Alchemy Pay
Long

ACH - Bullish confirmation on a macro swing play

163
ACH is setup nicely for a bullish swing. Apologies for the delay in posting. Was waiting for a bullish confirmation first. My entry is $0.018361.

I plotted 5 targets for us.
SuperTrend on 4 Hour TF signaling green. As you can see the reliability of previous SuperTrend flips to green.

Alchemy Pay secured access to SFC Type 1/4/9 licenses on July 17 via a strategic investment in HTF Securities. This positions ACH as a compliant gateway for virtual asset services in Asia’s financial hub, aligning with Hong Kong’s pro-crypto regulatory shift.


Supporting factors: Ripple RLUSD integration
Alchemy Pay’s role in Ripple’s European RLUSD rollout (announced July 15) enables fiat purchases of the stable coin across 170+ countries.

RLUSD’s $94M daily volume creates fee revenue potential for ACH through transaction flows.


Technical context: Overbought but bullish
• RSI(7): 81.37 signals overbought conditions but reflects strong momentum.


MACD: Bullish crossover (histogram +0.000439) since July 16.


Fibonacci: Price broke above 23.6% retracement ($0.0222), eyeing 127.2% extension at $0.0259.
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Conclusion
ACH’s rally combines regulatory tailwinds, partnership-driven utility growth, and technical momentum. While short-term consolidation is possible given overbought signals, the licensing roadmap and RWA platform launch (August 2025) suggest sustained institutional interest.


What to watch: Can ACH hold above the 23.6% Fib level ($0.0222) as Hong Kong license upgrades progress?

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