The Alchemy Pay price surged over 14% in the last 24 hours to trade at $0.03572 as of 10:00 p.m. EST as investors rush to buy the crypto.

The 24-hour gain posted by the ACH price is a continuation of the positive trend the altcoin has been in over the last week. As a result, the Alchemy Pay price is in the green by more than 35% on the longer-term time frame.

Alchemy Pay Price Trying To Break The $0.03855 Resistance

4-hour chart for ACH/USD (Source: GeckoTerminal)

The Alchemy Pay price is attempting to overcome the resistance level at $0.03855, GeckoTerminal data shows. Should the altcoin close a 4-hour candle above this technical barrier within the next 12 hours, it could end up climbing to as high as $0.4481 in the short term.

However, failure to clear the $0.03855 resistance level might lead to a more bearish scenario playing out for the Alchemy Pay price. In this alternative case, the crypto will likely test the immediate support at $0.03395. A drop below this technical safety net could then lead to ACH falling to the subsequent support at $0.02880.

Technicals Suggest The Alchemy Pay Price Could Go Either Way

From a technical perspective, indicators on ACH’s 4-hour chart are showing mixed signals. While Exponential Moving Averages (EMAs) suggest the Alchemy Pay price might rise, the Relative Strength Index (RSI) warns of decreasing buyer strength.

In the last 48 hours, the shorter 9 EMA crossed above the 20 EMA. This technical event is often interpreted as an indication that a crypto has entered a positive trend. The former has since broken away above the latter as well, which could signal that ACH’s bullish momentum is picking up steam.

However, the RSI started to level off in the mid-60s. The readings above 60 suggest that ACH’s downside potential is greater than its upside potential, while the levelling off of the RSI warns that bears might be trying to take back control of the Alchemy Pay price. 

In recent hours, RSI readings have also started to drop. The RSI line is negatively sloped as well, which suggests that sellers are slowly overpowering buyers. If bears take over, they might try to force the Alchemy Pay price down in the following few hours.

While technical indicators for the Alchemy Pay price suggest indecisiveness, investors are flocking to the presale for Best Wallet (BEST) . According to Crypto Gains, a popular YouTuber with over 141K subscribers, BEST has the potential to soar 10X after its launch.

A Crypto Wallet Offering All Of The Features Investors And Traders Need

Best Wallet is not just another crypto wallet. The project offers investors and traders a way to store, manage and grow their digital asset holdings all from within a single app. This is made possible through an array of in-app features, including a native staking platform, a presale aggregator, a token launchpad and so much more.

All of these features also come with support for more than 60 blockchain networks, as well as all of the cryptos and tokens deployed on each chain. What’s more, the app allows users to import their wallets from across the Web3 ecosystem, making it much easier for investors to keep an eye on their crypto.

Best Wallet’s stand out feature is the “Upcoming Tokens” section, which flags high potential emerging crypto tokens. This functionality has already identified both Catslap (SLAP) and Pepe Unchained (PEPU) , which have gone on to deliver impressive returns for investors who bought in when Best Wallet first flagged the meme coins.

Additional benefits such as lower transaction fees, higher staking rewards, early access to new projects and even the ability to participate in Best Wallet’s governance can be unlocked by simply purchasing and holding BEST tokens.

Best Wallet Presale Goes Parabolic

With the range of features and the ability to unlock additional benefits, it’s easy to see why investors have already poured more than $10.2 million into Best Wallet’s ongoing presale. This buying frenzy is likely to continue given the bullish predictions by experts such as Crypto Gains. There is also a 160% APY on offer to presale buyers that might attract investors.

To get in on these rewards, investors will first need to buy BEST tokens via the widget embedded on the project’s website. Selling for $0.02405, BEST can be bought with either crypto or bank card. Interested investors can also buy BEST through the BEST Wallet app. After getting a hold of some BEST, investors can then stake their tokens to earn the passive rewards.