Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: MrSpasybo on March 31, 2021, 10:33:10 PM

Title: AME/USDT volatility: analysis & prediction
Post by: MrSpasybo on March 31, 2021, 10:33:10 PM
AME's price rise is getting a lot of people interested, I am also an AME token holder, so I pay special attention to it.
AMEPAY refused to be listed on Latoken & Probit (daily trading volume = $333M), AMEPAY wanted to be listed on GateIO with daily trading volume = $535M.
Their ambitions are enormous.

Because there is no chart of AME on TradingView, I temporarily draw up this price chart for easy reference.

(https://i.imgur.com/7l6cbyo.jpg)

It can be seen that the AME price moves in accordance with the Fibonacci indicators: fall to 0.236 - bounce to 0.5 - fall back to 0.382 - bounce to 0.618. Expected price will soon be returned to Fibo 0.5.

In case the impact from the information listed on GateIO is too great, the price can be pushed straight to Fibo 0.786 ~ 0.12 USDT.


What do you think about AME/USDT? I would love to hear from you about my analysis, as well as your own predictions about the AME/USDT in near future.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: robert20 on April 01, 2021, 01:58:45 PM
I think AME ihas shown really unpredictable growth within such a short time. When the project no one though it will grow so much rapidly.From its bounty people made a really good amount of money. It will keep growing because it has already got a really big community.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: gunhell16 on April 01, 2021, 03:56:54 PM
In my own little way of comprehension in accordance with the topic, the movement of AME at Bithumb was actually really volatile and too unpredictable as well. Just like what happened last night it jumped up the price around 0.106$ and now down again at 0.06627$ https://www.bithumb.pro/en-us/spot/trade?q=AME-USDT almost around 0.04$ that has been reduced according to the chart graph. In which is time to buy again, just a thought only.  :-\
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Freemind on April 01, 2021, 05:18:51 PM
The truth is that I do not understand the way of acting of the Amepay team. I do not understand how they can reject (if it really has been the case) that their token enters Probit and Latoken after the numerous disappointments they have given their followers with Binance and the other exchanges where they said they were going to include AME...
Title: Re: AME/USDT volatility: analysis & prediction
Post by: alltalk on April 01, 2021, 06:03:18 PM
It may be caused by the issue of AME to list on Gate. Also, some people who have big numbers of AME trying to manipulate its price on the market by the issue. Actually, it is a classic scheme, we shouldn't be so surprised about this. As AME is a new token, the price will be very volatile and easy to move if there is an issue such as listing on top exchanges and partnership with big platforms.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Octoalts on April 01, 2021, 11:32:44 PM
I am very optimistic that AME will be able to reach the peak price in the future, I saw that yesterday the AME price had reached $ 0.12 even though now it has dropped again. However, this is because Crypto has high fluctuating prices, so AME prices will soon go up again. Buy and invest now to get high returns.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: MrSpasybo on April 02, 2021, 12:37:17 AM
We are indeed quite disappointed when AMEPAY does not list AME on Probit & Latoken. Previously, when voting on Latoken was known, AMEPAY promised that Latoken would be contact after victory. Ultimately, AME will not be listed on Probit & Latoken because according to AMEPAY those are just small exchanges.
Of course GateIO is bigger, but I think AMEPAY doesn't want to share a large amount of AME in the liquidity pool on Latoken & Probit. This is just my opinion.
News of AME listing on GateIO added momentum to the rally and helped AME reach $0.12, but that resistance was overwhelming for AME. AME price has decreased from Fibo 0.786 to Fibo 0.382, perhaps because of huge selling pressure after x2. I think this is the bottom before AME continues to fluctuate in the uptrend.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Freemind on April 02, 2021, 11:25:40 AM
@MrSpasybo that's the biggest problem and the thing that has angered investors the most. The promises. The exact same thing happened with Binance, with Huobi, with Okex... That is why I said in my previous posts that the Amepay team's way of acting seems very strange to me. They have had the opportunity to list AME in various exchanges and according to them "they have not wanted" because these exchanges are small according to what they say. If now they don't want to list AME in those "little" exchanges, why did they make their users vote. It does not make any sense.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: iloveyobit on April 02, 2021, 10:51:02 PM
price gets accumulated after the dump so i believe this is a good sign for the price  and we can clearly see that the price is breaking the resistance going back to the top so we gonna see 0.15 hits sooner in the near future i guess,that my opinion according to my experience with such charts ..
Title: Re: AME/USDT volatility: analysis & prediction
Post by: MrSpasybo on April 02, 2021, 11:43:55 PM
Things weren't going as we expected. AME price has fallen to 6.4 cents as it was before news of GateIO listing. I think the recent volatility was just an unusual pump from the AME whale with a 5-fold increase in trading volume from $600K to $3M.
AMEPAY promised that they will have good news for community, we should look forward to and follow AME price movement
Title: Re: AME/USDT volatility: analysis & prediction
Post by: H2O on April 03, 2021, 02:35:41 AM
AMEPAY team already announcement several days ago , AMEPAY will be listed on Binance but they don't keep their promise. I already invested  500 dollars worth of AMEPAY with rate of $0.15 but price already decreased more than twice time .
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Casual on April 03, 2021, 03:36:54 AM
The AMEPAY team has already made an announcement that it may be listed on the Binance Exchange soon. If anyone has gotten hold of me I can certainly benefit a lot when it comes to listing on the Binance Exchange. In the current situation but exceeded $0.15. Whenever there is a listing on the Binance Exchange, there is a possibility of making one dollar.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Freemind on April 03, 2021, 10:07:19 AM
@Casual that was said weeks ago by a moderator of the Amepay Telegram group, not the team. Anyway, I don't think AME will enter Binance anytime soon, as the contracts that are signed with Binance are made under NDA clauses, and that has not been respected. But it seems like they are getting into other exchanges, which is always good for daily volume.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: ice18 on April 03, 2021, 10:28:43 AM
AMEPAY team already announcement several days ago , AMEPAY will be listed on Binance but they don't keep their promise. I already invested  500 dollars worth of AMEPAY with rate of $0.15 but price already decreased more than twice time .
Thats a false promises from AMEPAY honestly Im a bit disappointed with this project they keep on telling on tg group last February that AME will be listed in top 3 exchange but until now its not happening they also keep refusing to pay bounty hunters payments I have a very huge trust on this team at the start but now what I can see is total disappointment. Price dump from 0.1 to 0.06 is a huge drop it means many are waiting to sell or they keep shaking the weak hands before mooning again.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: sergeybobrov on April 03, 2021, 07:42:51 PM
@Casual that was said weeks ago by a moderator of the Amepay Telegram group, not the team. Anyway, I don't think AME will enter Binance anytime soon, as the contracts that are signed with Binance are made under NDA clauses, and that has not been respected. But it seems like they are getting into other exchanges, which is always good for daily volume.

