Schlagwort: crypto business

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Alchemy Pay token ACH is up 13%: here’s where to buy ACH

The live Alchemy Pay price today is $0.025 with a 24-hour trading volume of $192.7 million. Alchemy Pay is up 13.00% in the last 24 hours. 

If you are attracted to unique features and want to learn how and where to buy ACH, this guide is for you. 

Top places to buy ACH now

Coinbase

Coinbase is one of the first places that made it easy to buy bitcoin and has since become a widely trusted exchange in the market.

Buy ACH with Coinbase today

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

What is ACH?

Alchemy Pay (ACH) is a payment solutions provider that seamlessly connects fiat and crypto economies for global consumers, merchants, developers, and institutions. 

It provides online and offline merchants with convenient acceptance of both fiat and crypto, enables easy onboarding to blockchain ecosystems, and makes web3 services highly accessible.

Should I buy ACH today?

Nothing can substitute doing your own research. Any investment decision you make should be based on your market expertise, your attitude to risk, and the features and spread of your portfolio. Also, consider how you would feel about losing money. 

ACH price prediction

Tech News Leader provides a moderately bullish outlook on ACH. They predict it will only go up to $0.030 in 1 year. However, they believe it will be worth $0.098 in 5 years and $0.62 in a decade. 

ACH on social media

The post Alchemy Pay token ACH is up 13%: here’s where to buy ACH appeared first on CoinJournal.

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Floki Inu (FLOKI) sees a steady resurgence – Is a trend reversal coming?

Floki Inu (FLOKI) has seen quite some resurgence over the last two weeks or so. The coin is looking strong right now after smashing past several resistance zones. There are hopes that this could be a decisive trend reversal after weeks of decline. But how far can Floki actually go? Here are some highlights:

  • FLOKI had seen gains in 3 straight sessions before retreating yesterday

  • The coin has now added 65% in value in less than 10 days

  • This uptrend looks strong and is set to continue in the coming days

Data Source: TradingView 

Floki Inu – Why a trend reversal is unlikely

Although all signs appear to point to the fact that Floki is reversing the trend, it’s important to note there are many risk factors that could easily suppress the price. Besides, FLOKI has fallen nearly 90% from its ATH and is on a bearish trend year on year. 

While a 65% gain in 10 days is quite impressive, it is likely a result of the short-term dip-buying activity. Soon enough, Floki Inu buyers will start to lock in profits and as such, we expect the coin to retreat further. Also, from a long-term point of view, the coin continues to face increased regulatory challenges in the UK after its ads were deemed unethical. 

Floki could still deliver some 2x growth in 2022. But for now, the uptrend we are seeing will slow, and the coin will decline sharply.

Why is Floki risky right now?

Most meme coins have seen major sell-offs this year. In a market filled with uncertainty, a lot of investors will obviously offload risk assets, and meme coins are in that category. 

So, unless we see conditions improve in the broader crypto industry, holding FLOKI for long could be a big blunder. But there are of course many short-term plays for speculative traders.

The post Floki Inu (FLOKI) sees a steady resurgence – Is a trend reversal coming? appeared first on Coin Journal.

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Chainlink (LINK) struggles to rally despite important ecosystem updates

Chain Link Image on a cell phone

Chainlink (LINK) has often marketed itself as the platform that will ultimately democratize the blockchain. The coin has had better days no doubt. But in 2022, the price has remained suppressed for the most part. This comes even as LINK continues to report impressive ecosystem updates. Here are some notable developments:

  • Chainlink adoption continues to surge in 2022, with more integrations expected this year.

  • Cross-chain activity has also increased for LINK in recent weeks.

  • Despite this, LINK’s price has failed to rally more than 10% month on month in 2022.

Data Source: TradingView 

Why are ecosystem updates not pushing LINK?

In a normal market, you would expect such important ecosystem news to have a huge impact on the price. In fact, announcing more integrations would have at least given LINK a boost of 20% in a single month. But this is not a normal market. 

In 2022, we have seen very high volatility and slowed investor sentiment. As such, even though underlying fundamentals for LINK remain solidly good, the risk-off sentiment means that investors are just biding their time before they decide to buy. Also, there are other concerns regarding LINK.

For example, the project is facing massive competition from other newer entrants. Chains like Solana and Polkadot are raising the bar when it comes to scalability and access. As such, it seems investors are starting to spread out their money as they try to cash in on every new project. This puts LINK at a disadvantage.

Can LINK still deliver good returns?

It’s worth noting that LINK hit an all-time high of $57 a few months ago. The coin is now trading at a mere fraction of that.

Although we do not anticipate LINK hitting its ATH this year or even getting close, there is still some potential for a decisive profit for those who buy now. In fact, it is possible that you could 3x your money by year’s end.

The post Chainlink (LINK) struggles to rally despite important ecosystem updates appeared first on Coin Journal.

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A bear market is a marathon- prepare yourself: analyst

It’s never financial advice and doing your own research before investing is the way to go. But then again, what does DYOR mean? 

Well, it might mean learning to navigate the market with the help of lessons others have learned along the way.

One such lesson could be how to survive a bear market. In crypto, there is a pseudo-written rule for this – no matter what HODL.

According to crypto analyst Ran NeuNer, that is the trick. However, it takes patience. In comments shared on Tuesday, the analyst says rushing a bear market might only yield one result – you get wiped out. Here’s where he opines:

Remember that “a bull market is a sprint [while] “a bear market,” with all the pain, “is a marathon.”

That’s not all. In a bear market, it’s pointless to keep checking prices and Crypto Twitter might not be your friend.

As Binance CEO Changpeng Zhao observes, projects need to use the bear market to build. For an investor, this is the time to check out projects, focusing on their fundamentals, NeuNer notes. 

Seasoned investors will also tell you that a bear market provides for a buy-the-dip opportunity. However, it pays to be careful as this is also the time the market gets literally flooded with meaningless tokens targeting new investors.

The post A bear market is a marathon- prepare yourself: analyst appeared first on Coin Journal.

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Top analyst: BTC at this level has historically offered ‘outsized ROI’ for investors

  • Bitcoin price could still drop to the 200-MA at $22,000, with possible downside wicks to $19,000 and then $15,500. 
  • Bounces off these levels have offered huge investment returns for long-term investors, says crypto analyst Rekt Capital.

Bitcoin (BTC) is tracking fresh losses below $30,000, with the broader crypto market seesawing in the red amid new downsides for stocks. BTC, which has tanked nearly 58% from its all-time high, could still see further selling to reach new multi-year lows.

But for investors looking to enter the market, this could come with a massive opportunity if prices ended up at a key historical support level.

Top crypto analyst Rekt Capital says this has been the case whenever BTC price hits or wicks below the 200-week moving average (the 200-MA).

“Since 2015, the 200-MA has been touched on 4 occasions to form generational bear market bottoms. And 3 out of 4 of those Bear Market bottoms ended with downside wicking,” Rekt noted in a Twitter thread on Tuesday.

The downside wicks have been between -14% and -28%, with the latter happening after the March 2020 market collapse. According to the analyst, Bitcoin’s current price means bears need to pull the flagship cryptocurrency’s value down by 28% to reach the 200-MA that currently sits at around $22,000.

Below this historical support level, a -14% to -28% return would bring BTC/USD to $19,000 and $15,500.

This means investors who likely missed the last bull market could have a chance for a low entry point at these levels.

However, while the analyst says downside wicks off the 200-MA have largely presented periods of “peak financial opportunity for long-term BTC investors,” the market at these times is usually at extreme fear and maximum pessimism.

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