ACH - An Underdog Gem Coin with huge potentialFundamental Analysis:
Alchemy Pay is the pioneer of the world's first payment gateway solution to bridge the gap between fiat and crypto economies. In addition to crypto payments, the gateway enables seamless and easy access to crypto investment, blockchain solutions and DeFi services for everyone, even for those new to cryptocurrencies and blockchain technology.
On Aug 4 Binance and Alchemy Pay announced a partnership to help integrate several major merchants. The pair will build a payment bridge between cryptocurrency and fiat using Alchemy Pay’s hybrid payment solutions and the Binance Pay wallet.
Since its partnership with Binance, it is only a matter of time that it will be listed of Binance pushing the price further upward after its exposure to millions of new traders and investors present on Binance.
Technical Analysis:
We have seen a huge upward rally shown by ACH in recent few weeks, after a huge ACH rally upward pushing the coin to its new all time highs, it again saw a small upward rally from micro 0.618 fib level after completing its correction followed by selling pressure which moved the coin a little downward. Though the key level demand area acted as good support and we saw a bounce from that area today.
Conclusion:
ACH still holds huge potential and I would highly advise to buy it in a small portion on every correction. I have personally been holding a small bag of ACH and will be selling it on Binance. I am positive that this coin will not let me down.
P.S. Do your own research before investing in any coin as well because Crypto Market is highly volatile and things can change.
ACH
$ACH is attempting to reverse off August 6th support lineWhether it's the news that Germany can now trade $ACH or simple charting. $ACH is currently bouncing off of it's previous August 6th resistance line of $.06XX. As of writing this idea, it has trying hard to break through the first two barriers ($.0735 and $.0800) of a 7 day Fibonacci retracement, and is fighting it's way up past sellers trying to reclaim their losses. Recent trends over the past week suggest that this won't surpass more than a $.0300 gain which puts it at $.0935 so if it breaches both the 3rd and 4th barriers ($.0850 and $.0900) of the Fib then you might want to think about where you can take profit or cut previous losses to a smaller number.
It still is not fundamentally clear where this coin is headed until more concrete news and/or other market listings (wink wink Binance) occur.
ACH CEO: "The next partnership is our largest by far so far!"Aug 16, 2021, Alchemy Pay CEO, John Tan, on Cointelegraph: "The potential of Alchemy is much bigger than what you are seeing right now!"
"we are talking about conglomerates that own shopping malls, they own properties and hotels, and the other conglomerate owns banks and real estate. This are the partners we are working with. When this partnerships are announced investors are going to know what we are walking towards."
"Whenever Alchemy makes an announcement it is something massive. The next partnership is our largest by far so far!"
My price target is 1.2usd, or, if it gets hyped enough 2.4-2.6usd.
What conglomerates do you think the CEO is talking about?
If the next partnership is their largest, so bigger than Shopify, is it Alibaba maybe??
ACH might finally be near its "POST COINBASE LISTING" bottomLooking at some $ACH trends here and this is definitely bearish. ACH is not finding the support it needs in $.09 or $.08 or $.07; and seems destined to land back on its $.06 low before the rocket launched on August 6. It is seriously oversold on just about every metric, and is due for a bounce. Without much REAL news behind it and shaky retail buyer support, expect this to drop to $.06 before real decisions on its near term future will go. I'm staying neutral on this because a massive bounce is imminent, but when and where is unclear. If you believe in the project behind $ACH of Alchemy Pay, now is a good time to get in since this appears to be long term.
ACH Alchemy Pay 14X upside potentialI see ACH Alchemy Pay as a rival to CRO Crypto.com Coin, which has a mk cap of $3,7 Billion
Alchemy has only $260 Million. So a difference of 14X
CRO or MCO are not supported or backed by Coinbase, while ACH Alcheme Pay is. Which makes it more legit in my opinion!
If you want to compare it with AMP, which has a market cap of $2,5 Billion, then the potential is only 10X, so 0.83usd.
If you haven`t bought it here:
Then you should know that my price target is 1.2usd by December and even 2.4 - 2.6 dollars when it reaches the top of its bubble.
We`re too early on this beauty!
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 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.