AMP Price Surges 10% Ahead of Bithumb Listing Announcement

Highlights:

• AMP price gained momentum after Bithumb listing confirmation on April 4.
• Korean markets respond strongly to new AMP trading support.
• Resistance holds near $0.00445 despite bullish short-term indicators.

Amp (AMP) price rose sharply by up to 10% on April 4, reaching a daily high of $0.004249. This price increase came shortly after news broke that AMP would soon be listed on South Korea’s Bithumb exchange. The announcement triggered a significant boost in 24-hour trading volume, which climbed to $48.76 million, reflecting a 256.06% rise.

The Amp protocol works as an open-source decentralized system which functions as digital asset transfer collateral. Amp serves as an open-source protocol which ensures safe and instant transaction security to enable reliable settlements for Flexa networks. 

A distinctive partition method with specific manager functions forms the basis of this protocol to enable numerous functions throughout digital asset operations. The Amp project initiated operation in 2020 with one core purpose to fix bottlenecks affecting blockchain networks. Value stability among different networks and extended transaction verification times remain as two main inefficiencies within the system. 

The introduction of its Bithumb trading platform positions Amp to establish a stronger footholds worldwide in the cryptocurrency markets.

AMP Price Surges After Bithumb Adds KRW Trading Pair and Ethereum Support

AMP market value increased when Bithumb, the leading South Korean cryptocurrency trading platform, made its announcement on Friday, April 4th. Bithumb planned to introduce the Korean Won (KRW) trading pair for AMP starting at 4:00 PM KST on the same day.

The first listing price of AMP at 5.091 KRW held an equivalent value of $0.0035 US dollars. The launch of deposits and withdrawals at Bithumb begins immediately after the provided listing notice has passed. During the specified time, the exchange limited all supported transactions to run exclusively on the Ethereum blockchain system. 

The news triggered heightened market activity among Korean cryptocurrency markets, where AMP received increasing interest due to its real-world payment applications. The Flexa network supports AMP through its functionality, which lets digital assets function as retail store payment options. 

Flexa uses AMP tokens as security collateral to protect customers at all supported payment platforms. AMP token staking enables users to perform network stability tasks and validate transactions. The addition of this asset to a principal exchange supported by KRW currency has increased positive sentiment toward cryptocurrencies across the South Korean crypto community.

"NETWORK: crypto"

@FlexaHQ #PoweredByAMP $AMP https://t.co/jQEroYb4dm

— Ampera (@ampera_xyz) April 3, 2025

AMP Price Recovers After Brief Dip, Faces Resistance Near $0.0040

The AMP price rebounded from a recent low near $0.00340, marking a modest uptick over the past 24 hours. The price climbed above $0.00350 before facing resistance near $0.00380. The latest AMP price trades at $0.003692, gaining 10% in the last session.

The MACD histogram shows a positive crossover, with the MACD line currently above the signal line. This suggests that short-term bullish interest may be building. The RSI stands at 48, hovering below the neutral 50 mark.

AMP price faces immediate resistance at $0.00380. Above that, the next hurdles lie at $0.00400, $0.00420, and $0.00445. A breakout beyond $0.00445 could encourage further bullish pressure.

On the downside, support remains firm at $0.00350. If bears reclaim control, a break below $0.00350 may trigger a retest of $0.00340. The recent wick rejection near $0.00445 confirms that sellers are still active at higher levels.