Alchemy Pay’s price took a parabolic turn and pulled back sharply on Thursday as demand for the coin increased. ACH, the fast-growing coin, climbed to a high of $0.015, its highest since October 14th. At its peak, Alchemy was up more than 50% from its low this month.
What is Alchemy Pay and why is it on the rise?
Alchemy Pay is a fast growing small business striving to be the best payment platform in the industry. Its goal is to bridge the gap between fiat and cryptocurrencies. We do that by allowing you to pay for your favorite products using cryptocurrencies.
Alchemy Pay is widely used by the world’s leading companies. Top companies using Alchemy include Shopify, Arcadier, Checkout and Nium.
ACH is the ecosystem’s native token.that is ethereum A coin used to reward transaction fees, network usage, and reduce transaction costs, pledged by business partners during the onboarding process. Additionally, ACH is being used to provide rewards to users.
Alchemy Pay prices have been strong in recent days as investors focus on recent partnerships. This week, Alchemy Pay announced a partnership with Nest Protocol. This partnership will help bridge the gap between cryptocurrencies and traditional fiat currencies. As a result, its on-ramp widget provides mainstream-friendly access to crypto services via card or local mobile wallet.
On the other hand, the price of ACH increased after users were able to purchase APTs from Aptos on the lamp project. Ramp is a platform that allows people to buy and sell cryptocurrencies cheaply.
ACH price forecast
Is ACH good cipher buy? The 2-hour chart shows that the Alchemy Pay price has risen to $0.015. The drop has broken below the critical support of $0.012. This was the highest price on October 17th. It is slightly above the 25 and 50 period moving averages.
Alchemy Pay’s Relative Strength Index (RSI) has broken below overbought levels. Moved to neutral level. Therefore, the coin may continue to fall as sellers target the next critical support level of $0.010. Conversely, our bearish view will be invalidated once the $0.13 resistance is broken out.
How to buy Alchemy Pay
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