- The ACH price displays an upward momentum which finds support at $0.02695 before facing resistance at $0.03454, $0.04335 and $0.05113.
- A successful breakout through essential resistance levels may generate at least 15% short-term gains.
- The future guidance of ACH’s price movement depends substantially on market dynamics together with trading volume fluctuations.
Alchemy Pay (ACH) has shown a steady upward trajectory, with its latest market price standing at $0.02754, reflecting a 6.9% increase within the past 24 hours. The token shows an upward trendline that demonstrates sustained bullish trend. Analysis of ACH’s weekly chart shows that $0.02695 represents its primary support point and price resistance spans from $0.03454 through $0.06549.
Source:Coinmarketcap
ACH Uptrend Strengthens as Buyers Hold Key Support
ACH’s price pattern features a clearly established positive upward line that shows higher market entry points starting from mid-2023. The upward trend demonstrates persistent customer interest because market actors pursue buying positions when prices decline.
A confirmed rebound from the essential level at $0.02695 could indicate continued price growth according to analysis. The strongest accumulation area for price weakness is found at $0.02400 positioned below the present support level.
ACH Eyes Breakout with Key Resistance Levels in Focus
On the upside, ACH faces multiple resistance levels. The previous upsurges encountered resistance at $0.03454 which stands as the primary resistance level for ACH. The next significant resistance threshold stands at $0.04335 before reaching $0.05113 for ACH. ACH will begin a strong bullish trend toward $0.06549 when it manages to break through the current resistance levels.
The market shows indications that prices breaking past $0.05113 would likely establish long-term growth potential exceeding 15% for the short term. A failure to break through these resistance areas will probably trigger consolidation followed by a temporary pullback before another attempt at upward movement.
A positive trading volume rise during an extended upward trend would increase the possibility of additional price gains. Price reactions that occur at key levels will indicate if ACH will maintain its upward trend or experience a temporary halt that precedes its next substantial price movement.
