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Alchemy Pay Price Prediction: ACH Aims for $0.02 – Adoption or FOMO?

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Alchemy Pay (ACH) has seen a price dip of over 26% in the last 30 days. After fluctuating between $0.017 and $0.018 throughout the first half of August, the token saw a price drop around August 16, sinking first to $0.016, and then it broke the support, turning it into a strong resistance.

Two days later, the token crashed again, just below $0.014. Buyers rushed in to buy the dip, temporarily sending the price back up to $0.0155 before the token dropped again, reaching its bottom at $0.01365 on August 22.

Over the past week, its price has moved sideways, mostly fluctuating between $0.0136 and $0.0140.

The token’s price is $0.01346 when writing, over 7% lower than one week ago.

Its daily volume also dropped to $4.2 million, one of the lowest in the past week. In comparison, on August 22, the book was over $10.5 million.

Chart 1 ACH Aug 28

Interestingly, the token had a strong pump early in 2023, at $0.045 in late February. It saw strong fluctuations, but it also saw substantial recoveries. This continued until May, when it started a drop that continued to this day.

Many are questioning whether a solid recovery to $0.02 might be coming. Notably, the token saw this price in late June of this year. However, an upcoming surge could take it back up.

The predictions are similar for Bitcoin, as many believe the coin will dip again, after which a massive recovery is expected. ACH could do the same.

Chart 2 ACH Aug 28

Does Alchemy Pay Have Reason to Grow?

Alchemy Pay also saw some significant developments lately. In early August, it partnered with Decentralized USD (USDD) to simplify crypto purchases using fiat on-ramp. The USDD token was incorporated into Alchemy Pay’s Ramp platform, allowing users to easily acquire it using their local fiat currencies.

News reports announced BYDFi’s integration of Alxhemy’s on and off-ramp solution two days later to make crypto trading easy.

After all, Alchemy Pay’s Ramp solution is available in 173 countries, supporting payments from Visa, Mastercard, Apple Pay, Google Pay, and several popular mobile wallets.

Finally, Alchemy Pay joined YouSUI to start a new era of fiat-crypto conversions. The new partnership will allow users to conveniently switch between crypto and fiat via various payment options.

Sadly, none of it helped the project’s price as of yet. However, it could contribute to Alchemy’s overall adoption, bringing the token’s price to $0.02 and potentially to $0.2.

Launchpad XYZ Brings 20% Bonus to Presale

Launchpad XYZ (LPX), a new project that offers advanced tools and training that would allow crypto users to become experts in Web3 development, recently boosted its token presale with a 20% bonus available to early buyers and new arrivals alike.

The presale has been a massive success, raising over $1.46 million in the last few weeks, while the token was sold for $0.0445.

This presale stage will end in under two days, so the time window for joining the presale is limited. Anyone seeking to buy the token can do so in exchange for ETH, BNB, USDT, or via credit or debit card.


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