- Alchemy Pay (ACH): An Overview
- ACH: Features And Tokenomics
- ACH Price Prediction: Price History
- ACH Price Prediction: Technical Analysis
- ACH Price Prediction By BlockchainReporter
- ACH Price Prediction 2022
- ACH Price Prediction 2023
- ACH Price Prediction 2024
- ACH Price Prediction 2025
- ACH Price Prediction 2026
- ACH Price Prediction 2027
- ACH Price Prediction 2028
- ACH Price Prediction 2029
- ACH Price Prediction 2030
- ACH Price Prediction: Experts’ Opinions
- Is ACH A Good Investment? When Should You Buy It?
- Conclusion
According to our ACH price prediction, ACH coin is predicted to witness significant volatility till the end of 2022 before igniting a fresh bullish trend.
With the help of the ACH token, Alchemy Pay aims to bridge gaps between the fiat and crypto sphere. ACH coin has been dominant in the crypto market since its inception through its high ROI on investment during a bull run. However, ACH price has been severely impacted by the recent collapse of FTX and its native token FTT, creating a FUD (Fear, Uncertainty, Doubt) situation for investors and forcing them to liquidate holdings. Nevertheless, amid the current market turmoil, several crypto analysts are bullish on ACH coin as it has a robust infrastructure that can provide excellent value to the crypto space. To make a stable profit during the current bearish mud, our ACH price prediction aims to bring its project analysis and expected future prices with an in-depth technical analysis of the current trend to make the best strategic plan for investing in this coin.
Alchemy Pay (ACH): An Overview
Alchemy Pay is a hybrid cryptocurrency payments platform that aims to reduce the gap between the crypto and fiat worlds. It offers both online and offline C2B and B2B crypto and fiat payment channels. In simple words, Alchemy Pay allows investors to utilize their cryptocurrencies to make offline and online purchases. Alchemy Pay is a Singapore-based crypto project aiming to solve some of the problems between fiat currencies and cryptocurrency. ACH launched into the market in June 2020, with CEO Molly Zheng running the show. The platform’s current CEO is Nikil Viswanathan, who aims to make the blockchain more accessible and convenient by bringing the ‘magic of the blockchain world.’
Alchemy Pay has already partnered with numerous brands. ACH already operates in over 70 countries with 300 payment channels, and collaboration with industry leaders such as Binance, Shopify, and Gemini would help to fulfill ACH price prediction. In addition, the native token of the Alchemy Pay platform is ACH, an ERC 20 standard token on the Ethereum blockchain. Let’s know about ACH’s current details to clarify our ACH price prediction better.
Cryptocurrency | Alchemy Pay |
Ticker Symbol | ACH |
Price | $0.009 |
Price Change 24h | -2.06% |
Market cap | $45,953,694 |
Circulating Supply | 5,082,155,932 ACH |
Trading Volume | $4,932,211 |
All time high | $0.1975 |
All time low | $0.001338 |
ROI | +50.30% |
ACH: Features And Tokenomics
Alchemy Pay offers frictionless transfer of funds between crypto and fiat by combining a significant number of top blockchain platforms globally. Alchemy Pay’s offerings are available to commercial enterprises and developers by connecting APIs, payment channels, and other SaaS solutions.
The whitepaper of ACH states, “Alchemy Pay’s ACH token is the supply-capped, smart contractible ERC-20 utility token that sits at the heart of the world’s first hybrid crypto-fiat payment infrastructure, which Alchemy Pay developed to build an essential bridge between the crypto and fiat worlds. Pre-mined at its cap of 10,000,000,000 tokens on 4 September 2019, the ACH token supports a comprehensive crypto-fiat transaction infrastructure, facilitating smooth exchange between major currencies and major exchange-traded crypto assets for businesses, institutions, and individuals.”
The Alchemy Pay platform offers the following capabilities to make the decentralized nature smoother:
- Open and scalable consensus mechanisms capable of seamlessly evolving payment module norms to empower next-generation standards.
- Lightning network technology for hassle-free and real-time transactions.
- Comprehensive support for cryptocurrency payments in different transaction scenarios.
- Fast access to required SDKs, plugins, and APIs for online/offline “buy now” processing, including seamless integration with smartphone POS apps.
- Self-evolving communities and broad ecosystems that widen innovative technologies to companies to join the community and promote the development of the industry’s public chain.
- Robust localization compliance and anti-money laundering events for different countries and regions.
