Our on-ramp now supports Google Pay to allow users to purchase crypto quickly, easily, and securely using their fiat currency funds.
Read more here??https://t.co/iwQI0hnTjg$ACH #FiatOnRamp pic.twitter.com/qPUzBGiUuy
— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) February 20, 2023
At the same time, the strong performance of cryptocurrencies like Bitcoin and Ethereum has led to inflows into the industry. Companies like COINBASE and BINANCE have recorded billions in inflows this year even as regulatory concerns remain.
Therefore, with the number of crypto holders rising, the consensus is that Alchemy Pay will benefit as these people start or continue paying with them. Also, it will benefit as the volume of its on-ramp services makes a strong comeback.
Alchemy Pay price forecast
ACH chart by TradingView
Turning to the daily chart, we see that the ACH price has been in a strong bullish trend since December. It has defied gravity for weeks. As it rose, it managed to move above several resistance levels, with the most recent being the psychological point at $0.30. It also jumped above the resistance point at $0.2254, the highest point on July 19.
Alchemy Pay has jumped above all moving averages while oscillators like the Relative Strength Index (RSI) have moved to the overbought level. I suspect that the coin will likely pull back and retest the support at $0.2254 as profit-taking sets in. This price is about 44% below the current level. In other words, the risk/reward seems unfavourable.
If this happens, ACH price will likely resume the bullish trend and rise to the key resistance point at $0.50.
How to buy Alchemy Pay
Coinbase is a global cryptocurrency exchange. Its platform is well designed for beginner investors and it offers a wide range of coins, as it has over 100 to choose from.Coinbase has high level security built into the platform, a range of diverse features to use and it offers its users options for storing their crypto, such as being able to store coins on the Coinbase exchange.
Buy ACH with Coinbase today
Swapzone
Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.
Buy ACH with Swapzone today