The moderator is apparently not very literate and does not understand that it is impossible to talk about agreements with the exchanges before the official listing, otherwise the listing may not take place.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: dragononcrypto on April 03, 2021, 11:03:24 PM
The price chart was looking really good after finding support from the 0.236 retracement, but then it got rejected by the 0.618 fib, the anticipated retracement level  :(

(https://i.imgur.com/qu1Kj0G.png)

It looks like price will need to hold the $0.04 level again, otherwise I'd imagine price will retrace back down to 1 cent again  :-\

I also have no idea how this looks against BTC or ETH, but I imagine not as good.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: MrSpasybo on April 04, 2021, 01:50:38 AM
Amazing, AMEUSDT chart on TradingView? Please give us link to follow! I tried finding but did not find out it.
To my surprise, AME's rally was beaten so quickly, rise from 6 cents to 12 cents in just 1 day and back to 5.5 cents.
As you said, AME price is in danger of falling to Fibo 0.236 ~ 4 cents.
However I expect this to be a good enough support for AME price to reverse and then rise to the new ATH ~ 18.5 cents.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: dragononcrypto on April 04, 2021, 02:07:23 AM
Amazing, AMEUSDT chart on TradingView? Please give us link to follow! I tried finding but did not find out it.

Not tradingview no, but the Bithump integrated version of it  ;)
https://www.bithumb.pro/en-us/spot/trade?q=AME-USDT

To my surprise, AME's rally was beaten so quickly, rise from 6 cents to 12 cents in just 1 day and back to 5.5 cents.
As you said, AME price is in danger of falling to Fibo 0.236 ~ 4 cents.
However I expect this to be a good enough support for AME price to reverse and then rise to the new ATH ~ 18.5 cents.

