Amp Price Chart (Daily) Amp Price Prediction 2025 The price level of $0.18 looks like a feasible target as it matches the 1.618 Fib level of June 2021 highs and January 2022 lows. If all these things align, Amp price could target another all-time high. The bulls may target the $0.085 level to make a higher high if this happens. The next task for the bulls would be to break out of the downtrend that started in June last year. Although this Amp crypto price prediction 2022 appears to be a nightmare for bulls, it’s still a possibility.įor a bullish scenario, the Bulls must reclaim $0.04 sooner rather than later. If the $0.02 level fails to hold, the price could plummet below $0.01. If Amp makes another lower low this year, then the price is expected to test the $0.02 region. The price increased by 50% from this low but faced rejection from the $0.037 level. On 24 th January 2021, Amp’s crypto price hit the $0.0255 level and bounced up. All this sell pressure is giving a very bearish Amp price prediction for 2022. The price has also broken down below the head & shoulders neckline. The breach of this support has further intensified the downtrend. In a brutal start of the year for crypto, Amp price broke its key support of $0.04 in January 2022. It is around 79% down from its June 2021 all-time high of $0.12. The native asset of Flexa, Amp, is currently trading at $0.026. Nevertheless, the platform’s TVL is 10% down from last week due to ongoing turbulence in the markets. Therefore, if Flexa wishes to become the global leader in payments, its TVL should increase massively. This is because a greater staked value means more Amp is available to be used as collateral. The Total Locked Value (TVL) will play a vital role in our Amp price prediction for coming years. This massive TVL is due to the staked Amp on the platform. In addition, Dapp Radar is showing a locked TVL of $739 million on Flexa. This number is constantly increasing as the team integrates more and more merchants every month. Latest Amp Coin News & RoadmapĪccording to official Amp crypto news, more than 40,000 merchants in US and Canada are accepting payments via Flexa. Amp price is $0.026 at the time of writing. Flexacoin (FXC) holders were asked to convert their Flexacoins for Amp at a 1:1 ratio. However, due to regulatory and technical issues, the team launched Amp coin in 2020. The initial native token of the Flexa payment system was known as Flexacoin. It also included funding from industry giants like Pantera Capital, 1kx, Nima Capital, and Access Ventures. The last round ended in April 2019, raising $14.1 million. The first round closed in 2018, followed by another 2 rounds in 2019. History of Flexa and Ampįlexa team raised the capital for the payment protocol in3 funding rounds. Before moving on to our Amp crypto price prediction for the coming years, let’s look at the project history and its roadmap. The payment protocol intends to enhance the mass adoption of crypto by allowing merchants to accept all cryptocurrencies. Since its inception, Tyler Spalding has been acting as the CEO and the face of Flexa. As the company is located in New York, it is also bound to the state’s strict fintech regulations. In 2018, Trevor Filter, Tyler Spalding, Zachery Kilgore, and Daniel McCabe registered the company Flexa in Ney York. Therefore, assuming a mass adoption of the payment platform in the coming years, our Amp price prediction could be very bullish. So the price of Amp is directly correlated with the transaction volume of Flexa. In this way, Flexa insures the payment by using staked amp tokens. In case of a failed transaction, the Amp crypto held in the smart contract is liquidated to pay the merchant. This makes all the retail payments via Flexa fully secured as the retailers don’t have to worry about failed transactions.Īn equivalent amount of Amp tokens is locked in a smart contract as collateral whenever a user pays a merchant. In addition, it achieves instant confirmations by using Amp tokens as collateral. Flexa aims to allow merchants to accept payments in different cryptocurrencies without any risk of failed transactions. Amp is the native cryptocurrency of the Flexa payment system.
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