Alchemy Pay (ACH) Token Signals Impending Bullish Breakout as Bitcoin (BTC) Enters New Bull Cycle

As Bitcoin (BTC) tries to begin the exciting phase of the 2024/2025 bull cycle, the altcoin industry, led by Alchemy Pay (ACH), has indicated an impending bullish breakout.

As Bitcoin (BTC) attempts to kick-start the exciting phase of the 2024/2025 bull cycle, the altcoin industry, led by Alchemy Pay (ACH), has hinted at an impending bullish breakout.

On Tuesday, January 28, during the mid-New York session, the ACH token, ACH, witnessed a 114% surge in daily average trading volume to reach about $766 million, boasting a fully diluted valuation of roughly $312 million.

The ACH token had surged over 120% in the past three days due to a爆発的に増える demand, before retracing about 20% on the last day to trade at roughly $0.046 at the time of writing. Notably, for the first time since the start of 2025, the ACH price closed above the 50 Moving Average (MA) on the daily time frame.

Before Retracing Slightly, ACH Surged 120% in 3 Days (CoinMarketCap)

For the first time since the calendar changed to 2025, the daily Relative Strength Index (RSI) also approached the 70% mark.

The altcoin is now on the cusp of an impending bullish breakout after retesting a critical resistance level around $0.044 for the first time since March 2024, as Bitcoin dominance begins to form a macro reversal pattern and the TOTAL3, which excludes the market capitalization of Bitcoin and Ethereum, has retested the 2021 ATH of about $1.15 trillion.

Rising Demand for Alchemy Pay Services as Web3 Integration Continues

The increasing adoption of digital assets is boosting global demand for Alchemy Pay services.

The platform also provides a gateway for over 3 million users from 173 countries to access various payment options, including Mastercard and Visa.

Top Web3 projects like Bitget, OKX, DODO, Bitrue and several others have also integrated Alchemy Pay. By the end of 2024, Alchemy Pay had integrated over 200 payment methods, including Apple Pay, Google Pay, Kakaopay, Zalo Pay and Discover.

In a bid to secure sustainable future growth prospects, Alchemy Pay secured seven additional operating licenses in 2024, bringing its total operating licenses across different regions to twelve.

For instance, the platform was granted money transmitter licenses by several U.S. states like New Hampshire, New Mexico and several others.

Earlier this week, Alchemy Pay announced that it had been officially registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC). Hence, the platform is now authorized to operate as an Australian digital currency exchange provider.

The爆発的に増える adoption of ACH tokens will be driven in tandem with the exponential growth of the Alchemy Pay network. Notably, the ERC20 token is utilized to reward network users for paying transaction fees, among other applications.