Gala Games (GALA) recently made headlines as GALA’s price surged by almost 60% in one day after an announcement that they’ll be partnering with actors Dwayne ‘The Rock’ Johnson and Mark Wahlberg in producing films for their ecosystem.
The partnership also includes Gala Music and Gala Films as part of the Gala ecosystem. Gala Games also discussed potential future uses for the blockchain in the film industry, such as putting QR codes on movie tickets and for digital item redemption via platforms such as Netflix.
Gala has seen a 124% increase over the past four days and is currently trading at $0.04157, with an additional 2.64% increase on the day at the time of writing. Can the cryptocurrency move further to the upside all the way to $1? Just how high can the GALA’s price go from here?
Gala Price Prediction and Technical Analysis
Exponential Moving Average (EMA) and GALA’s Price
After the GALA consolidated above the 50-day EMA for a couple of days, the price had an explosive bounce on January 8 breaking out from the resistance range of $0.02385 to $0.02469 and 100-day EMA resistance, closing with a 47.58% gain for the day.
As of writing, GALA’s price is trading above the short to long-term EMAs which suggests that the bias for the immediate future is bullish. Furthermore, the 20-day EMA is attempting to cross the 50-day EMA. A bullish alignment of EMAs is the next target for the cryptocurrency. This could further confirm its bullish momentum and is likely to create another higher high.
How Relative Strength Index (RSI) Could Impact GALA Price
In recent days, the cryptocurrency GALA has seen a significant increase in value, with its RSI trading in oversold levels for the past three days. Despite this, the price of GALA has dipped slightly, wicking off of the resistance range of $0.04330 to $0.04442.
Additionally, the volume of GALA traded has been relatively low compared to the last two days. This could indicate that a retracement for GALA may be due in the next couple of days.
GALA Price Prediction and Moving Average Convergence Divergence (MACD)
On January 2, a bullish crossover was observed on GALA’s charts. This pattern, which is characterized by the separation between the faster moving average and the slower moving average, has been consistently growing, as measured by its histogram.
Additionally, the MACD line together with the signal line has crossed over the zero line, providing further indication of the potential bullish trend.
Support and Resistances of GALA Price
After consolidating above the 50-day EMA, GALA has surpassed plenty of resistance levels in a span of 3 days after eventually experiencing some resistance around $0.04330 to $0.04442. With the GALA price retesting this level earlier this day and eventually getting rejected, a buyer’s exhaustion may be occurring and a retracement may be due.
Key levels to watch out for are the support level of $0.03882 to $0.03945 where the price could potentially bounce for the next couple of days. The immediate resistance range is $0.04330 to $0.04442.
Other Cryptocurrencies to Invest In
In the wake of a hopeful cryptocurrency market recovery in 2023, investors are turning their attention to a selection of promising altcoins set to hit exchanges this year. Among the standouts are D2T, FGHT, RIA, and TARO. Savvy investors are taking advantage of the current presale prices and positioning themselves for potentially lucrative gains in the future.
Dash 2 Trade (D2T) Dashes Towards Presale Close
Dash 2 Trade, a new cryptocurrency trading platform set to launch in February, is poised to revolutionize the way traders interact with their investments. The platform boasts a wide range of features that give users complete oversight and control over their investments, as well as a host of resources and a community that will help traders make informed decisions.
With Dash 2 Trade, novice traders have access to the information they need to make smart choices and learn, while more experienced and new investors alike can utilize automated trading with exchange APIs and improve their strategies. The platform’s token presale scoring system also provides investors with early insight into some of the most promising tokens on the market.
Other key features of Dash 2 Trade include real-time sentiment surveillance, automated tools, and powerful analytics. The platform also benefits from a strong following from the start, thanks to its parent company, Learn 2 Trade, which already boasts an international membership base of over 70,000 traders. The team behind Dash 2 Trade will also actively seek customer feedback to ensure a smooth user experience.
Dash 2 Trade’s presale has already exceeded expectations, raising over $15.4 million. The platform is now offering up to an additional $2 million worth of tokens as it counts down to its last few hours of the presale. Investors wanting to take a position on the project before it hits the public markets such as Gate.io will need to act fast.
