ACH price faces renewed sell-off amid crypto downturn

ACH price faces renewed sell-off amid crypto downturn

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Alchemy Pay (ACH) has witnessed a sharp decline of over 8% in the past 24 hours, coinciding with Bitcoin’s drop to $105,000. The token’s struggles persist even after its recent partnership with World Liberty Financial. Analysts suggest that the outlook may remain painful for investors as technical indicators hint at further declines.

Alchemy Pay Partners with World Liberty Financial

On May 26, Alchemy Pay unveiled a significant milestone by expanding into Australia, announcing the integration of PayID, a local interbank payment service. This partnership initially provided a brief price spike for ACH; however, the token has struggled to maintain its value since early May, when bears pushed prices above $0.030.

Despite this downturn, Alchemy Pay has also announced several key integrations aimed at enhancing its on/off-ramp solution. This includes support for XT.COM crypto exchange and the integration of MiniPay, a non-custodial stablecoin wallet based on the Celo blockchain. Users can now access stablecoins like USDT, USDC, and cUSD with their local fiat currencies.

The latest addition is the collaboration with World Liberty Financial, a DeFi project backed by the family of former President Donald Trump. As part of this partnership, Alchemy has integrated USD1, a stablecoin pegged to the US dollar, launched earlier this year, enhancing its payment gateway and presenting new growth opportunities powered by ACH.

“Users worldwide can now purchase $1 USD through their preferred payment method, including Visa, Mastercard, Apple Pay, Google Pay, mobile wallets, and regional bank transfers,” noted the platform in a blog post.

Will the USD1 Integration Boost ACH’s Price?

According to CoinGecko, ACH’s price has hovered around $0.022, significantly below its peak of $0.030 on May 11, 2025. Over the past 24 hours, the Alchemy Pay token has plunged by 8% and recorded a 17% decline in the last week.

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Transaction volumes have surged by over 40%, currently sitting around $30 million at the time of writing. However, a closer look at the price charts suggests that further declines may be imminent.

The previous month’s sell-off has reformulated bearish sentiment, with prices collapsing from a descending wedge. Indicators, including the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD), also favor sellers, indicating that ACH may continue to decline under these conditions.

Nevertheless, an RSI nearing oversold territory could signal a potential rebound, with hopes of approaching $0.03 in the near future.

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