• Alchemy Pay’s ACH price has surged by over 480% from its December lows.

• The company integrated Google Pay for its on-ramp service.

Alchemy Pay (ACH/USD) price has continued to defy odds as it becomes one of the top-performing cryptocurrencies. ACH has soared to a high of $0.044, the highest level since April 2022. It has been one of the best tokens, having soared by over ~480% from its lowest level in December.

Alchemy Pay price is soaring mostly because of the bullish momentum and the fact that many traders have embraced fear of missing out (FOMO). This FOMO gained strength after Visa, the biggest financial services company in the world, listed it as a payment provider. 

Visa is not the only company to partner with Alchemy Pay. On Monday, the firm said that it had added Google Pay for on-ramp services. This means that users will be able to buy cryptocurrencies in its platform using Google Pay.

📢ANNOUNCEMENT📢#AlchemyPay Adds Google Pay for On-Ramp Fiat-Crypto Purchases

Our on-ramp now supports Google Pay to allow users to purchase crypto quickly, easily, and securely using their fiat currency funds.

Read more here👇https://t.co/iwQI0hnTjg$ACH #FiatOnRamp pic.twitter.com/qPUzBGiUuy

— Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) February 20, 2023

At the same time, the strong performance of cryptocurrencies like Bitcoin and Ethereum has led to inflows into the industry. Companies like Coinbase and Binance have recorded billions in inflows this year even as regulatory concerns remain.

Therefore, with the number of crypto holders rising, the consensus is that Alchemy Pay will benefit as these people start or continue paying with them. Also, it will benefit as the volume of its on-ramp services makes a strong comeback.

Alchemy Pay price forecast

ACH chart by TradingView

Turning to the daily chart, we see that the ACH price has been in a strong bullish trend since December. It has defied gravity for weeks. As it rose, it managed to move above several resistance levels, with the most recent being the psychological point at $0.30. It also jumped above the resistance point at $0.2254, the highest point on July 19. 

Alchemy Pay has jumped above all moving averages while oscillators like the Relative Strength Index (RSI) have moved to the overbought level. I suspect that the coin will likely pull back and retest the support at $0.2254 as profit-taking sets in. This price is about 44% below the current level. In other words, the risk/reward seems unfavourable.

If this happens, ACH price will likely resume the bullish trend and rise to the key resistance point at $0.50. 

How to buy Alchemy Pay

Coinbase

Coinbase is a global cryptocurrency exchange. Its platform is well designed for beginner investors and it offers a wide range of coins, as it has over 100 to choose from. Coinbase has high level security built into the platform, a range of diverse features to use and it offers its users options for storing their crypto, such as being able to store coins on the Coinbase exchange.

Buy ACH with Coinbase today Disclaimer

Swapzone

Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, safe user flow, and crystal-clear data for users to find the best exchange rates among the whole cryptocurrency market.

Buy ACH with Swapzone today

The post Alchemy Pay (ACH) risk/reward seems unfavorable for now appeared first on CoinJournal.

The future of crypto has regularly been cast into doubt over the past 10 years. Since Bitcoin (BTC) first skyrocketed to nearly $1000 in 2014, it has repeatedly gone through explosive bull runs and deep drawdowns, impacting the number of people who invest in crypto. In these moments, bankruptcies and scandals can create plenty of controversy and cause the future of crypto to be questioned.

Despite volatility in the crypto market, new projects such as Metacade continue to show major promise for the future. It is at the forefront of GameFi, which brings vast user benefits to the gaming industry – a 3 billion-strong market.

So, is the crypto market really dead, or could projects like Metacade drive progress once again?

Bankruptcies, scandals, and regular front-page news

Despite scandals and market volatility, crypto lives on. This is because cryptocurrency itself operates independently from any corporate entity. The collapse of FTX, Celsius Network, and Voyager, has had zero impact on the blockchain’s ability to function. But these collapses do impact investor confidence.

The future of crypto has often been called into question, and the number of people who invest in crypto drops during these times. However, the crypto market allows people from all over the world to freely access a reliable financial system with low entry barriers, and the number of people who invest in crypto nevertheless increased 59x between 2016 and 2021.

