ALLY Price ALY

There are two schools of thought when it comes to determining the price of a cryptocurrency like ALLY.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of ALLY, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of ALLY.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of ALLY on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of ALLY.
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for ALLY and the broader cryptocurrency market.

ALLY achieved the all-time high of $0.04293 in 2021-05-16, and is currently trading at $0.0004.

ALLY reached its all-time low of $0.00009239 on 2020-03-17.

The current market cap of ALLY is $903.90K, as 2.30B ALY is trading at the price of $0.0004.

There are currently 2.30B ALY circulating in the market. These ALLY can be actively traded or used in the open market.

The maximum supply of ALY is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of ALLY is $3.93M. The FDV is calculated taking the assumption that all supply of ALLY is circulation, multiplied by its current price of $0.0004.

Using an algorithm to automatically identify historical data trends, this ALLY price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

ALLY offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that ALLY and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in ALLY.

You can buy ALLY via Gate.io by following the steps on how to buy ALY once you have funded your account.