Gala Games (GALAUSDT) analysis📈📉
✳️Rank #64
ETH Token
Market Cap : 1,311,632,645$
Total Supply: 35,240,112,49
Circulating Supply: 6.98 B GALA ~ 20%❌risky📛
✅What Is Gala Games (GALA)?
Gala Games aims to take the gaming industry in a different direction by giving players back control over their games. Gala Games mission is to make “blockchain games you’ll actually want to play.” The project wants to change the fact that players can spend hundreds of dollars on in-game assets, and countless hours spent playing the game, which could be taken away from them with the click of a button. It plans to reintroduce creative thinking into games by giving players control of the games and in-game assets with the help of blockchain technology.
Players can own non-fungible tokens (NFTs) and influence the governance of games within the Gala Games ecosystem.
coinmarketcap -gala.games
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📈📉TECHNICAL ANALYSIS
The gala was able to grow by about 1,000% after a sharp climb in early November, but has started to correct since December and has fallen by about 80%.
It is currently trading below its Pivot Range box and above the Green Support Box. It may fluctuate between the two levels for some time. But if it can reach the top of its pivot, if it has the right volume, it can grow to resistance levels then it can lower the price or even exceed it depends on market situation . But if it loses the recent support area, it could fall to the lower support level of 0.236 Fibonacci.
🛑resistance levels: $(0.448 -0.48) /$0.678
🆚pivot zone: 0.22$-0.25$
❇️support levels: $(0.11-0.147 )//0.05$
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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