The blockchain continues to allow global financial transactions at high speed and low cost, and the increasing number of decentralized applications (dApps) is constantly expanding the scope and scale of blockchain services. For this reason, the future of crypto is as bright as it has ever been.

The Future of Crypto: GameFi, DeFi, NFTs

The crypto market is now home to several key areas of technological development. Whether users are looking to utilize DeFi for flash loans without credit checks or buy and sell digital artwork in the form of non-fungible tokens (NFTs), the blockchain can provide an immutable and secure method of peer-to-peer transactions, serving millions of users around the world.

One of the most advanced use cases for blockchain technology is GameFi. The combination of gaming and financial rewards could well be the next movement to revolutionize the future of crypto, as an increasing number of users invest in crypto projects that are building advanced play-to-earn games.

Metacade’s recent success during the early stages of its crypto presale is a marker of what’s to come. A comprehensive GameFi platform in the crypto market, it attracted $6.2m in 11 weeks of its presale. Collectively, it could help to drive the future of crypto due to its unique characteristics, bringing decentralized financial services to potentially millions of users over time.

What is Metacade?

Metacade is well-positioned to become a leading project in the GameFi sector. The project intends to be the biggest play-to-earn (P2E) arcade on the blockchain and aims to be a central hub for users to meet up, learn about the latest trends in GameFi, and use Metacade’s extensive features to earn a crypto income online.

The project is expected to grow to become one of the most influential platforms in the crypto gaming movement, as it will directly create new jobs in the crypto market, as well as invest in crypto projects to fund the next wave of innovation in P2E gaming.

After recently being audited by one of the leading security firms, Certik, Metacade has proven itself as a highly secure project in the crypto market that can serve a large number of users over the coming years. Metacade is forecasted to be one of the highest gainers as an increasing number of users invest in MCADE.

Can MCADE reach $1 in 2023?

The MCADE token presale is a limited-time-only event, where the price of each MCADE token will rise from $0.008 to $0.02. For those that invest in crypto, the MCADE presale is a high-potential opportunity due to the unique characteristics of the platform.

When the presale is complete, the MCADE token could skyrocket to $1 by the end of 2023. This is because the token will be launched on exchanges and the Metacade platform will have launched.

A gem in the crypto market

Metacade will offer the largest selection of P2E games on the blockchain, reward content creators with cryptocurrency for their contributions, and create new jobs (both part-time and full-time) for people looking to kickstart their careers in blockchain. The 50x price rise in 2023 is just the beginning for MCADE, which could drive the future of crypto over the coming years.

Is MCADE worth buying?

Despite recent scandals and falling prices in the crypto market, brand-new projects such as Metacade are a reminder that the future of crypto is bright. The GameFi platform can help to attract an increasing number of blockchain users over the coming years as the number of users who invest in crypto continues to increase.

The MCADE token is a great option for anyone looking to invest in crypto during the bear market. It has sky-high future potential and appears currently undervalued at the $0.014 price level. With a limited time between now and the end of the presale, investors should be quick to get involved before the price inevitably takes off.

You can participate in the Metacade presale here.

The post Despite Scandals and Market Volatility, the Future Of Crypto Looks Bright, Especially for Companies Like Metacade appeared first on CoinJournal.

• Filecoin price went vertical on Friday amid concerns about its utility.

• Gifto lost momentum as the rebrand hype died.

• Safemoon was left behind in the meme token rally.

Cryptocurrencies had a mixed performance this week as the US dollar index (DXY) continued rebounding and as regulators intensified their activities. Bitcoin temporarily soared to over $25,000 for the first time in six months. Here are the top crypto coin predictions for the weekend, including Filecoin (FIL), Gifto (GFT), and Safemoon (SFM).

Filecoin price prediction

Filecoin had a spectacular week as it jumped to the highest level since September 2022. It has risen by over 250% from its lowest level in 2022 even as concerns about its utility continue. Protocol Labs, its creator, even announced some layoffs recently.

