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Crypto price predictions: Alchemy Pay, Render Token, SUI
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简介Cryptocurrency prices were relatively mixed on Monday as focus shifted to the upcoming Federal Reser...
Cryptocurrency prices were relatively mixed on Monday as focus shifted to the upcoming Federal Reserve minutes and the debt limit issue. Bitcoindropped 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
Uphold
Create your account in minutes and start trading 90+ cryptos and other assets on the most flexible trading platform.
Buy ACH with Uphold todayCoinbase
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 todayRender Token price prediction
Render Tokenhas 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 there are risks, there is a possibility that the token will continue rising in the coming days. If this happens, the Render will likely jump above $3.
How to buy Render Token
Huobi
Start Your Cryptocurrency Journey Today. Huobi Global has a variety of features that make it an ideal place to buy and sell digital asset.
Buy RNDR with Huobi todaySUI price prediction
SUI is one of the newest cryptocurrencies in the world. It is a blockchain projectthat was created to challenge the likes of Ethereum and Solana. After soaring to an all-time high of $1.1700 earlier this month, the coin has plunged hard recently. It fell to a low of $1.0374 during the weekend.
On the 30-minute chart, SUI has moved below all the important support levels, including $1.1140 and $1.100. It has also dropped below the short-term moving averages while its volume has dipped. Therefore, the outlook of the SUI token is bearish, with the next support being at $1.0375.
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