Cryptocurrency prices were relatively mixed on Monday as focus shifted to the upcoming Federal Reserve minutes and the debt limit issue. Bitcoin dropped below $27,000 while Ethereum was trading at $1,813. This coin price prediction will look at what to expect in Alchemy Pay (ACH), SUI, and Render Token (RNDR).
Alchemy Pay price prediction
Alchemy Pay is a company that is providing payment solutions in the blockchain industry. ACH, its native token, has jumped by more than 275% from the lowest level in December, making it one of the best-performing tokens om the industry.
It has lost momentum recently after it formed a triple-top pattern at $0.045 whose neckline was at $0.022. In price action analysis, this pattern is usually one of the most accurate bearish signs. It has also moved below the 25-day and 50-day exponential moving averages, signaling that bears are in control.
Therefore, despite the recent rebound, I suspect that the ACH price will have a bearish breakout in the coming days. This view will be confirmed if it moves below the important support at $0.0222. If this happens, Alchemy Pay will have a bearish breakout to the next support at $0.1700.
How to buy ACH
Binance.US
Binance.US provides secure and reliable access to the world’s most popular cryptocurrencies, with some of the lowest fees in the industry.
Uphold
Uphold is a platform which has over 50 cryptocurrencies to choose from.
It’s users can make crypto trades with a bank account, credit card or crypto debit card. It has variable fees and allows users to automate trades.
Users who are on Brave’s internet browser can also earn BAT tokens based on their browsing habits.
Render Token price prediction
Render Token has been in a strong bullish trend in the past few months. Together with Alchemy, it is one of the top-performing cryptocurrencies in the world this year. The token jumped above the key resistance point at $2.2052, the highest point on February 7. This means it is invalidating the double-top pattern.
RNDR price has moved above the 25-day and 50-day exponential moving averages and the 61.8% Fibonacci Retraacement. The Relative Strength Index is approaching the overbought level. Therefore, while…
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