Alchemy Pay [ACH] might find new supportSo here is my analysis on ACH coin listed on Huobi Exchange.
It has already hit the resistance two times and now i think it might get rejected at support and might find new support at support 1 or 2. My personal opinion is Support 2 looks more strong but lets see.
ACH
ACH Alchemy Pay investorsEarly investors in Alchemy Pay: Yahoo co-founder and former CEO Jerry Yang, Pantera Capital, Coinbase, SignalFire, Samsung, Stanford University, Google chairman and Stanford University President John L. Hennessy, Charles Schwab, LinkedIn co-founder Reid Hoffman, DFJ Growth, K5 Global, the Chainsmokers, actor Jared Leto and the Glazer family (owners of the Tampa Bay Buccaneers and Manchester United).
The latest financing brings its total raised to $95.5 million since it launched in 2017.
Alchemy has more than $300 million of investor demand wanting.
The current mk cap is 300Mil, so i expect e 10x from now based on investments and adoption.
My price target is between $1 to $2 short term.
It perfectly touched the Fibonacci retracement 0.618 and now it`s loading for the next target, 0.30usd.
Pantera Capital’s Paul Veradittakit about Alchemy: “While in Web 2.0, Microsoft, Apple and AWS are three of the most valuable companies in the world because they are the developer platform powering the computer and internet industries, Alchemy is primed to do the same for the blockchain”
Alchemy is the technology behind every major NFT platform, including MakersPlace, OpenSea, Nifty Gateway, SuperRare and CryptoPunks.
Joe Lau (CTO) of Alchemy: “Every time you interact with an NFT, you’re using Alchemy. It’s being powered by Alchemy underneath the hood.”
Enjoy!
ACH moving to 17c...what a rideTalk about a wild swing! Looking at key indicators it looks like it's moving back up to 17c....that's over 50% and likely more growth after that. Don't miss out on this great opportunity. Always do your DD and complement with your own analysis. I traded this puppy a few times flawlessly and wanted to share my insights. Happy trading folks!
I tried to warn you guys....Refill $ACH around .08$ACH had an epic pump and is now in correction, seeing the rejection at the .702 fib is a tell that this is going to break the previous low around 10 cents, this is not financial advice, just my own thoughts on the market. Do your own research,
Cheers!
ACH Alchemy Pay lowest Mk cap listed on Coinbase 30X potentialAlchemy Pay is a leading crypto payment technology provider for fast & secure hybrid crypto-fiat payment systems.
About ACH Alchemy Pay:
Official payments partner of world’s leading e-commerce company - Shopify
Providing 1+ million online merchants crypto and fiat payment acceptance
Exclusive crypto payments partner of QFPay, Asia’s mobile payments leader
Over 1.2 million merchants can now accept cryptocurrencies using QFPay gateway
Member of Celo’s Alliance for Prosperity
Servicing CÉ LA VI’s World Renowned Destinations
Pricerite partner - First in Hong Kong Accepting Cryptocurrencies
Serving Arcadier e-Marketplaces in 130 Countries
Partnered with service provider for a fleet of 2,500 limousine drivers
Accepting Crypto, Mobile Wallets, Card payments even on the move
Molly Zheng, former CEO of Alchemy Pay, has over 20 years' experience in the payment processing industry, including serving as Senior Consultant at Paypal China, SVP at HSBC China, Director of GE Money, and Chief Representative of MasterCard China.
John Tan, new CEO: "we plan to debut our ACH Visa card to allow crypto holders to spend their crypto anywhere in the world that VISA is accepted, including great travel perks and 8% back in spending rewards."
ACH Alchemy Pay is now Ranked #357 on CoinMarketCap with a Mk cap of only $86Mil
By comparison, CRO, Crypto.com Coin, a competitor, has a Mk cap os$3.2Bil.
So CRO, not to mention MCO, is 37X more expensive right now.
I may be overoptimistic, but i think ACH Alchemy Pay has the intrinsic value to reach 30X from now.
This was also a private call on Patreon:
www.patreon.com
Alchemy Pay - 2x - 3x gainI recently found and picked up ACH around .01, and it has gone up 50% before I shared with you.
IF BTC.D is heading down to 52% we could see a spike from Alts. this one looks like it has potential!
Overall looks like a bullish setup in progress. We could see the price reach .019 - .035 before forming handle on right. This could be a retrace down to 50%.
However, Bitcoin could surge in the meantime before any real pattern can take place.
BTC.D is 55% today, and looks like it will drop.
ACH trending up on HuobiAfter the launch $ACH pumped really good and then corrected itself. Currently being in an accumulation phase from past 7 days, it is finally breaking out. The first area of resistance it needs to cross is 22000 sats. After that we have a clear sky to continue the bullish rally.
If we zoomed into the accumulation phase we will find some clear technical behaviour. After hitting the bottom and making the double bottom pattern, it bounced and went into a bullish consolidation. Now as it is finally breaking out from this range, I expect the bullish continuation to the higher levels.