I feel like 4 cents is inevitable, the question to me is whether it holds it or not. As someone who doesn't trade ALTS/USD, any sign of weakness against fiat to me suggests it's already broken down against BTC/ETH. At least based on basic CMC chart, it's broken below it's opening price now which is the last thing you want to see in my opinion.

I guess I'm just not as optimistic as you are, but here's a grain of hopium for you:

(https://i.imgur.com/moiq5yB.png)

Best hope would be forming a symmetrical triangle, though far from confirmed. I also never draw from the wicks, as I quite simply don't believe in it, if it's drawn from the candle bodies, it's already breaking down. Hence very subjective. Conflicting indicators too, CMF rising, MACD bear crossing  :-\

The random orange dash represents the average price of trading since it started (88 days worth) so staying above this better than below I guess. At least it lines up with the 4 cent level, but forming a descending triangle structure doesn't signal hope to me either to be honest (lower highs, horizontal support).

Good news: Amepay got listed on Gate.io the other day. Bad news: This is the reason for the pump 3 days ago, due to low liquidity no doubt, so it's not reflective of buying pressure at all. It's good that Gate has taken most of the volume now, it's just a shame the volume is so insignificant.

I never trust anything coin with such low volume personally, I'm always the pessimist though  :P
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Damrai5$ on April 04, 2021, 03:27:56 AM
The price of this token has increased so much since the announcement was made to AMEPAY Telegram Group. Although there is mention of Binance Exchange, it is not listed in Binance Exchange, but there will be a list of major exchanges in the future. The future of this token is very good, it would be better to hold it at this time.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: MrSpasybo on April 04, 2021, 11:45:44 AM
Not tradingview no, but the Bithump integrated version of it  ;)
https://www.bithumb.pro/en-us/spot/trade?q=AME-USDT

I feel like 4 cents is inevitable, the question to me is whether it holds it or not. As someone who doesn't trade ALTS/USD, any sign of weakness against fiat to me suggests it's already broken down against BTC/ETH. At least based on basic CMC chart, it's broken below it's opening price now which is the last thing you want to see in my opinion.

Best hope would be forming a symmetrical triangle, though far from confirmed. I also never draw from the wicks, as I quite simply don't believe in it, if it's drawn from the candle bodies, it's already breaking down. Hence very subjective. Conflicting indicators too, CMF rising, MACD bear crossing  :-\

The random orange dash represents the average price of trading since it started (88 days worth) so staying above this better than below I guess. At least it lines up with the 4 cent level, but forming a descending triangle structure doesn't signal hope to me either to be honest (lower highs, horizontal support).

Good news: Amepay got listed on Gate.io the other day. Bad news: This is the reason for the pump 3 days ago, due to low liquidity no doubt, so it's not reflective of buying pressure at all. It's good that Gate has taken most of the volume now, it's just a shame the volume is so insignificant.

I never trust anything coin with such low volume personally, I'm always the pessimist though  :P
AME is still a new token and it takes time to reach a large trading volume. We now have to accept large price swings, dominated by positive/negative news.
Unfortunately, AMEPAY team is making things complicated. They are professional in technology but less professional in communication & community management. The delayed Bounty rewards distribution has also created dissatisfaction.
I still expect a rally in AME price when touch Fibo 0.236 ~ 4 cent. MACD shows that AME price is really hard to guess ^^
Thank you for the chart on Bithumb, it helped me a lot in following AME price.
Hope TradingView will soon have chart for AME. This will make it easier for community to access AME.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Lanirex on April 04, 2021, 06:57:21 PM
A few days ago the price of AME had risen to the price of $0.12 and this was used by many AME holders to sell their coins. They were tired of waiting for the AME price to rise high. Even today I see that the AME price has dropped considerably to $0.06.  It's really boring to see the AME price change, go up for a while then drop again for a long time. I actually hope that AME can become a coin that provides high returns, but if you see the price changes in the past few months I am hesitant to hold AME.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Rafiq on April 05, 2021, 05:21:45 AM
The price of this token has increased so much since the announcement was made to AMEPAY Telegram Group. Although there is mention of Binance Exchange, it is not listed in Binance Exchange, but there will be a list of major exchanges in the future. The future of this token is very good, it would be better to hold it at this time.
I agree with you. I am very optimistic about AMEPAY, it is a potential token. Although it is not listed on Binance, I believe it will be listed on major exchanges in the future. Even today, the price of AME has risen 26% and is above 7 cents; Hopefully it will reach $0.5 soon.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: MrSpasybo on April 05, 2021, 07:40:50 PM
It can be seen that the evaluation of the support line of President DragonOnCrypto is quite accurate, AME price bounced as soon as it touched the ~ 5 cents trend line.
This ensures that AME prices are still in a long-term uptrend instead of collapsing to 2 cents.

