In this Alchemy Pay technical analysis, we will examine the current price action, trading volume, key levels and indicators for ACH-BTC. Alchemy Pay (ACH) is a cryptocurrency that utilizes blockchain technology to facilitate seamless and secure transactions. With its innovative smart contracts, ACH enables fast and efficient payment processing, making it an ideal choice for businesses and individuals alike. By leveraging the power of decentralized computing, Alchemy Pay is revolutionizing the way we conduct financial transactions, providing a more secure and transparent alternative to traditional payment methods.
Alchemy Pay Price Overview:
As of September 22, 2023, Alchemy Pay is trading at approximately 0.0 BTC. Let’s dive into the detailed price action for ACH-BTC:
| Metric | Value |
|---|---|
| Open (O) | 0.0 |
| High (H) | 0.0 |
| Low (L) | 0.0 |
| Close (C) | 0.0 |
| Volume (C) | 7,941,914.00 |
- Open (O): The opening price for today’s trading session was approximately 0.0 BTC.
- High (H): Alchemy Pay reached a daily high of around 0.0 BTC.
- Low (L): The daily low for ACH-BTC was approximately 0.0 BTC.
- Close (C): At the time of analysis, Alchemy Pay is trading near its daily close of 0.0 BTC.
| Metric | Value |
|---|---|
| 1D Change (%) | 3.33% |
| 3D Change (%) | 6.90% |
| 7D Change (%) | 8.77% |
| 30D Change (%) | 19.23% |
| 90D Change (%) | -13.89% |
| YTD Change (%) | 31.91% |
Over the past three days, ACHBTC has risen by approximately 6.90%, showcasing increased market volatility. Throughout the last week, it continued to increase, with a gain of around 8.77%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ACHBTC maintaining an upward trend of approximately 19.23%, despite intermittent fluctuations. Examining the last 90 days, ACHBTC has witnessed substantial decrease of approximately -13.89%, reflecting strong long-term confidence. Year-to-date, ACHBTC has steadily increased by around 31.91%, attracting both institutional and retail investors and highlighting its potential as a long-term investment.
Alchemy Pay Live Chart:
You can access a live price chart for ACH-BTC on various cryptocurrency market websites or trading platforms. These charts provide real-time data, allowing you to track price movements and indicators as they evolve.
Price Volatility and Momentum:
- Volatility score is 0.62454.
- Momentum score is 0.19231.
ACH BTC Technical Analysis
Alchemy Pay Trading Volume:
The trading volume for Alchemy Pay (ACH) over the past 24 hours has been significant, with approximately 7,941,914.00 BTC traded against ACH. Elevated trading volume often indicates increased market activity and can be an essential factor to consider in technical analysis.
Moving Averages:
- 50-day Simple Moving Average (SMA): ACH is currently trading below the 50-day SMA, indicating short-term bearish momentum.
- 200-day Simple Moving Average (SMA): Alchemy Pay is also trading below the 200-day SMA, indicating a negative long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for ACH-BTC is currently in the neutral zone, around 54.18996. This suggests that Alchemy Pay is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Alchemy Pay (ACH-BTC) is currently exhibiting signs of short-term bearish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the BTC monthly resistance level and the BTC support level for potential trading opportunities. Additionally, the neutral RSI and significant trading volume are neutral signals for potential sideways movement.
Disclaimer: The information provided herein, including any technical analysis of cryptocurrencies, is for informational and educational purposes only. It should not be considered as financial advice or a recommendation to buy, sell, or hold any cryptocurrency or make any financial decisions.
Cryptocurrency markets are highly volatile and speculative. Past performance is not indicative of future results, and there are no guarantees of profit or protection against losses. Cryptocurrency investments are subject to significant risks, including but not limited to market fluctuations, regulatory changes, and technological vulnerabilities.
Technical analysis involves the use of historical price and volume data, patterns, and indicators to make predictions about future price movements. It is a subjective and speculative approach to market analysis and should not be the sole basis for making investment decisions.
