Is It Too Late To Buy ACH? Alchemy Pay Price Soars 17% And This Might Be The Next Crypto To Explode
The Alchemy Pay price soared over 17% in the last 24 hours to trade at $0.03499 as of 10:16 p.m. EST as investors rush to buy the crypto.
With this recent gain by the ACH price, the altcoin’s weekly performance has been pushed deeper into the green zone to more than 72% as well.
Alchemy Pay Price Resting On Support After A Pullback
4-hour chart for ACH/USD (Source: GeckoTerminal)
The Alchemy Pay price is resting on the support level at $0.03245 following a pullback from its recent surge, GeckoTerminal data shows. Should the crypto drop below this technical crutch in the next 8 hours, it could stand the risk of falling to the subsequent mark at $0.02648.
On the other hand, traders identifying the crypto’s current price as a long opportunity could lead to the Alchemy Pay price entering into another leg up. In this potential bullish scenario, the altcoin will likely try to flip the resistance at $0.04103 into support. A 4-hour candle close above this mark might then lead to a climb to the next major barrier at $0.04775.
Technicals Suggest The Alchemy Pay Price Might Drop
From a technical perspective, there are warning signs on ACH’s 4-hour chart that suggest the crypto’s price might drop in the next few hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) on the chart are flashing bearish.
That’s after RSI readings fell to below 70, signaling decreasing buyer strength. With the negative slope of the RSI line, it seems bears are still chipping away at bulls’ control over the Alchemy Pay price.
Meanwhile, ACH’s bullish momentum seems to be cooling down as well, as evidenced by the MACD line collapsing towards the MACD Signal line. If the gap between the two technical indicators continues to narrow, they might cross soon to indicate that the altcoin’s momentum has undergone a bearish reversal.
Should the pressure from sellers prove to be too overwhelming, the Alchemy Pay price might fall below the $0.003245 support level through the course of today’s trading session.
As technicals warn of an ACH price drop, investors might turn their attention to the presale for Best Wallet (BEST) for gains. Crypto Gains, a popular YouTuber with more than 141K subscribers, says BEST could soar 10X after its official launch.
A Crypto Wallet Packed With An Array Of Features
Best Wallet is a crypto custodial solution that offers investors all of the features they need to store, grow and secure their digital assets. In addition to its support for over 60 blockchains and their native cryptos, Best Wallet also offers a decentralized exchange (DEX) that enables investors to swap between tokens with unprecedented ease.
The app also gives investors the ability to stake a variety of cryptos all from within one platform, opening up the potential to create and manage multiple passive crypto income streams. As rewards and gains accumulate, investors can then spend their digital assets using the Best Card, which is supported by Google and Apple Pay.
There is also the “upcoming tokens” feature, which has already successfully flagged Catslap (SLAP) and Pepe Unchained (PEPU) . Both meme coins have gone on to print massive gains for early investors.
The best part of the app is that it is non-custodial. This means that users are the only people who hold their private keys, which substantially reduces the risk that hackers will gain access to their assets.
To unlock even more features and benefits, investors could buy into the project’s BEST token. Holders of the crypto will unlock early access to new projects, reduced transaction fees and higher staking rewards while being able to take part in Best Wallet’s governance as well.
Best Wallet Presale Charges Towards $9 Million
Best Wallet has pulled investors in during its presale stage, and has already managed to raise over $8.4 million. With the bullish predictions by experts like 99Bitcoins and all of the features the project’s app has to offer, it’s easy to see why a buying frenzy has erupted around the crypto.
To get in on the ground stages of Best Wallet, investors can acquire BEST through the simple buy widget embedded on the project’s website. Currently selling for $0.023775, BEST can be bought with either crypto or bank card. Alternatively, investors can also purchase BEST via the app.
After acquiring BEST, investors can then put their tokens to work through the project’s attractive presale staking program. Anyone who buys and stakes BEST now will unlock access to a 211% APY.
Buy BEST here before a scheduled ICO price increase in 45 hours.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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