Alchemy Pay price prediction 2024-2030: Is ACH crypto a good investment?

Key takeaways

• By December 2024, Alchemy Pay’s price can reach a maximum of $0.042 and an average trading value of $0.0244.
• By the end of 2027, the ACH price can reach a maximum of $0.1004 and an average of $0.0770.
• Alchemy’s price prediction for 2030 projects a maximum price of $0.2436.

Alchemy Pay (ACH) is a cross-functional payment solution that is making significant strides in bridging the gap between fiat and cryptocurrency ecosystems. The platform’s robust framework enables global consumers to connect with merchants, developers, and institutions worldwide, facilitating transactions across multiple fiat currencies and cryptocurrencies. This functionality enhances Alchemy Pay’s adaptability and positions it as a pivotal player in the financial technology sector.

Alchemy Pay’s inclusion in the decentralized platforms of popular projects like Augur, Cryptokitties, and OpenSea, along with its support for the infrastructure of Kyber and Radar Relay, adds layers of credibility and utility, enhancing its investment appeal.

Can Alchemy Pay (ACH) get to $0.1? Will ACH ever reach $1? Let’s find out in this ACH price prediction for 2024-2030.

Overview

Alchemy Pay price prediction: Technical analysis

Alchemy Pay price analysis: ACH bearish at $0.0212

TL;DR Breakdown

• Alchemy Pay price analysis shows a bearish trend today.
• Alchemy Pay price is trading at $0.0212, down by over 3.71% I the last 24 hours.
• Support for ACH is present at the $0.0207 mark.

As of August 25, 2024, Alchemy Pay (ACH) is exhibiting a bearish trend with low daily trading volume and negative market sentiment. Currently trading at $0.0212, it faces a support level at $0.0207. The formation of lower highs and lower lows on the hourly chart highlights strong seller dominance. Despite this downward pressure, ACH continues to maintain a solid market capitalization, suggesting that while its price is under strain, the overall value and investment interest in the currency remain substantial.

Alchemy Pay price analysis 24-hour chart: ACH shows downward movement at $0.0212

The 24-hour chart for Alchemy Pay (ACH) indicates that the price is trading below $0.0197, pointing to a mild bearish trend. Although there was a brief spike above $0.0217 due to bearish pressure, sellers quickly regained control, driving the price down. The decline in buying pressure further underscores a negative outlook for investors, reflecting a challenging market environment for ACH at this time.

The Bollinger Bands for Alchemy Pay (ACH) indicate an upper resistance level at $0.0217 and a lower support level at $0.0171. The widening gap between these bands suggests rising market volatility and instability. This expanding tunnel pattern signals that ACH could face significant price swings, with potential fluctuations between these levels based on shifting market dynamics.

The current Relative Strength Index (RSI) is gradually rising from 54, suggesting that neutral momentum could persist in the near term. The widening Bollinger Bands on the daily chart signal increasing market volatility. Given these conditions, the market is likely to remain range-bound with a downside bias, especially if the price dips below $0.0194. Selling pressure continues to outweigh buying activity, reinforcing the overall bearish market sentiment.

Alchemy Pay 1-hour price chart: ACH decreases at $0.0212

On the 1-hour chart for the ACH/USD pair, bulls have recently gained some momentum, but the price remains capped below $0.0215. The pair is currently forming a descending pattern, and if sellers push the price below the lower trend line at $0.0207, it could trigger further bearish movement. This indicates that the immediate outlook remains challenging, with the potential for additional declines if the support level is breached.

The upper Bollinger Band for Alchemy Pay (ACH) is at $0.0215, acting as a resistance level, while the lower band is positioned at $0.0207, offering strong support. The narrowing gap between these bands, creating a bottleneck effect, suggests reduced market volatility and potential short-term stability. This decreased volatility indicates that ACH could see limited price fluctuations, leading to a more predictable market in the near term.

