In this Alchemy Pay technical analysis, we will examine the current price action, trading volume, key levels and indicators for ACH-USDT. Here are three sentences about Alchemy Pay (ACH) cryptocurrency: Alchemy Pay is a decentralized payment platform that utilizes blockchain technology to facilitate fast and secure transactions. ACH enables users to make payments directly from their bank accounts, without the need for intermediaries or additional fees. By leveraging smart contracts and decentralized identity verification, Alchemy Pay provides a trustless and transparent payment experience for both individuals and businesses.
Alchemy Pay Price Overview:
As of October 02, 2023, Alchemy Pay is trading at approximately 0.01479 USDT. Let’s dive into the detailed price action for ACH-USDT:
| Metric | Value |
|---|---|
| Open (O) | 0.01605 |
| High (H) | 0.01612 |
| Low (L) | 0.01475 |
| Close (C) | 0.01479 |
| Volume (C) | 191,023,126.00 |
- Open (O): The opening price for today’s trading session was approximately 0.01605 USDT.
- High (H): Alchemy Pay reached a daily high of around 0.01612 USDT.
- Low (L): The daily low for ACH-USDT was approximately 0.01475 USDT.
- Close (C): At the time of analysis, Alchemy Pay is trading near its daily close of 0.01479 USDT.
| Metric | Value |
|---|---|
| 1D Change (%) | -7.79% |
| 3D Change (%) | -2.38% |
| 7D Change (%) | -4.15% |
| 30D Change (%) | 14.39% |
| 90D Change (%) | -26.93% |
| YTD Change (%) | 89.62% |
Over the past three days, ACHUSDT has declined by approximately -2.38%, showcasing increased market volatility. Throughout the last week, it continued to drop, with a loss of around -4.15%, indicating investor interest. The 30-day analysis reveals a more comprehensive perspective, with ACHUSDT maintaining an upward trend of approximately 14.39%, despite intermittent fluctuations. Examining the last 90 days, ACHUSDT has witnessed substantial decline of approximately -26.93%, reflecting strong long-term confidence. Year-to-date, ACHUSDT has steadily appreciated by around 89.62%, 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-USDT 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 0.63557.
- Momentum score is 0.14385.
ACH USDT Technical Analysis
Alchemy Pay Trading Volume:
The trading volume for Alchemy Pay (ACH) over the past 24 hours has been significant, with approximately 191,023,126.00 USDT 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 above the 50-day SMA, indicating short-term bullish momentum.
- 200-day Simple Moving Average (SMA): Alchemy Pay is also trading above the 200-day SMA, indicating a positive long-term outlook.
Relative Strength Index (RSI):
- The RSI30 for ACH-USDT is currently in the neutral zone, around 47.18106. This suggests that Alchemy Pay is in range-bound territory.
Analysis from TradingView:
Our Key Takeaways:
Alchemy Pay (ACH-USDT) is currently exhibiting signs of short-term bullish momentum, with key support and resistance levels in focus. Traders and investors should closely monitor the USDT monthly resistance level and the USDT 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.