(https://i.imgur.com/kX3f4HF.png)

AMEPAY team announced that they are preparing to release very good news to community. We should continue to monitor the project's self-development. The uptrend of the Altcoin season is still going extremely strong, I believe AME will not stand out from this trend.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Tamsialu$$ on April 06, 2021, 06:42:06 AM
The future of AMEPAY tokens is very good. But the price was very low when this token was first distributed. The price of this token has pumped up so much since then that the Telegram Group has been told to give a binance announcement. I believe that if there is no list in the exchange, there is a possibility of a good type of exchanger list. Then maybe the price of this token will be $0.5.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Seerge on April 06, 2021, 07:57:34 PM
I hope so too, because I also have this token in my exchange wallet. Actually I also believe AME is a good coin, that's why I invested in this coin. But unfortunately I bought this AME, the price is still above the current price, so I really hope the AME price can go up even higher, so that my asset value will return.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: mahid on April 07, 2021, 06:46:09 PM
This token was not noticed by anyone at first but later everyone regretted it and I am one of them especially those who are sold their token early .The way it has declined since the bounty payment was made, it seemed that it could no longer turn around. But later it retained a reliable position.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Magepai on April 08, 2021, 03:54:21 AM
This is why the future of AMEPAY token is very good but the price of this token has increased so much. There is a possibility of listing a large exchange in the future, so the price of this token has been seen - increased further. When AMEPAY is listed on a large exchange, the price will increase several times.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Freemind on April 08, 2021, 10:26:45 AM
@Magepai unfortunately, we don't know when AME will enter a big exchange. The price of a coin/token does not always skyrocket when entering a large exchange, sometimes the opposite happens depending on the future plans of the #DevelopmentTeam , for that you still have to wait a bit, because at the moment AME is not very clear about their plans, or at least they are not clear about their roadmap.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Zed0X on April 08, 2021, 11:06:21 AM
Last time I check any Amepay announcement, it was the application for the Binance listing. I don't remember them saying they will be listed. I knew then that the announcement will disappoint a lot of speculators sooner or later.

Can we also point out one of the main reason why it pumped? I bet it was because people wanted a share of the 150% APR and bought 100K AME which is the required amount to be eligible. After the big stakers got their rewards, what do you think they will do? Dump it of course.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Freemind on April 08, 2021, 11:40:39 AM
Correct @Zed0X, the false promises (or a deep ignorance of the ecosystem) made by the moderators of the Telegram group were the cause of the AME dump. It seems that those moderators don't know what the NDA clauses that are always present in Binance contracts mean. That was the main cause of the AME dump a few weeks ago. Investors who have received their stakes are now also selling.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: MrSpasybo on April 08, 2021, 01:19:46 PM
Staking rewards are usually only 3-14% per year, but AMEPAy applies 300% then 150% ^^ Too high APY is also a problem that I used to concern, because it can cause the price of AME to drop deeply. However, AMEPAY team believes that the demand for AME of the market will be very large and currently only 250M AME exists in market, remaining number of AMEs will be locked. I also think that VIP staking with high APY will only be maintained for a short time.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: KryptoBull on April 08, 2021, 08:09:40 PM
I believe that AME prices will continue to increase in the coming time and follow the price increase channel. The price drop this time can come from the disappointment of being listed on Binance & Houbi, however Gateio is also a major market exchange. When AMEPAY's products are well received, the AME price will definitely grow well and achieve new ATH.

