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Alchemy Pay price prediction 2024-2030: Is ACH crypto a good investment?

9M ago
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Key takeaways

  • By December 2024, Alchemy Pay’s price can reach a maximum of $0.042 and an average trading value of $0.0244.
  • By the end of 2027, the ACH price can reach a maximum of $0.1004 and an average of $0.0770.
  • Alchemy’s price prediction for 2030 projects a maximum price of $0.2436.

Alchemy Pay (ACH) is a cross-functional payment solution that is making significant strides in bridging the gap between fiat and cryptocurrency ecosystems. The platform’s robust framework enables global consumers to connect with merchants, developers, and institutions worldwide, facilitating transactions across multiple fiat currencies and cryptocurrencies. This functionality enhances Alchemy Pay’s adaptability and positions it as a pivotal player in the financial technology sector.

Alchemy Pay’s inclusion in the decentralized platforms of popular projects like Augur, Cryptokitties, and OpenSea, along with its support for the infrastructure of Kyber and Radar Relay, adds layers of credibility and utility, enhancing its investment appeal.

Can Alchemy Pay (ACH) get to $0.1? Will ACH ever reach $1? Let’s find out in this ACH price prediction for 2024-2030.

Overview

CryptocurrencyAlchemy Pay
TokenACH
Price$0.0175
Market Cap$140,346,322
Trading Volume$6,079,419
Circulating Supply7,996,797,278 ACH
All-time High$0.1975 Aug 06, 2021
All-time Low$0.001338 Jul 20, 2021 
24-h High$0.01901
24-h Low$0.01745

Alchemy Pay price prediction: Technical analysis

Price Prediction$0.058967 (227.49%)
Volatility14.05%
50-Day SMA$0.022472
14-Day RSI38.75
SentimentBearish
Fear & Greed Index27 (Fear)
Green Days9/30 (30%)
200-Day SMA$0.027371

Alchemy Pay price analysis: ACH market moves downwards to $0.0175

TL;DR Breakdown

  • Alchemy Pay price analysis shows a bearish trend today.
  • Alchemy Pay price is trading at $0.0175, down by over 7.38% I the last 24 hours.
  • Support for ACH is present at the $0.0172 mark.

As of August 16, 2024, Alchemy Pay (ACH) is showing a bearish trend with a low daily trading volume and a negative market trend. The current trading price is $0.0175, and it has a support level at $0.0172. The formation of lower highs and lower lows on the hourly chart points to strong seller dominance. Despite the downward trend, ACH is maintaining a robust market capitalization. This indicates that while the price is under pressure, the overall value and investment in the currency remain significant.

Alchemy Pay price analysis 24-hour chart: ACH attempts

The 24-hour chart for Alchemy Pay (ACH) shows that the price is trading below $0.0197, suggesting a slight bearish trend. Despite a brief rise above $0.0157 driven by bullish pressure, bears quickly took control, leading to the current decline. The recent drop in buying pressure further reinforces a negative outlook for investors, highlighting a challenging market environment for ACH at this time.

The Bollinger Bands for Alchemy Pay (ACH) show an upper resistance level at $0.0237 and a lower support level at $0.0157. The widening gap between these bands suggests increased market volatility and instability. This expanding tunnel pattern indicates that ACH could experience significant price fluctuations, with potential movements between these levels depending on market dynamics.

ACH/USD 1-day price chart; TradingView

The current Relative Strength Index (RSI) is steadily rising from 37, indicating that neutral momentum may continue in the near future. The widening Bollinger Bands on the daily chart point to increased market volatility. Given the current conditions, the market is expected to remain range-bound with a downside bias, particularly if the price falls below $0.0172. Selling pressure currently exceeds buying activity, contributing to a bearish overall market sentiment.

Alchemy Pay 1-hour price chart: ACH decreases at $0.0175

On the 1-hour chart for the ACH/USD pair, the bulls have recently gained some momentum, but the price remains below $0.0175. The pair is forming a descending pattern, and if sellers manage to break below the lower trend line at $0.0172, it could lead to further bearish movement. This suggests that the immediate outlook is still challenging, with potential for additional declines if the support level is breached.

The upper Bollinger Band for Alchemy Pay (ACH) is at $0.0191, serving as a resistance level, while the lower band is at $0.0172, providing strong support. The widening gap between these bands, resembling an opening tunnel, suggests heightened market volatility and potential short-term instability. This increased volatility implies that ACH could experience significant price fluctuations, making the market more unpredictable in the near term.

ACH/USD 1-hour price chart; TradingView

With the RSI at 36 points, there’s an indication of instability in the short term. The current selling activities exceeding buying activities further suggests that the market for ACH is trending towards instability. This aligns with the overall bearish sentiment and heightened volatility observed in a recent analysis.

