Amp is an Ethereum token that aims to “collateralize payments on the Flexa Network, making them instant and secure.” If a BTC or ETH payment fails due to unconfirmed or long transaction times “the Amp collateral can instead be liquidated to cover losses” while the vendor receives payment in fiat, potentially providing greater assurances to both parties.
The Risk: Reward looks very good for bullish reversal out of the extreme bear channel.
Be disciplined and take profit whenever the Beta to Alpha pump has completed