Title: Re: AME/USDT volatility: analysis & prediction
Post by: Zed0X on April 09, 2021, 08:19:53 AM
Correct @Zed0X, the false promises (or a deep ignorance of the ecosystem) made by the moderators of the Telegram group were the cause of the AME dump.
Aaaahhh the TG moderators. It's understandable that they would shill AME in every way but they also talk as if they know how the open market works ;D I couldn't handle moderators who would speculate on the price. Whales would sometimes see that as a sell signal ;)

Title: Re: AME/USDT volatility: analysis & prediction
Post by: Freemind on April 09, 2021, 10:18:41 AM
Correct @Zed0X, the false promises (or a deep ignorance of the ecosystem) made by the moderators of the Telegram group were the cause of the AME dump.
Aaaahhh the TG moderators. It's understandable that they would shill AME in every way but they also talk as if they know how the open market works ;D I couldn't handle moderators who would speculate on the price. Whales would sometimes see that as a sell signal ;)

No @Zed0X, after watching for several months how these moderators work on Telegram, I can assure you that they do not have a great knowledge of how the markets work. They just ask the community to ask on an exchange's Twitter account and make promises they can't keep. Now I don't know what they will do.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: dragononcrypto on April 10, 2021, 02:36:11 PM
Correct @Zed0X, the false promises (or a deep ignorance of the ecosystem) made by the moderators of the Telegram group were the cause of the AME dump.
Aaaahhh the TG moderators. It's understandable that they would shill AME in every way but they also talk as if they know how the open market works ;D I couldn't handle moderators who would speculate on the price. Whales would sometimes see that as a sell signal ;)

No @Zed0X, after watching for several months how these moderators work on Telegram, I can assure you that they do not have a great knowledge of how the markets work. They just ask the community to ask on an exchange's Twitter account and make promises they can't keep. Now I don't know what they will do.

All very interesting information, thanks for sharing  📝

I didn't know about the 150% APY, but makes sense if the limit required is high, then whales will happily push the price up for it. Until the correction comes...
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Freemind on April 10, 2021, 05:03:41 PM
Yes @dragononcrypto, until the correction comes and also until inflation starts to do its job. In those moments of loss of value, the dump of the whales I think is almost insured. The annual percentage of return is too high, it should have been lower from the beginning or reduced annually to avoid big dumps, they will know what they are doing...
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Triedboy on April 18, 2021, 03:57:44 PM
I had 20k AMEPAY tokens but I sold them at a very low price.  In fact no advance idea about the cryptocurrency market can be found accurately. Then the price dumped a lot but soon after the announcement was made to the group that a large exchange would be listed then the price of the token was absolutely pumped. But now I can see the price has come down again. Maybe the AMEPAY price went up because of such an announcement.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Cadaver20 on April 18, 2021, 04:51:41 PM
I am also an AME token holder.  The ico price of the AME token was $0.02. There are very few tokens that are pumped after distribution to Bounty Hunters and cost much more than the ico price. So I thought the price of the AME token would not be higher than the ico price. That's why I first sold tokens at a much lower price. Yet the price at which AME tokens are being sold is 3x the ico price. The 2nd Bounty is scheduled to be distributed by 23 April. I think if the 2nd bounty is distributed then its price will be dumped again.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Freemind on April 18, 2021, 04:55:10 PM
@Triedboy that's exactly what happened, they said that AME was going to enter Binance or huobi and people started buying thinking of later selling much more expensive in one of those two exchanges, but AME never entered and people sold, that's why the dump happened. They have not known how to do things correctly and the consequences are suffered by investors.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: gunhell16 on April 20, 2021, 03:43:23 PM
There's something that I noticed about AME, where when Bitcoin spike its price value in the market, AME was one of the altcoins that kicked its price as well. Just like what happened now, bitcoin dropped its price while AME also dropped too. I'm not exactly so sure if this is coming by a chance only.  In short, once bitcoin back in the ball game AME will do the same for sure.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Carbitcoin on April 20, 2021, 05:19:55 PM
There's something that I noticed about AME, where when Bitcoin spike its price value in the market, AME was one of the altcoins that kicked its price as well. Just like what happened now, bitcoin dropped its price while AME also dropped too. I'm not exactly so sure if this is coming by a chance only.  In short, once bitcoin back in the ball game AME will do the same for sure.
You may also have not noticed the fact that almost all cryptocurrencies follow the movement of bitcoin. when Bitcoin goes up, the most promising cryptocurrencies also rise up and, accordingly, fall down following Bitcoin too.
Title: Re: AME/USDT volatility: analysis & prediction
Post by: Freemind on April 20, 2021, 05:30:01 PM
Remember that AME offers 150% when you stake your tokens, that seems crazy to me. It is not uncommon for some whales to sell their stakes and regardless of the price of Bitcoin, the price of AME falls rapidly. I do not understand how they have put such a high percentage, inflation will be enormous.