Alchemy Pay technical indicators: Levels and Action

Daily simple moving average (SMA)

PeriodValueAction
SMA 3$ 0.018862SELL
SMA 5$ 0.019126SELL
SMA 10$ 0.018744SELL
SMA 21$ 0.020755SELL
SMA 50$ 0.022472SELL
SMA 100$ 0.024976SELL
SMA 200$ 0.027371SELL

Daily exponential moving average (EMA)

PeriodValueAction
EMA 3$ 0.019136SELL
EMA 5$ 0.019134SELL
EMA 10$ 0.01943SELL
EMA 21$ 0.020559SELL
EMA 50$ 0.022454SELL
EMA 100$ 0.024386SELL
EMA 200$ 0.025163SELL

What to expect from Alchemy Pay price analysis?

Overall, after Alchemy Pay price analysis, bears have taken control of the market and could continue to push prices lower in the coming days as long as they can maintain support above the key levels. The bearish momentum gained stability in the past 24 hours as the price dropped to $0.0175. Some instability is to follow if the bulls show consistency with their efforts and aim to break through the short-term support level; this could trigger an overall breakout movement and reverse all the negative momentum built up till now.

Is Alchemy Pay a good investment?

Alchemy Pay (ACH) currently exhibits a bearish trend with a price of $0.0175, down by over 7.38% in the last 24 hours. Technical indicators, including the RSI and Bollinger Bands, suggest increased volatility and instability. The overall sentiment is negative, with selling pressure surpassing buying activity. Investors should approach with caution, considering the current market conditions and technical indicators.

Why is ACH down?

ACH is down primarily due to a bearish market trend and strong seller dominance. Recent price movements show lower highs and lower lows, and there has been a drop in buying pressure. The widening Bollinger Bands and RSI readings indicate increased volatility and instability, contributing to the current downtrend.

Will ACH recover?

The potential for recovery depends on whether bulls can reverse the current bearish momentum. If ACH can maintain support above key levels, such as $0.0172, and buying pressure increases, a recovery could be possible. However, with the current instability and bearish sentiment, any recovery might be gradual and contingent on positive market developments.

Will ACH reach $0.05?

ACH is expected to trade above the $0.05 range throughout 2026, suggesting potential for significant price appreciation compared to earlier years.

Will ACH reach $0.1?

The price forecasts indicate that ACH could reach a maximum of $0.1186 by 2028. Therefore, it is possible that ACH might reach $0.1 within the next four years, given the projected positive market sentiment and growth trend.

Will ACH reach $0.3?

The predictions for 2030 show a maximum price of $0.2436 for ACH. While this indicates significant growth potential, it suggests that ACH is unlikely to reach $0.3 by 2030 based on current forecasts.

Does ACH have a good long term future?

Alchemy Pay (ACH) shows a generally positive long-term outlook, with projected steady growth in its price over the years. By 2030, ACH is expected to see substantial increases, indicating a good long-term future with moderate to strong growth potential.

Recent news/opinion on Alchemy Pay

  • Alchemy Pay has launched a Monthly Invite Contest, offering participants a chance to earn rewards by inviting friends and growing the community.
  • Alchemy Pay’s Global Strategic Advisor, David Plouffe, discussed his role and the platform’s global development prospects in a recent interview with CoinDesk.
  • Alchemy Pay’s latest update highlights new collaborations with Mastercard, Paysafe, and others, along with major updates to their crypto payment and banking solutions.

Alchemy Pay price prediction August 2024

For August 2024, Alchemy Pay (ACH) is expected to exhibit a range of price movements. The potential low is projected to be $0.039, while the potential average price might settle around $0.036. On the higher end, ACH could reach up to $0.042. These predictions suggest a moderate bullish trend, with possible fluctuations within this range throughout the month.

MonthPotential LowPotential AveragePotential High
Alchemy Pay price prediction August 2024$0.039$0.036$0.042

Alchemy Pay price prediction 2024

For the year 2024, Alchemy Pay (ACH) is anticipated to see varied price levels. The potential low is projected at $0.0214, while the potential average price could be around $0.0222. On the higher end, ACH might reach up to $0.0244. These predictions suggest a generally stable performance with moderate growth potential, indicating that ACH may experience slight fluctuations but overall maintain a steady upward trend throughout the year.