ACH Price Prediction: Price History
Before digging in further, it is essential to know about ACH’s price history to get a rough idea about its previous rollercoaster journey and expected future potential. Since its launch in 2020, the token has experienced a tremendous journey, generating significant return on investment (ROI) for investors. However, it is to be noted that ACH’s price history is not an indicator of our ACH price prediction.
ACH coin went live in the crypto market with a trading value of $0.02 on 10 September 2020. In a short period, it initiated a massive bull run as it touched $0.036 on 15 September. However, it failed to hold its upward momentum further and dramatically dropped as it touched $0.014 on 23 September. ACH decreased further in the next few weeks, reaching $0.006 by the beginning of November. Finally, the bearish trend got triggered in December as it hit a low of $0.002 on 26 December and ended the year on a bearish note.
In 2021, ACH started gaining the attention of the crypto market, and investors invested in this coin heavily with optimistic hope. ACH slowly started rising from January, and it reached $0.006 on 30 January. After that, ACH consolidated near its resistance zone of $0.006 for the next two months without much fluctuation. By the end of March, ACH’s buying pressure increased, pushing the coin to the North as ACH hit $0.014 on 8 April. After that, however, the ACH coin went into silent mode for the next three months as it traded below $0.003. In August 2021, popular crypto exchange Binance announced its partnership with Alchemy Pay to create a payment bridge between cryptocurrency and fiat in the Binance wallet. This would allow users to pay with crypto from their Binance wallet at a range of companies, including Shopify, Aldo, and Ce La Vi. Following this news, ACH price skyrocketed and reached its all-time high of $0.1975 on 6 August.
However, ACH price soon went down again after its huge spike. By the middle of the month, it had settled at somewhere around the $0.08 mark before rising again to close August at $0.09805. In September, ACH dropped further and reached $0.06284. October provided excellent stability for ACH as it hovered around the $0.06 mark before seeing an upswing of activity towards the end of the month to finish at $0.07166. ACH price started well in November as it broke through the $0.10 mark for the first time since August to reach $0.1127. After that, concerns over the Omicron variant of Covid-19 hit the cryptocurrency market hard, and ACH was trapped in the slump, closing the month at $0.09196. ACH accelerated its bearish trend further and closed the year at $0.063.
In January 2022, the price of ACH remained stable near $0.06 by the beginning of January, later igniting a spike on 10 January that saw it briefly reaching a high of $0.09293. However, ACH slumped after that, with the price at the end of the month falling to $0.03934. Amid the wake of China’s ban on crypto, ACH dropped to $0.0343 on 12 April before recovering to $0.04447 the following day. Things then continued to a death spiral, and on 26 April, ACH was worth around $0.0297. Following the recent crypto winter and the bankruptcy filing by FTX, ACH coin is currently at its worst levels.
ACH Price Prediction: Technical Analysis
The project analysis of the ACH coin is overwhelming, and it can soon end the tears and tantrums of the current downtrend with an aim for an incredible high in the future. However, the collapse of FTX has created a black hole in the crypto market, forcing its whale investors to liquidate massive positions and create selling pressure. Hence, our ACH price prediction aims to bring you an in-depth technical analysis using advanced indicators to identify the current market trend and decide your investment option.
According to CoinMarketCap, Alchemy Pay (ACH) currently trades at $0.009. Our ACH technical analysis reveals that this digital asset may soon skyrocket to new highs after a short-term bearish trend. Looking at the daily price chart, ACH’s price struggles to trade above $0.01 as it continuously faces rejection near its immediate resistance level of $0.0098. The EMA-20 trend line has dropped below its previous resistance of $0.012, and ACH is constantly witnessing a downtrend near $0.009. ACH coin has seen a significant liquidation and accumulation in the dip as the FTX’s collapse has brought an extreme fear zone to its long-term investors. Due to this negative sentiment, the Balance of Power (BoP) indicator trades in a negative range at 0.45, which may force Alchemy Pay to test its support level at $0.0082.
However, the RSI-14 indicator trades in a slightly bullish region at the level of 38, which may push ACH to the North if it makes a bullish reversal after testing its support at $0.008. Moreover, the MACD line has merged with the SMA-14 as both trade in a consolidated range without dropping further below the signal line, hinting at the control of buyers. If ACH breaks above its 23.6% Fib retracement of $0.01026, it may ignite a clear uptrend to its Bollinger band’s upper limit of $0.012, above which it may trade near its strong resistance at $0.0145. Conversely, a further drop below $0.008 may trigger a sharp downfall for ACH cryptocurrency as it can drop near its Bollinger band’s lower limit of $0.006. If Alchemy Pay fails to hold its price above $0.0071, it may continue its bearish bloodbath further and trade near $0.004.
