Alchemy Pay (ACH) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Friday, the crypto has advanced 1.32% to $0.06006166416.
InvestorsObserver gives Alchemy Pay a moderate volatility rank of 27, placing it in the bottom 27% of cryptos on the market.
The Volatility Gauge follows this makes its score defined by recent trends, rather than a bad day.
ACH’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Alchemy Pay price is well positioned going forward. With support near $0.0571751754594479 and resistance set at $0.061558549465004. This positions Alchemy Pay with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.