Filecoin managed to cross the crucial resistance point at $5.81, the previous year-to-date high. The coin has also jumped above the 25-day and 50-day moving averages and formed a cup and handle pattern.

Therefore, there is a likelihood that the coin will maintain its bullish momentum in the coming days if bulls manage to push it above the current level. Such a move will bring the next resistance level to $10, which is much higher than where the coin is today. A drop below the support at $5.81 will invalidate the bullish view.

How to buy Filecoin

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy FIL with eToro today Disclaimer

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy FIL with Binance today

Gifto price prediction

Gifto is a blockchain network in the gifting space. GFT, its native token, has had a mixed performance in February after it rebranded from GTO. Initially, the token price surged to a high of $0.186 as people became familiar with it.

These gains were short-lived as the GFT price crashed by more than 51%. As it crashed, Gifto managed to move below the key support level at  $0.098. It then retested this level, signaling that bears are gaining momentum. The 50-period and 25-period moving averages made a bearish crossover. Therefore, the token will likely continue falling as sellers target the key support at $0.050.

Safemoon price prediction

Safemoon price was relatively calm this week even as other meme coins like Floki Inu and Dogelon Mars jumped as we wrote here. The token rose to a high of $0.00027 and then quickly pulled back. On the hourly chart, the coin has formed an ascending channel shown in blue. It has moved slightly above the lower side of the rising channel on the hourly chart. 

The price is hovering at the 38.2% Fibonacci Retracement level. Therefore, Safemoon price will likely continue rising as buyers target the upper side of the channel at $0.00027.

SFM chart by TradingView

How to buy Safemoon

The post Crypto price predictions: Filecoin, Gifto, Safemoon appeared first on CoinJournal.

After a rapid sell-out during the early stages of the Metacade crypto presale, the project now looks ready to explode. The MCADE token could be one of the best cryptos to invest in now, as it powers a comprehensive platform with vast potential for the future.

Could Metacade be the best crypto to invest in now? The presale is a rare opportunity to buy at low prices, and many of the best cryptos to invest in now combine broad utility with plenty of room for future growth.

Metacade has these characteristics, so here is a deep dive into the platform to see what it offers.

Metacade is one of the best crypto to invest in now

Crypto presales are often some of the most lucrative investment opportunities in the world of cryptocurrency, with top projects being launched at extremely low prices. These opportunities are rare, but when a high–potential crypto project is launched during a presale, investors are often quick to snap up as many tokens as possible.

This has undoubtedly been the case with Metacade, which is already mid-way through its presale. $6.7m has been raised in 12 weeks, which is an indication that Metacade could be in for some explosive future price action.

The project is helping to drive the GameFi revolution, making it one of the best crypto investments. GameFi combines some of the most advanced online gaming experiences with integrated financial rewards for users, so it’s no wonder that leading projects such as Metacade show vast promise and long-term price potential.

Can MCADE reach $5 in 2025?

After the MCADE crypto presale, the metaverse arcade will go live and offer a range of exclusive services to GameFi players and Web3 users. As well as this, the MCADE token will be launched on exchanges, which is expected to boost the project’s reach and drive price action upwards.

In 2023, MCADE has a $1 price target. This is a monumental 50x rise from the end of the crypto presale, but Metacade is unlikely to stop there. In 2024 and beyond, the wider crypto market may enter a bull market, at which point the MCADE token could go parabolic.

In 2025, Metacade’s target exceeds $5. MCADE could reach up to $7 that year, which amounts to a 350x price rise from the end of the crypto presale. With such high long-term potential, it’s no wonder that experts are highlighting MCADE as the best crypto to invest in now.

What is Metacade?

Metacade will become the largest arcade on the blockchain, offering a vast selection of different online games that each have integrated earning mechanics. By combining play-to-earn capabilities with addictive gameplay, Metacade could become a leading project in the GameFi sector over time.