YearPotential LowPotential AveragePotential High
Alchemy Pay price prediction 2024$0.0214$0.0222$0.0244

Alchemy Pay price predictions 2025-2030

YearMinimumAverageMaximum
2025$0.0307$0.0316$0.0381
2026$0.0443$0.0455$0.0531
2027$0.0678$0.0701$0.0770
2028$0.0954$0.0989$0.1186
2029$0.1398$0.1437$0.1690
2030$0.2011$0.2068$0.2436

Alchemy Pay price prediction 2025

According to the Alchemy Pay price forecast, the currency is predicted to trade at a floor price of $0.0307 in 2025. An overall positive sentiment in the crypto market could push ACH to a maximum price of $0.0381 and an average price of $0.0316.

Alchemy Pay price prediction 2026

By 2026, analyst expect ACH to reach a maximum price of $0.0531. The projected average market price for the year is $0.0455. In the event of a bearish wave, the expected floor price is $0.0443.

Alchemy Pay price prediction 2027

In 2027, the price of Alchemy Pay is expected to range from a minimum of $0.0678 to a maximum of $0.0770, with an average trading price forecasted at $0.0701.

Alchemy Pay price prediction 2028

In 2028, Alchemy Pay forecast expects  the minimum price to reach $0.0954, with a maximum expected price of $0.1186. On average, traders can anticipate a trading price around $0.0989 throughout the year.

Alchemy Pay price prediction 2029

In 2029, Alchemy Pay (ACH) is anticipated to achieve a minimum price of $0.1398. The cryptocurrency could potentially reach a maximum value of $0.1690, with an average price expected around $0.1437 during the year.

Alchemy Pay price prediction 2030

By 2030, analyst expect ACH to reach a maximum price of $0.2436. The projected average market price for the year is $0.2068. In the event of a bearish wave, the expected floor price is $0.2011.

Alchemy Pay market price prediction: Analysts’ ACH price forecast

Firm20242025
Gate.io$0.0173$0.020
SwapSpace$0.010$0.013
AmbCrypto$0.052$0.1

Cryptopolitan’s ACH price prediction

According to Cryptopolitan’s predictions, Alchemy Pay (ACH) is expected to see significant growth from 2024 to 2030. In 2024, ACH could range from $0.0214 to $0.0244, with an average of $0.0222. By 2025, prices may rise to between $0.0307 and $0.0381. In 2026, the range is expected to be $0.0443 to $0.0531. For 2027, predictions are between $0.0678 and $0.0770, and for 2028, between $0.0954 and $0.1186. By 2029, ACH could range from $0.1398 to $0.1690, and by 2030, from $0.2011 to $0.2436, indicating strong long-term growth potential.

Alchemy Pay historic price sentiment

Source: Coinmarketcap

  • The Alchemy Pay (ACH) crypto token was launched in September 2020, initially valued at around $0.02. However, it experienced a drop in price by October 2020, trading at approximately $0.01.
  • In August 2021, Alchemy Pay and Binance brought positive attention to ACH. This news caused a significant price surge, with ACH skyrocketing from $0.004263 on August 2 to an all-time high of $0.1975 on August 6.
  • However, the price soon experienced a decline, settling around $0.08 by mid-August and closing the month at $0.09805. 
  • September 2021 witnessed a downward trend for ACH, as it closed the month at $0.06284. October 2021 provided more stability, with the token hovering around $0.06 before a surge.
  • November 2021 began positively, briefly surpassing the $0.10 mark, but concerns over the Omicron variant of Covid-19 led to a market slump, causing ACH to close the month at $0.09196.
  • In January 2022, ACH maintained relative stability around $0.06, except for a spike on January 10, when it briefly reached $0.09293.
  • Yet, concerns over the Russian invasion of Ukraine and the market downturn impacted ACH, which stood at around $0.0485 at the beginning of March.
  • Following various fluctuations, including a low of $0.01328 on May 12 and a high of $0.03593 on May 24, ACH’s price dropped to around $0.015 on June 7, 2022.
  • A recovery period began in July, with ACH hitting a high of $0.02221 on July 19. However, by August 10, 2022, its value had decreased to approximately $0.01531.
  • In June 2023, Alchemy Pay price finally set a clear higher and briefly reached the maximum of $0.0303.
  • Between Jan and April 2024, Alchemy Pay was on an upward trend for the year. It registered its highest price at $0.049, for the year.
  • Between May and June 2024, Alchemy Pay has been on a downward trend. It registered its lowest trading value at $0.02438 on May 12th.
  • In July 2024, Alchemy Pay (ACH) experienced a bearish sentiment, with the price opening at $0.021534 and dropping to a low of $0.014472, reflecting a significant decline of 22.77%. Trading volume was high at 176.70 million, indicating increased market activity amidst this downturn.
  • In August 2024, Alchemy Pay (ACH) is expected to exhibit a moderate bullish trend with potential price movements ranging from $0.036 to $0.042.
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