saw a price surge of more than 30% in the last 24 hours as of press time, with daily trading volume replicating similar success with a 5X surge as per
This breakthrough coincided with a clear LuxAlgo Market Structure Breaks signal that turned bullish, indicating that AMP’s market structure on the daily timeframe has transitioned from bearish to bullish. Moreover, the recent spike in price pushed AMP’s valuation closer to the $1 Billion market cap making it the next target if it continues to hold above the $0.009176 level.
This increase in active addresses correlated strongly with a sharp rise in AMP’s price, suggesting a heightened market interest and possibly speculative activity.The recent spike in active addresses, reaching a peak alongside the price, indicated a robust engagement from traders and investors, potentially driven by new developments or increasing utility within its network.Analysis of the number of active addresses showed 71.