Gala Games Crypto Price Prediction November - Calvaria P2E Game Stronger Alternative?
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Gala Games token is kicking off today and has ravenously pumped over 15% in the last 24-hours. Is the play-to-earn sector paving its way to recovery?
According to Coinmarketcap Gala Games is now trading at $0.042 with a market capital of $297 million. Will Gala Games pump and what alternative options could be stronger for the remainder of 2022?
The vibrant and immersive Gala Games ecosystem is thriving today as the bulls manage to bring the price back up over $0.042.
It comes with no surprise that upon reaching a critical resistance of $0.0492 earlier today there has already been a retracement of roughly 13.1%.
As we can see the price of Gala Games soared all the way up to $0.049 and the daily candle now has a long wick attached to the body reflecting a great deal of selling pressure.
It is also worth noting another key data point from August where the price also got close to being overbought on the relative strength index, although, at the particular point the price was higher however had the same greedy sentiment surrounding it.
On the macro-scale Gala Games crypto is still trading in a giant falling wedge and has a key level of support at $0.03892 which it could back test one more time before potentially exploding.
A solid entry for Gala Games would have been around the 20th of October where the price was around $0.032 and was also momentarily over-sold on the relative strength index.
Now, retail traders might get tempted to FOMO and chase the green candles which could potentially lead to a big mistake.
Whilst Gala Games could deliver strong returns over the next few years (next
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