{"id":643663,"date":"2025-04-14T10:48:02","date_gmt":"2025-04-14T10:48:02","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=643663"},"modified":"2025-04-14T10:49:38","modified_gmt":"2025-04-14T10:49:38","slug":"is-it-too-late-to-buy-alch-alchemist-ai-price-soars-22-and-this-might-be-the-next-crypto-to-explode","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/sponsored\/is-it-too-late-to-buy-alch-alchemist-ai-price-soars-22-and-this-might-be-the-next-crypto-to-explode","title":{"rendered":"Is It Too Late To Buy ALCH? Alchemist AI Price Soars 22% And This Might Be The Next Crypto To Explode"},"content":{"rendered":"

The Alchemist AI price soared 22% in the last 24 hours to trade at $0.1356 as of 12:20 a.m. EST on trading volume that surged 80% to $110 million.<\/span><\/p>\n

Alchemist AI Price On A Bullish Rally<\/h2>\n

The <\/span>ALCH price<\/span><\/a> action on the daily chart reveals a distinct shift in market sentiment over the past few weeks.<\/span><\/p>\n

After consolidating in a relatively low range near the $0.05 to $0.07 levels earlier in the year, the Alchemist AI price has broken out of a well-defined rising channel, according to <\/span>GeckoTerminal<\/span><\/a> data. Recent bullish momentum has propelled the asset to the $0.1356 mark.<\/span><\/p>\n

This breakout move has come after multiple attempts to sustain above the 0.5 Fibonacci retracement level ($0.1235), which has now flipped from resistance to support, an encouraging signal for bullish continuation.<\/span><\/p>\n

The breakout candle, which pierces through the upper boundary of the rising channel, confirms buyer strength. Moreover, the price of Alchemist AI is now flirting with the 0.382 Fibonacci retracement level at $0.1526, which may act as the next resistance zone.<\/span><\/p>\n

\"Alchemist
ALCH\/USDT Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n

Technical Indicators Suggest Continuation Of ALCH’s Bullish Rally<\/h2>\n

The 50-day Simple Moving Average (SMA) has now turned upward and sits well below the ALCH price at $0.0673, confirming that short-to-midterm momentum has flipped bullish.<\/span><\/p>\n

Meanwhile, the Relative Strength Index (RSI) has pushed into the overbought territory at 70.84. While this level traditionally suggests caution, especially for those entering new positions, it can remain elevated for extended periods in trending markets.<\/span><\/p>\n

The Moving Average Convergence Divergence (MACD) indicator is another key momentum confirmation. The MACD line (blue) has crossed decisively above both the signal line (orange) and the zero line, accompanied by increasing histogram bars, a classic bullish crossover.<\/span><\/p>\n

ALCH appears poised to continue its upward trajectory, with the next key resistance lying at the 0.382 Fibonacci level around $0.1526. If the Alchemist AI price can breach and hold above this level, the door opens for a test of the 0.236 Fibonacci level at $0.1886 in the coming weeks.<\/span><\/p>\n

However, given the overbought RSI and the rapid pace of the recent climb, a short-term pullback to retest the $0.1235 level (0.5 Fibonacci support) is possible. The further bearish trends could push the price of ALCH down to $0.618 support at $0.0954.<\/span><\/p>\n

Meanwhile, investors are rushing to buy a new AI agent crypto called <\/span>MIND of Pepe (MIND)<\/span><\/a>. 99Bitcoins, a popular crypto channel on YouTube with over 725K subscribers, says MIND has the potential to soar 100X after launch. <\/span><\/p>\n