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Alchemy Pay (ACH) Rises 1.32%, Underperforms the Crypto Market Friday

Friday, January 14, 2022 06:10 PM | InvestorsObserver Analysts
Alchemy Pay (ACH) Rises 1.32%, Underperforms the Crypto Market Friday

Alchemy Pay (ACH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has advanced 1.32% to $0.06006166416.

volatility - 27
InvestorsObserver is giving Alchemy Pay a 27 Volatility Rank. Find out what this means to you and get the rest of the rankings on Alchemy Pay!

Moderately Volatile

InvestorsObserver gives Alchemy Pay a moderate volatility rank of 27, placing it in the bottom 27% of cryptos on the market.

The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day. ACH's moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Alchemy Pay price is well positioned going forward. With support near $0.0571751754594479 and resistance set at $0.061558549465004. This positions Alchemy Pay with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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