Gala Games (GALA) caused a stir in the press recently as the price of GALA soared nearly 60% a day following the announcement of a new partnership with movie stars Dwayne “The Rock” Johnson and Mark Wahlberg.
The deal comes as Gala Games now aims to make films for its ecosystem which now includes Gala Music and Gala Films. In a discussion on a potential integration of blockchain technology into the film industry, Gala Games mentioned the mechanisms under development. For example, applying a QR code to movie tickets and being able to redeem virtual rewards on streaming platforms like Netflix.
Gala has enjoyed a 124% increase over the past 4 days and is currently trading at a price of $0.04157 with a further 2.64% increase in the day prior to this writing. Can this cryptocurrency initially oriented towards the crypto-gaming sector explode and cross the $1 mark? If this threshold could be crossed, how much could the GALA price go up?
GALA Price prediction and technical analysis
Exponential moving average (EMA) and GALA price
After GALA consolidated above its 50-day EMA for a while, the price of the crypto-asset suffered a blowout on Jan. 8 that broke the resistance zone between $0.02385 and $0.02469. Furthermore, the 100-day resistance of the EMA was also breached, rising by 47.58% on the day.
GALA price is currently trading above its short-term and long-term EMAs, suggesting an immediate future with bullish momentum. We also observe that the 20-day EMA seems to want to cross the progression of the 50-day EMA. This EMA alignment is particularly bullish and appears to be the next target for the cryptocurrency.
How can the Relative Strength Index (RSI) affect the price of GALA?
The GALA cryptocurrency has enjoyed a slight rally over the past few days, with its RSI index in the overbought zone for the past three days. Despite this, GALA price fell slightly, dropping the resistance level from $0.04330 to $0.04442.
Additionally, GALA volume has remained relatively low over the past two days. This could indicate a retracement in the coming days for the crypto-asset.
Moving Average Convergence and Divergence (MACD) and GALA Price Prediction
On January 2, a bullish cross was observed on the GALA chart. This pattern, characterized by the separation between the fastest moving average and the slowest moving average, has steadily progressed as it evolved.
Also, the MACD line and signal line crossed the zero curve, providing another indication of the potential uptrend.
GALA support and resistance levels
After consolidating above the 50-day EMA, GALA broke through several resistance levels over three days after hitting a light barrier around $0.04330 and $0.4442. GALA price action returned to test this price zone earlier in the day, but this move was ultimately rejected as buyer fatigue could present resulting in a retracement.
The checkpoints to watch the most are $0.03882 and $0.03945, as this is a support zone that could potentially move over the next few days. The immediate resistance level is located between $0.04330 and $0.04442.
Other cryptocurrencies that may offer a high return on investment
On the cusp of a potential market regeneration in 2023, investors are turning their attention to a selection of altcoins scheduled to hit the exchanges in the coming months. The projects that stand out the most are D2T, FGHT, RIA and TARO.
Savvy investors are taking advantage of current pre-sales and positioning themselves for potentially big gains in the future.
Click 2 Exchanges (D2T)
Following a pre-sale that yielded incredible results with over $15 million raised in just a few months, Dash 2 Trade has just listed its D2T token on exchanges.
Dash 2 Trade is a new trading platform set to launch in February and aims to revolutionize the way traders interact with their investments. The platform has a large number of features such as technical indicators or market sentiment analysis, which allow users to have better control over their investments.
With Dash 2 Trade, novice and professional traders have access to all the information they need to make the most informed choices. Furthermore, it is also possible to execute auto trading strategies and test them in a suitable environment in order to be able to evaluate their performance without any risk. The platform’s scoring system, called Dash Score, is also a central point in the project’s functionality.
The platform benefits from a large community that revolves around a previous project made by the development team, the name of this project is Learn 2 Trade and has a community of nearly 70,000 users including 40,000 traders.
Do not hesitate to consult the Chirping from Dash 2 Trade and join the project on Discord and Telegram. You can also visit the official site by clicking on this link.
Fight Out (FGHT) is about to cause a stir in the fitness industry
Fight Out is a crypto project that brings together a smartphone app with a chain of gyms and looks set to revolutionize the entire fitness industry with its unique and innovative approach. Using blockchain technology, the company introduces an NFT-based virtual avatar system and allows the user to analyze their progress live. This as well as allowing him to compete and earn rewards as his sporting achievements evolve.
In addition to this smartphone application, Fight Out will launch the first of its gyms integrating Web3 technology later this year. These dedicated sports and fitness spaces will also serve as studios and co-working spaces for community members. In addition, special mirrors will be available that will integrate cutting-edge technologies, capable of allowing users to see their virtual sports profile and have a detailed analysis of their training programs.
Fight Out has established several partnerships with international sports stars such as boxers and other famous athletes. They will be responsible for offering exclusive training programs and participating in the promotion of the company.
The Fight Out app will also provide users with personalized training plans developed by health experts, as well as performance analysis tools to help them achieve their fitness goals. Users will also have the ability to share inspiring stories and connect with each other through the app’s community features.
The company has already raised more than $2.66 million during the presale of its FGHT token, and has the backing of major crypto players such as LBank, Transak, and BlockMedia Labs, who are providing financial and operational assistance to support the project. Investors buying FGHT today can enjoy up to 50% bonus on their total purchase.
Fight Out’s unique approach to fitness combines fun, community and of course technology to improve the physical well-being of its users. The company is preparing for its arrival on the markets in a future that today seems ever closer.
Check out the Fight Out project site now
Calvaria (RIA): the new trading card game on the blockchain
Investors and strategy game aficionados alike currently have their eyes on the release of Calvaria: Duels of Eternity. This is a new crypto game project with a theme of death and fantasy realms. Unlike many trading card games, Calvaria features 3D visuals on its cards to provide a more immersive environment, as well as offering a playable version on Apple and Android smartphones.
In the game, players assemble their own deck of cards to engage in battles against each other and earn rewards in the form of RIA Tokens. These tokens can be used on the market platform integrated into the project, it will be possible to find on it a wide range of cards that offer a large number of building and strategy possibilities.
Calvaria will also launch a free-to-play version and offer new players a starter pack. As players progress through the adventure, they will become aware of the number of RIA Tokens they could have acquired had they played Calvaria’s play-to-earn mode, which will ultimately encourage a large percentage of players to transition between the two game modes. It will also help bring users new to cryptocurrencies into the Web3 gaming industry.
With its unique approach and impressive art direction, Calvaria: Duels of Eternity is shaping up to be the new blueprint in the world of trading card and strategy-focused cryptocurrency games.
Click here to visit the Calvario website
RobotEra (TARO): the Web3 management system that will make a sensation
RobotEra is a new management and building game scheduled to launch next year, it is a metaverse-focused project with earn-for-game mechanics that will allow players to earn rewards and embark on epic missions to restore the ravaged planet of Taro.
The game will offer all the tools necessary for users to easily and efficiently build robots based on an NFT system, the latter being itself associated with a market platform integrated into the project on which it will be possible to spend TARO tokens to acquire better equipment or special robots.
One of RobotEra’s strengths is the degree of freedom it offers to its users, which allows them to unleash all their creativity and explore new possibilities, the only limit in creating their future robot is their imagination. Finally, RobotEra will also integrate augmented reality (AR) and virtual reality (VR) into its project.
The RobotEra pre-sale has raised just over $697,000 so far and is quickly heading towards the $1 million mark.
Visit the RobotEra website now