A Technical Breakout on The Horizon?

Alchemy Pay is a payment solution provider for different users and businesses. Founded in 2018, it seamlessly connects fiat and crypto payments for global customers and institutions. 

It allows both online and offline merchants to receive both kinds of currencies and encourages them to join the blockchain and web3 ecosystem. It operates in more than 70 countries and has collaborated with major players in the industry. 

Its native token ACH is an ERC-20 token. It uses its network of blockchain to facilitate quick and easy transactions between fiat and crypto. 

Alchemy Pay Price Analysis: A Technical Breakout on The Horizon?

Alchemy Pay Trend Analysis

The daily chart of Alchemy Pay crypto demonstrates consolidation of over 2 weeks near the key EMAs. The price is hovering in a short term range near the 50-day and 200-day EMAs.

Furthermore, the ACH crypto persists a long term positive trend. Due to which the key EMAs are acting as a dynamic support for the price. The breakout of the range may add more buying volume and the price may show short term hikes. 

Alchemy Pay Price Prediction 2023

Alchemy Pay Price Analysis: A Technical Breakout on The Horizon?
Source: ACH/USD by TradingView

The price prediction for 2023 showcases a neutral to bearish outlook in the short term. The most optimistic forecast of the analysts hopes for a max upside potential of 16.67%. ACH token’s price could reach a high of $0.025 on the positive side.

Moreover, the average forecast of the analysts expects the price to reach a high of $0.0237 by the end of the year. Whereas, the most pessimistic view of analysts expects the price to drop to $0.01922.

Alchemy Pay Price Prediction 2024

As per our analysts, the most optimistic target that the ACH token may achieve is $0.0462, suggesting an upside potential of 116.03% from the CMP. The average analyst price target to be attained is $0.0386 by the end of 2024. However, the pessimistic view of analysts expects the price to reach $0.0308.

Alchemy Pay Price Prediction 2025

According to the most optimistic analysts’ projections, the ACH price could reach up to $0.0768 in the next three years as its highest value. The price may surpass $0.0614 according to the average forecast of the analysts. The minimum forecasted price by the end of 2025 is $0.0481.

Alchemy Pay Price Prediction 2026 

The price analysis for the year 2026 shows that the ACH cryptocurrency may achieve $0.0965 as the highest price. The bearish view of the analysts expects the price to reach a low of $0.0645 by 2026. 

Alchemy Pay Price Prediction 2027

The most bullish analysts foresee a potential value of $0.122 by the year 2027. A minimum price target that the ACH crypto may achieve by 2027 is $0.0917. 

Alchemy Pay Price Prediction 2028

The price forecast of the ACH crypto shows that it may reach a high of $0.187 by 2028 if the most optimistic condition prevails. By 2028, the analysts’ lowest forecast for the Alchemy Pay price is $0.142.

Disclaimer

The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto or stock comes with a risk of financial loss. 

Source: https://www.thecoinrepublic.com/2023/12/22/alchemy-pay-price-analysis-a-technical-breakout-on-the-horizon/