Deep Dive
1. Technical Rebound (Mixed Impact)
Overview: ACH’s RSI (36.9) and MACD histogram (+0.000033) suggest a recovery from oversold conditions. The price ($0.00908) remains below the 200-day SMA ($0.0179), signaling long-term bearish pressure.
What this means: Traders may interpret the RSI bounce as a buying signal, but weak volume (-16.22% 24h) tempers conviction. ACH must hold above the pivot point ($0.009002) to avoid retesting the 2025 low of $0.0085778.
2. XDB CHAIN Partnership (Bullish Impact)
Overview: On 12 November, Alchemy Pay partnered with XDB CHAIN to launch a U.S.-compliant fiat on-ramp for tokenized RWAs, expanding access to decentralized apps.
What this means: This integration could drive demand for ACH as the native payment rail, particularly if XDB’s ecosystem tokens (CBPAY, BEEFI) gain traction. The timing aligns with the price uptick, suggesting speculative interest.
3. Regulatory Tailwinds (Bullish Impact)
Overview: Alchemy Pay secured 10 U.S. state money transmitter licenses (MTLs) in 2025, including Arizona (7 August) and South Carolina (12 July), and MiCA compliance via a ZBX Group partnership (2 October).
What this means: Regulatory clarity reduces operational risks and positions ACH as a compliant bridge between fiat and crypto, critical amid growing institutional RWA adoption.
Conclusion
ACH’s 24h rise reflects a mix of technical buying, strategic partnerships, and regulatory progress. However, the token remains -52.68% YTD, requiring sustained adoption of its payment infrastructure to reverse the downtrend. Key watch: Progress on Alchemy Chain’s Q4 2025 launch and stablecoin integration, which could catalyze utility-driven demand.