Technical Analysis: AMP Surges, IOTX Lower After Friday's Jump – Market Updates Bitcoin News

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AMP surges, IOTX lower after Friday's price jump

On a day where the majority of the crypto market was trending lower, finding a bull was no mean feat.

AMP/USD, which was trading at a low of $0.03055 on Friday, climbed to an intraday high of $0.03723 earlier today. Despite falling below this level since, prices are still higher than yesterday’s low, as bulls managed to resist the onslaught from Saturday’s bear market.Price strength rose to a high of 49, which was the highest level since January 4, but this ceiling has so far held firm.

IOTX which surged by as much as 15% yesterday, dropped by a similar percentage on Saturday, as traders appear to have secured profits.

 

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