ACH Price Prediction By BlockchainReporter
ACH Price Prediction 2022
According to our ACH price prediction for 2022, Alchemy Pay is predicted to attain a maximum value of $0.01 with an average trading price of $0.009. However, our technical analysis reveals that ACH can go as low as $0.008.
ACH Price Prediction 2023
Our ACH price prediction for 2023 expects a maximum trading price of $0.016, with an average trading price of almost $0.012. ACH might retrace downward with a minimum price of $0.01 by the end of 2023.
ACH Price Prediction 2024
Alchemy Pay boasts of developing robust and overwhelming fundamentals. Our ACH price prediction for 2024 predicts that the coin will continue its bullish momentum, and ACH will likely achieve a maximum price level of $0.024. ACH might record a low of $0.019, with an average trading price of $0.02.
ACH Price Prediction 2025
Our ACH price prediction for 2025 anticipates a minimum value of $0.025 and a maximum value of $0.031. In addition, our ACH price forecast for 2025 predicts an average trading price of $0.028.
ACH Price Prediction 2026
ACH may witness an exponential rise in 2026 and bring an excellent return on investment to its long-term holders. Our ACH price prediction for 2026 expects a maximum price of $0.047 with an average trading price of $0.044. ACH may trade at a minimum value of $0.042.
ACH Price Prediction 2027
The crypto market may soon overcome its current negative sentiments as it is building potential for a bullish comeback and is expected to skyrocket in the next few years. Our ACH price prediction for 2027 suggests that Alchemy Pay may reach a maximum trading price of $0.079. Alchemy Pay may trade at an average price of $0.077 with a minimum value of $0.073.
ACH Price Prediction 2028
Our ACH price prediction for 2028 states that Alchemy Pay may touch a maximum price of $0.11 and an average trading price of $0.09. The minimum value for the Alchemy Pay cryptocurrency is predicted to hit $0.08.
ACH Price Prediction 2029
In the upcoming years, ACH may attract powerful partnerships due to its solid fundamentals and can push its price to the North. Our ACH price prediction for 2029 expects a maximum price for this coin to be $0.16 and a minimum price of $0.12. ACH may reach an average value of $0.14.
ACH Price Prediction 2030
Depending upon the future market sentiments, ACH can see a maximum price level of $0.24 with an average trading price of $0.21. However, the ACH is projected to hit a minimum value of $0.19 by the end of 2030.
ACH Price Prediction: Experts’ Opinions
According to Wallet Investor’s ACH price prediction, it is a bad one-year investment option. The price of ACH will fall by 97.30% to reach $0.000561 in August 2023. The negative trend will continue in 2024 at -82.82% ROI and drop to -86.79% in 2025. The average forecast price will rise in 2026 by -83.28% and in 2027 by -82.11%.
DigitalCoinPrice’s ACH price prediction suggests that the price of ACH is expected to surpass the level of $0.0358 in 2025. By the end of the year, Alchemy Pay is expected to reach a minimum value of $0.0344. In addition, the ACH price may register a maximum level of $0.0386. In 2030, ACH is expected to exceed $0.12. By the end of the year, Alchemy Pay is projected to reach a minimum value of $0.12. In addition, the ACH price has the potential to get a maximum level of $0.13.
Is ACH A Good Investment? When Should You Buy It?
According to our ACH price prediction, ACH is the wrong choice if you are looking for a quick profit with a short-term investment plan. However, it can give astronomical profit in the long term as it has overwhelming potential depending upon its team’s efforts. Our ACH price prediction suggests an entry point at $0.008 for a great return on your investment in the long run.
Conclusion
Alchemy Pay is an innovative project that rose from Singapore. There is no doubt that ACH has the potential to spark surges in the future as it has excellent partnerships within the network. The ACH currency has been a messiah for investors during a bearish crypto trend, bringing bullish waves to portfolios since inception. Several governments and regulatory bodies worldwide have approved this coin, and a team of developers is working hard to expand its growth.
According to our ACH price prediction, the coin seems to be on the top of the league and will optimistically end the year with a bullish trend. However, our ACH price prediction advises investors to do their own research and conduct investment advice from experts’ opinions before investing in the volatile crypto market.
READ MORE:
Alchemy Pay Price Prediction (PART I): What is the Future Potential of ACH?