Fight Out (FGHT) Will Pack a Punch in Fitness Industry
Fight Out, an innovative new mobile application and gym chain, is set to revolutionize the fitness industry with its unique approach to encouraging users to live an active and healthy lifestyle. The company is introducing a cutting-edge, NFT-based avatar system that allows users to monitor their progress in real time and compete for rewards as they reach their fitness goals.
In addition to the app, Fight Out will be launching the first of its pioneering Web3-integrated gyms later this year. These state-of-the-art facilities will feature an array of amenities such as fitness stations, health bars, studios, and co-working spaces for members to use. The gyms will also include cutting-edge technology such as “mirrors” that allow users to bring their digital fitness profiles into real life and gain insights into their workouts. Fight Out has also partnered with seasoned boxers and other renowned athletes to offer exclusive events and workout sessions at its gym locations.
The Fight Out app will also offer users customized workout plans developed by experienced health experts, as well as performance analytics and progress monitoring tools to help them achieve their fitness goals. Users will also have the opportunity to share inspiring stories and connect with others through the app’s community features.
The company has already raised nearly $2.66 million during its FGHT token presale, and is backed by prominent organizations such as LBank Labs, Cryptonews.com, Transak and BlockMedia Labs, which are providing financial and operational assistance to support the project. Investors who buy FGHT today can enjoy up to a 50% bonus during the presale at its ground floor price.
Fight Out’s unique approach to fitness, which combines fun, community, and technology, is poised to drive the adoption of Web3 technologies and incentivize users to live an active and healthy lifestyle. The company is now ready to bring it to market, with innovative solutions to the fitness industry that is sure to shake it up and make a difference.
Calvaria (RIA) to Bring Battle Cards to Mobile
Strategy gamers of all experience levels have a new mind-sharpening experience to look forward to with the launch of Calvaria: Duels of Eternity, a crypto-based strategy game that immerses players in an afterlife-themed realm. Unlike other collectible card games, Calvaria features 3D imagery on its cards, creating a more immersive gaming environment, and is also available to play on mobile via iOS and Android devices.
In the game, players will assemble their own deck of unique character cards and battle against others, with victorious players being rewarded with eRIA tokens to use in Calvaria’s peer-to-peer marketplace. The marketplace will offer a large variety of cards for constructing strategies and players can sell extra cards to upgrade existing characters or acquire new ones. With the rewards earned in battle, the possibilities for strategizing are endless.
Calvaria is also launching a free-to-play version, gifting new players with a starter deck. As players dive deeper into the adventure, they will be able to measure how much eRIA currency they would have acquired if playing in Calvaria’s Play-to-Earn mode, thus encouraging players to sign up for the play-to-earn version and helping them enter the world of Web3 gaming.
Investors are also taking notice, as evidenced by the $2.7 million raised in presale for the game’s token so far, as it quickly approaches its goal of $3 million. With its unique features and smart approach to gaming, Calvaria: Duels of Eternity is poised to become the next big thing in crypto-based strategy gaming.
RobotEra (TARO) Looks to Bring Gamers to Web3
An intriguing new building game, RobotEra, is set to hit the market in the coming year. The enthralling play-to-earn (P2E) metaverse game will allow gamers to embark on fantastic quests and restore the devastated planet of Taro from a catastrophic event. The game will feature user-friendly tools that even novice players can use to construct NFT-based robots with ease, or trade them for TARO tokens in RobotEra’s marketplace.
One of the key selling points of RobotEra is the freedom it will give players to unleash their creativity and explore an enchanting world where their imagination is the only limitation. RobotEra will take metaverse building and Web3 gaming to new heights by delivering augmented reality (AR) and virtual reality (VR) into the mix as well.
This heightened level of immersion is expected to create a captivating world-building experience for players, and also has potential to help players generate additional income through AR/VR asset development. The game will allow players to participate in quests and contribute to the in-game economy to earn rewards.
The presale of RobotEra has generated $697K in sales thus far, and it is narrowing in on the $1 million mark.