With the RSI at 49, there are signs of short-term stability. The current buying activity outweighing selling pressure suggests that the market for ACH may be heading toward a phase of instability. This aligns with the overall bearish sentiment and reduced volatility highlighted in recent analyses, indicating a cautious market outlook.

Alchemy Pay technical indicators: Levels and Action

Daily simple moving average (SMA)

Daily exponential moving average (EMA)

What to expect from Alchemy Pay price analysis?

Overall, after Alchemy Pay price analysis, bears have taken control of the market and could continue to push prices lower in the coming days as long as they can maintain support above the key levels. The bearish momentum gained stability in the past 24 hours as the price dropped to $0.0212. Some instability is to follow if the bulls show consistency with their efforts and aim to break through the short-term support level; this could trigger an overall breakout movement and reverse all the negative momentum built up till now.

Is Alchemy Pay a good investment?

Alchemy Pay (ACH) shows mixed signals as an investment. While the current bearish trend and volatility indicate short-term challenges, the solid market capitalization and consistent support levels suggest long-term potential. However, risk-averse investors may prefer to wait for clearer bullish signs or reduced volatility before considering ACH.

Why is ACH down?

ACH is down due to a combination of factors including strong selling pressure, declining buying activity, and a bearish market sentiment. Technical indicators, like lower highs and lower lows on the charts, highlight seller dominance, while reduced buying momentum and increased volatility have contributed to the recent price decline.

Will ACH recover?

ACH may recover if bulls can regain control and maintain support above critical levels. While the current outlook remains bearish, a breakout above short-term resistance levels, coupled with consistent buying activity, could reverse the negative momentum and lead to a potential recovery in the market.

Will ACH reach $0.05?

ACH is expected to trade above the $0.05 range throughout 2026, suggesting potential for significant price appreciation compared to earlier years.

Will ACH reach $0.1?

The price forecasts indicate that ACH could reach a maximum of $0.1186 by 2028. Therefore, it is possible that ACH might reach $0.1 within the next four years, given the projected positive market sentiment and growth trend.

Will ACH reach $0.3?

The predictions for 2030 show a maximum price of $0.2436 for ACH. While this indicates significant growth potential, it suggests that ACH is unlikely to reach $0.3 by 2030 based on current forecasts.

Does ACH have a good long term future?

Alchemy Pay (ACH) shows a generally positive long-term outlook, with projected steady growth in its price over the years. By 2030, ACH is expected to see substantial increases, indicating a good long-term future with moderate to strong growth potential.

Recent news/opinion on Alchemy Pay

• Alchemy Pay has launched a Monthly Invite Contest, offering participants a chance to earn rewards by inviting friends and growing the community.

• Alchemy Pay’s Global Strategic Advisor, David Plouffe, discussed his role and the platform’s global development prospects in a recent interview with CoinDesk.

• Alchemy Pay’s latest update highlights new collaborations with Mastercard, Paysafe, and others, along with major updates to their crypto payment and banking solutions.

Alchemy Pay price prediction August 2024

For August 2024, Alchemy Pay (ACH) is expected to exhibit a range of price movements. The potential low is projected to be $0.039, while the potential average price might settle around $0.036. On the higher end, ACH could reach up to $0.042. These predictions suggest a moderate bullish trend, with possible fluctuations within this range throughout the month.

Alchemy Pay price prediction 2024

For the year 2024, Alchemy Pay (ACH) is anticipated to see varied price levels. The potential low is projected at $0.0214, while the potential average price could be around $0.0222. On the higher end, ACH might reach up to $0.0244. These predictions suggest a generally stable performance with moderate growth potential, indicating that ACH may experience slight fluctuations but overall maintain a steady upward trend throughout the year.

Alchemy Pay price predictions 2025-2030

Alchemy Pay price prediction 2025

According to the Alchemy Pay price forecast, the currency is predicted to trade at a floor price of $0.0307 in 2025. An overall positive sentiment in the crypto market could push ACH to a maximum price of $0.0381 and an average price of $0.0316.

