The price of alchemy is increasing by 14 %, but investors flow to this ICO

Alchemy salaries price increased by more than 14 % in the past 24 hours to trade at $ 0.03572 from 10:00 pm EST time with investors rushing to purchase encryption.

The gain that was published 24 hours was published by the ACH price is a continuation of the positive direction it was Altcoin during the past week. As a result, the price of alchemy in green is more than 35 % on the long -term time frame.

The price of alchemy in an attempt to break the resistance of 0.03855 dollars

4 hours graph for ACH/USD (Source: Geckoterminal)

the Alchemy The price tries to overcome the resistance level at $ 0.03855, Geckoterminal data He appears. If Altcoin closes a 4 -hour candle over this technical barrier within the next 12 hours, it may end up with a height of up to $ 0.4481 in the short term.

However, failure to scan 0.03855 resistance level may lead to a more landing scenario on the price of alchemy salaries. In this alternative case, the encryption is likely to test immediate support at $ 0.03395. The decline under this technical security network can lead to ACH decrease to subsequent support at $ 0.02880.

Technicians suggest that the price of alchemy can go in both cases

From a technical perspective, indicators on the ACH chart for 4 hours mixed signals. While the averages of al -Movement (EMAS) indicates that the price of alchemy may rise, the RSI is warning of a decrease in the strength of the buyer.

In the last 48 hours, the Luxor 9 EMA is above 20 EMA. This artistic event is often explained as an indication that encryption has entered in a positive direction. The previous one has been separated since then above the latter, which can indicate that the ACH momentum captures the steam.

However, the relative strength indicators in the contestant began in the mid -1960s. The above readings indicate that the capabilities of ACH on the downside are greater than their upward potential, while RSI’s leveling warns that the bears may try to regain control Alchemy price.

In the last hours, RSI readings began to decrease. The RSI line is also negatively, indicating that sellers slowly overcome buyers. If it takes the bears, they may try to impose the price of alchemy salaries in the next few hours.

While the technical indicators of the price of chemistry indicate a non -improvement, investors flow Best Portfolio (Best). According to Crypto gains, on the famous YouTube with more than 141 thousand subscribers, the best of his power has the ability to rise 10x after its launch.

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