What do the Long-Term Technicals Predict for Alchemy Pay (ACH) Friday?

Friday, February 24, 2023 06:43 AM | InvestorsObserver Analysts

Alchemy Pay receives a strong long-term technical score of 96 from InvestorsObserver analysis. Our proprietary scoring system considers the trading patterns over the past several months to a year by analyzing the token's consistency, volatility, and where it is relative to long-term averages to determine whether it's a strong buy-and-hold investment opportunity. Currently, ACH holds a superior long-term technical analysis score than 96% of crytpocurrencies. Long-term investors employing a buy-and-hold strategy will find the Long-Term Rank especially relevant when allocating their assets and may find additional value finding cyptos with a high short-term technical score to discover tokens that have bottomed out.

InvestorsObserver is giving Alchemy Pay a 96 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Alchemy Pay!

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Trading Analysis

Alchemy Pay's price is $0.0287486 (232.96%) above its 100-day moving average price of $0.012340585 as its price at the moment sits at $0.041089205. Additionally, ACH is $0.0338331 (-151030.71%) higher than its 52-week low price of $0.007256081 while -$0.01004433 (-19476.28%) under its 52-week high of $0.051133540. The current trading price in relation to its long-term average along with its 52-week high and low, gives ACH a strong long-term technical score of 96. Long-term trading movement of Alchemy Pay suggest that investors are neutral on the token at the moment. Alchemy Pay has a market capitalization of $208,821,748.49 and a relatively average average daily volume with $1,264,910,820.30 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, ACH's volume is below its seven day average with 176,825,801.29 exchanged.

Summary

Technical analysis of Alchemy Pay over the past year results in the crypto receiving a a strong long-term technical score of 96 as its price movement in that time has given traders reason to be neutral on the token in the long-term. Click Here to get the full Report on Alchemy Pay (ACH).