Gala Games, Plenty of upside potential - Long
Gala seems to be trading within a flag setup. At all different hourly intervals, it looks oversold. Many other fundamentals look good; Volume is even picking up a bit.
Support areas are strong and GGALA regularly makes big moves off support areas in short time periods. A look at the list of 'whales' shows little activity from them, if any, in relation to trading Gala; many received their coins when Gala was priced higher.
Consolidation has been going on for a bit after the last push above six cents. IMO, it's a steal at these prices and something to hold onto for years.
Gala Games has plenty of upside potential. They recently acquired Ember Entertainment and will begin onboarding Ember Entertainment mobile users to Web3. Ember Entertainment has several mobile games, which only add to Gala Games' already attractive portfolio. Gala plans to be the platform for web3 gaming; they understand mobile gaming is extremely important. They're making good moves, continuing to build, merge, etc.
*Important* - Cointelegraph headline - Gamers made up nearly half of all blockchain technology in January. Mobile gaming is almost 140B/year industry up 30B from last year (2022).
Gaming on web3 will be huge, who doesn't want to take in-game purchases after they're done with a game and trade or sell them?
*This is not financial advice. Added TPs and a stop loss just in case.
IF ETH & BTC drop significantly, Gala will, too.
Support areas are strong and GGALA regularly makes big moves off support areas in short time periods. A look at the list of 'whales' shows little activity from them, if any, in relation to trading Gala; many received their coins when Gala was priced higher.
Consolidation has been going on for a bit after the last push above six cents. IMO, it's a steal at these prices and something to hold onto for years.
Gala Games has plenty of upside potential. They recently acquired Ember Entertainment and will begin onboarding Ember Entertainment mobile users to Web3. Ember Entertainment has several mobile games, which only add to Gala Games' already attractive portfolio. Gala plans to be the platform for web3 gaming; they understand mobile gaming is extremely important. They're making good moves, continuing to build, merge, etc.
*Important* - Cointelegraph headline - Gamers made up nearly half of all blockchain technology in January. Mobile gaming is almost 140B/year industry up 30B from last year (2022).
Gaming on web3 will be huge, who doesn't want to take in-game purchases after they're done with a game and trade or sell them?
*This is not financial advice. Added TPs and a stop loss just in case.
IF ETH & BTC drop significantly, Gala will, too.
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