Alchemy Pay price prediction 2026

By 2026, analyst expect ACH to reach a maximum price of $0.0531. The projected average market price for the year is $0.0455. In the event of a bearish wave, the expected floor price is $0.0443.

Alchemy Pay price prediction 2027

In 2027, the price of Alchemy Pay is expected to range from a minimum of $0.0678 to a maximum of $0.0770, with an average trading price forecasted at $0.0701.

Alchemy Pay price prediction 2028

In 2028, Alchemy Pay forecast expects  the minimum price to reach $0.0954, with a maximum expected price of $0.1186. On average, traders can anticipate a trading price around $0.0989 throughout the year.

Alchemy Pay price prediction 2029

In 2029, Alchemy Pay (ACH) is anticipated to achieve a minimum price of $0.1398. The cryptocurrency could potentially reach a maximum value of $0.1690, with an average price expected around $0.1437 during the year.

Alchemy Pay price prediction 2030

By 2030, analyst expect ACH to reach a maximum price of $0.2436. The projected average market price for the year is $0.2068. In the event of a bearish wave, the expected floor price is $0.2011.

Alchemy Pay market price prediction: Analysts’ ACH price forecast

Cryptopolitan’s ACH price prediction

According to Cryptopolitan’s predictions, Alchemy Pay (ACH) is expected to see significant growth from 2024 to 2030. In 2024, ACH could range from $0.0214 to $0.0244, with an average of $0.0222. By 2025, prices may rise to between $0.0307 and $0.0381. In 2026, the range is expected to be $0.0443 to $0.0531. For 2027, predictions are between $0.0678 and $0.0770, and for 2028, between $0.0954 and $0.1186. By 2029, ACH could range from $0.1398 to $0.1690, and by 2030, from $0.2011 to $0.2436, indicating strong long-term growth potential.

Alchemy Pay historic price sentiment

• The Alchemy Pay (ACH) crypto token was launched in September 2020, initially valued at around $0.02. However, it experienced a drop in price by October 2020, trading at approximately $0.01.
• In August 2021, Alchemy Pay and Binance brought positive attention to ACH. This news caused a significant price surge, with ACH skyrocketing from $0.004263 on August 2 to an all-time high of $0.1975 on August 6.
• However, the price soon experienced a decline, settling around $0.08 by mid-August and closing the month at $0.09805. 
• September 2021 witnessed a downward trend for ACH, as it closed the month at $0.06284. October 2021 provided more stability, with the token hovering around $0.06 before a surge.
• November 2021 began positively, briefly surpassing the $0.10 mark, but concerns over the Omicron variant of Covid-19 led to a market slump, causing ACH to close the month at $0.09196.
• In January 2022, ACH maintained relative stability around $0.06, except for a spike on January 10, when it briefly reached $0.09293.
• Yet, concerns over the Russian invasion of Ukraine and the market downturn impacted ACH, which stood at around $0.0485 at the beginning of March.
• Following various fluctuations, including a low of $0.01328 on May 12 and a high of $0.03593 on May 24, ACH’s price dropped to around $0.015 on June 7, 2022.
• A recovery period began in July, with ACH hitting a high of $0.02221 on July 19. However, by August 10, 2022, its value had decreased to approximately $0.01531.
• In June 2023, Alchemy Pay price finally set a clear higher and briefly reached the maximum of $0.0303.
• Between Jan and April 2024, Alchemy Pay was on an upward trend for the year. It registered its highest price at $0.049, for the year.
• Between May and June 2024, Alchemy Pay has been on a downward trend. It registered its lowest trading value at $0.02438 on May 12th.
• In July 2024, Alchemy Pay (ACH) experienced a bearish sentiment, with the price opening at $0.021534 and dropping to a low of $0.014472, reflecting a significant decline of 22.77%. Trading volume was high at 176.70 million, indicating increased market activity amidst this downturn.
• In August 2024, Alchemy Pay (ACH) is expected to exhibit a moderate bullish trend with potential price movements ranging from $0.02049 to $0.02158.