of May, AMP may reach $0.00485–$0.00520 with volume maintained. By July 2025, a rise to $0.00600 is possible if interest in staking increases. By the end of the year, the target is $0.00800+, assuming market growth. Long-term potential for 2026 is $0.015+, if Flexa expands acceptance. Fundamentally, AMP as a collateral token for fast transactions supports growth, but competition is a risk.
Further prospects? Price $0.004480 is close to resistance $0.00460, and the RSI at 66 signals a possible correction. A 10.7% increase over 24 hours is a signal for profit taking at $0.00485–$0.00520. Set a stop-loss at $0.00400. Posts on X reflect optimism, but traders warn about volatility. Keep an eye on volumes and news about Flexa — the market is unstable! #AMP #Binance #CryptoAnalysis
