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Alchemy Pay (ACH) Poised for Bullish Breakout with Solid Fundamentals

Alchemy Pay (ACH) poised for growth as solid fundamentals and increased demand drive bullish momentum.

3 min10 days ago

Highlights:

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Alchemy Pay (ACH) shows bullish signals with a 120% rally and rising trading volume.

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Strong fundamentals include growing global adoption, payment integrations, and new operating licenses.

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ACH token's mainstream use and expanding network contribute to future growth and bullish momentum.

Alchemy Pay (ACH) Poised for Bullish Breakout with Solid Fundamentals

Alchemy Pay is showing signs of a bullish breakout. The token has surged by over 120% in just three days, fueled by growing interest in digital assets. As Bitcoin begins its push for the 2024/2025 bull cycle, ACH looks set for exciting price movements. With a 114% increase in daily trading volume, the momentum seems unstoppable.

 

Positive Momentum in ACH Price

 

 

On January 28, ACH was trading around $0.031, after a 20% retracement in the past 24 hours. Despite this pullback, the price has stayed above the 50-day moving average. This marks the first time since early 2025 that ACH has achieved this. 

 

The Relative Strength Index (RSI) has also reached over 70%, signaling that the token could be heading into overbought territory. This usually suggests a continuation of upward movement. ACH has recently tested the important resistance level of $0.044. 

 

With the altcoin market gaining momentum, a breakout looks likely. Bitcoin dominance is showing signs of a reversal, further contributing to the positive outlook for altcoins. In fact, the total market capitalization of altcoins.

 

Key Reasons to Bet on Alchemy Pay (ACH)

 

Alchemy Pay’s widespread adoption is one of the main reasons to be bullish on ACH. The platform boasts over 3 million users in 173 countries, offering payment methods like Visa, Mastercard, and Apple Pay. 

 

Alchemy Pay has also partnered with major Web3 projects such as OKX and Bitget, strengthening its position in the digital payment space. In 2024, Alchemy Pay secured seven new operating licenses, demonstrating its commitment to long-term growth. 

 

Additionally, the platform's registration with AUSTRAC in Australia further expands its global reach. With solid fundamentals and growing adoption, ACH is well-positioned for future success.

 

 

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