Metacade will also be a central hub for Web3 users, offering vast earning potential that goes beyond the metaverse arcade. It will display all the latest trends in blockchain gaming and some of the most valuable alpha on the blockchain. It will help to drive progress in GameFi directly with several unique initiatives.

How does MCADE work?

The MCADE token will be used to provide rewards in the Metacade. Gameplay ranges from casual to competitive, offering solo gaming experiences where players can progress through infinite levels to earn tokens and ranked competitive tournaments that offer major crypto prizes to the winners.

Metacade’s community hub will reward users for their contributions. This can include posting game reviews, sharing alpha, or interacting with other members of the community. All content creators in the Metacade can earn MCADE token rewards through the Create2Earn feature.

The project also aims to help crypto enthusiasts kickstart their blockchain careers. The Work2Earn feature will connect Web3 users with paid job opportunities, ranging from gig work to game testing roles to full-time positions at leading blockchain companies.

MCADE is a game-changer

On top of all its other features, Metacade is introducing a crowdfunding initiative for brand-new blockchain-based games. Developers will submit investment proposals to the Metacade community, who will vote to decide which new games are best. The voting process winners will receive early-stage funding to help develop the new game.

Metacade is considered one of the best cryptos to invest in now because it directly drives blockchain technology’s expansion. The project is creating jobs for Web3 users and will also support innovators with the financial backing they need to develop new decentralized applications (dApps) and blockchain experiences.

Is MCADE worth buying?

The MCADE crypto presale has been highlighted to be one of the best cryptos to buy now and a great long-term hold for the future. With positive future price action on the horizon for the MCADE token, the crypto presale represents a rare opportunity to get involved in a leading project during its earliest investment stage.

The crypto presale launched the MCADE token at $0.008 – a value that will rise to $0.02 before the end of the event. This gives investors a limited time only to get involved in the crypto presale at the best possible price. 

You can participate in the Metacade presale here.

The post Metacade Crypto Presale – What You Need To Know Before You Invest appeared first on CoinJournal.

ETH/USD technical analysis and why the market may still rally

• $1000 acted as solid support for Ethereum
• A triangle as a reversal pattern reveals a bullish medium-term perspective
• The rally on the small timeframes might continue

The cryptocurrency market rebounded in 2023 after a bearish market in 2022. Bitcoin led the decline, and other cryptocurrencies, such as Ethereum, followed. 

The US dollar’s strength is part of the reasons investors fled the cryptocurrency market. But other factors also contributed to the so-called “crypto winter” from last year. For example, the FTX scandal left many investors without funds. 

But against all odds, the crypto market rebounded in 2023. Bitcoin is up close to 50%, and Ethereum followed. 

So here is a technical analysis based on the long, medium, and short-term perspectives for the ETH/USD. Where will Ethereum go next?

ETH/USD long-term view

The one thing that strikes the eye on the monthly chart (besides the huge drop in 2022) is the strong support offered by the $1000 level. Often, the round numbers offer support or resistance, and it appears to be the case here. 

The larger the timeframe, the stronger the support or resistance is. This being the monthly chart, we should not be surprised that Ethereum bounced from support.

ETHUSD chart by TradingView

The medium-term perspective

Coming down to the daily chart, the bullish bias remains. Ethereum consolidated above the support level mentioned earlier and formed a contracting triangle. 

This triangle acted as a reversal pattern, as the price broke above the upper trendline. Therefore, the end of the triangle should act as an invalidation level for any long trade. 

ETHUSD chart by TradingView

The short-term view

From a short-term perspective, the market appears to form a pennant. This is a short-term consolidation pattern usually followed by another rally. 

ETHUSD chart by TradingView

However, until the price breaks higher, it is difficult to anticipate the market’s direction on such a small timeframe. 

Nevertheless, Ethereum formed an inverse head and shoulder pattern around $1,500. The lowest point on the pattern should act as a warning signal for bulls, should the price reach it. 

All in all, the positive momentum in the cryptocurrency market continues. As a result, Ethereum’s technical analysis has a bullish bias. 

The post ETH/USD technical analysis and why the market may still rally appeared first on CoinJournal.