Gala's price surge by 6.6% over the past day, currently trading at $0.052 with a colossal trading volume of $622 million.
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Gala's price has soared as one of 2023's top-performing play-to-earn (P2E) blockchain tokens, boasting gains surpassing a staggering 180% in just 30 days. With the emergence of fresh platforms such as Meta Masters Guild (MEMAG) and Calvaria (RIA), the bar has been raised sky-high, as gamers seek enjoyable blockchain games to immerse themselves in.
Will Gala's Price Soar to $0.1?
Over the past 24 hours, Gala price has risen by 6.6%, but it's been trapped in a tight range for nearly a week. The recent partnership between Gala Games and Dwayne Johnson (The Rock) triggered the surge, propelling the token above $0.04. The bulls' push caused the token to break above a crucial resistance, as seen by the lower yellow band on the daily time frame chart below.
Although the 200-day Exponential Moving Average (EMA) (purple) held firm at $0.05236, temporarily capping any upside movement, Gala price hit a new 2023 high at $0.0566 before retreating to trade at $0.0527 at the time of writing.
A daily close above the 200-day EMA is critical to ensure the continuation of the uptrend, targeting first $0.07, and potentially stretching the bullish leg above $0.10. With selling pressure emanating from the 200-day EMA, the buyer congestion in the lower yellow band around $0.05 proves crucial in offering support, preventing GALA from plummeting to $0.04.
The downward trend in the Money Flow Index (MFI) indicator indicates that bearish volume has surpassed bullish volume. In other words, more people are selling GALA rather than buying it.
In such a situation, investors might want to be patient and wait for Gala's price to signal its next move before placing new orders. Remember, fighting the trend is futile.
Gala bulls can take new long positions as the price breaks above support at $0.05 (lower yellow band) – or the 200-day EMA if possible. However, if the selling pressure grows in the upcoming days, new entries should occur as GALA rebounds from the next support at $0.04.
Nevertheless, a drop below the support at $0.05 seems unlikely, especially now that the 50-day EMA (red) has crossed above the 100-day EMA (blue). This pattern underscores the bullish grip on Gala's price, which may eventually trigger another breakout to $0.1.
Alternative Cryptos to Buy
As investors seek crypto opportunities with substantial returns in 2023, it's advisable to keep an eye out for promising presales as additions to crypto portfolios. These rising projects can provide early-adopter benefits, rewarding investors upon their exchange listings.
Meta Masters Guild (MEMAG)
This innovative play-to-earn (P2E) project endeavors to appeal to a broad audience by offering free blockchain games, unlike existing platforms like Axie Infinity, The Sandbox, and Decentraland that necessitate users to invest in expensive NFTs before jumping in.
In this gaming ecosystem, gamers can earn money while enjoying their favorite games. Gems, an in-game currency that can be converted to MEMAG, will be used to reward players. Moreover, when Meta Master Guild launches, users will stake MEMAG tokens to earn additional revenue. In-game NFTs can also be purchased with gems, and players can cash out by exchanging their gems for other crypto tokens like ETH.
Meta Masters Guild (MEMAG) has been selling swiftly, with over $1.1 million raised in approximately three weeks. The initial round of presales sold out within a week. Currently, investors can purchase 1 MEMAG for $0.01, but the price will increase in the next round.
*Join Meta Masters Guild Now.***
Fight Out (FGHT)
The fitness industry has thrived due to blockchain technology in recent years, but numerous challenges persist, preventing fitness enthusiasts from reaching their full potential or earning from their efforts.
FightOut is a Move-to-Earn fitness app set to introduce an ecosystem that gamifies the fitness lifestyle. Unlike projects like STEPN, which require high initial investments in NFT purchases, FightOut removes barriers to entry by making the process affordable for all.
Fight Out on Twitter: "Attention #FightOutCrew! Our presale stage 1 ends TODAY! Join the Fight Out presale now before the price of $FGHT continues to increase! Don't miss out - Get up to a 50% bonus!"
Fight Out presale has garnered $3.28 million and continues to sell out rapidly; investors must act quickly before the price starts climbing in 12-hour increments.
*Join Fight Out Now.***
C+Charge (CCHG)
This emerging crypto project aims to make the enormous carbon credit industry accessible to general EV (electric vehicle) drivers. The carbon credit market is projected to reach $2.44 trillion by 2027, with Tesla dominating the space currently.
C+Charge allows EV drivers to earn carbon credits directly through a dedicated app. As it grows, the project intends to partner with EV manufacturers to ensure consistency between charging protocols.
C+Charge on Twitter: "Cycling and walking emit zero CO2 - TRUE! ? However, we believe that #EVmigration will achieve zero-emission goals with the expansion of green energy sources such as solar or wind in the near future. Join our presale and buy some $CCHG now ⬇️"
CCHG token powers the system, with EV drivers able to pay for charging services using it. Charging station owners will also be compensated with CCHG. C+Charge's presale is ongoing, with $373k raised from selling 1 CCHG for 0.013 USDT.
Join C+Charge Now.
Additional Articles:
- AGIX Price Prediction - The Dark Horse is Up Almost 300% This Month!
- The Next Big Thing in Play-to-Earn Crypto Gaming: Invest Now, Price expected to surge 30% Today (Meta Masters Guild)
- STEPN Price Prediction as GMT Soars 20% in a Single Day, Bulls Aim for a Break Above This Key Level
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In the rapidly evolving world of crypto, Gala, a top-performing play-to-earn blockchain token, experienced a 180% surge in just 30 days. With altcoins like Meta Masters Guild (MEMAG) and Calvaria (RIA) making waves, the bar for enjoyable blockchain games has been set high. Yet, Gala bulls should exercise patience and wait for the price to show a clear direction before placing new long positions, as the Money Flow Index (MFI) indicates that bearish volume is currently exceeding bullish volume.
Investors seeking alternative crypto opportunities for substantial returns in 2023 might want to consider Meta Masters Guild (MEMAG). This play-to-earn project allows gamers to earn money while playing free blockchain games, with MEMAG tokens staking rewarding investors upon the gaming ecosystem's launch.
Another promising project is Fight Out, a Move-to-Earn fitness app that gamifies the fitness lifestyle, eliminating initial investment barriers found in other projects like STEPN. The Fight Out presale has already gained substantial traction, raising $3.28 million and selling out rapidly as the price continues to climb.
Lastly, C+Charge, an emerging crypto project, aims to revolutionize the carbon credit industry by making it accessible to general EV (electric vehicle) drivers. C+Charge's presale is ongoing, and the project targets partnerships with EV manufacturers to ensure compatibility across charging protocols.
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