GALA Price Explodes By 101%; Will It Surge More Ahead?

GALA Price News: GALA price has risen by 26% in the last 24 hours as the crypto market registers a broad recovery. However, the recent price surge is the direct result of the back-to-back updates from the Gala Games.

Timeline of Gala

Key Points: The price of GALA shot up by 68 percent after Gala Games announced that it had worked with “The Rock” and Mark Wahlberg. The creators of Gala Games recently made an announcement regarding a relationship with the well-known stars Dwayne Johnson (also known as “The Rock”) and Mark Wahlberg.

For many years, Gala has worked closely with the walking dead empires, but now they are also planning to buy all of their possessions. However, Gala Games is now planning to get every Walking Dead franchise title on their blockchains as a result.

GALA, the native token of the non-fungible token (NFT) gaming project, has recently seen significant bullish price action. The token moved independently during these periods, with larger cryptocurrencies barely catching up on this massive rally.

In response to a falling wedge pattern, the Gala token price witnessed a directional downfall for the past eight months. During this fall, the coin prices have reverted from the pattern converging trendline multiple times, indicating the traders are actively responding to this pattern and would do the same for its potential target.

The crypto market is in another full recovery mode and bitcoin has since crossed the elusive $17,000 price level. However, while the largest digital assets in the space are seeing a lot of green, one underdog is taking the space by storm.

Gala price had been trading within bearish captivity for quite a long time, though out the year 2022. The token quickly gained bullish momentum and broke the crucial $0.28 levels in the past few hours.

Gala price rises to the helm of crypto recovery with a 56% move to $0.03759. The metaverse token has shocked market participants with its trading volume jumping by 495% to $992 million in 24 hours. Intriguingly, the optimistic outlook for GALA seems intact and might even carry on as the day's trading progresses.

GALA Price News: The gala token has surged by a massive 60 percent in the last 24 hours. It happens after the developers disclosed a significant partnership with The Rock and a change in its business model, the Gala price made an amazing comeback.

Gala Games Crypto Price Prediction: The GALA coin price falling under the influence of two converging trendlines showcased the formation of a wedge pattern in the daily time frame chart. Though this pattern is currently carrying a downtrend, in theory, it is marked as a bullish continuation pattern.

The gaming industry is the most popular segment in the entertainment industry with 3.2 billion gamers enjoying video games on their screens. With the emergence of concepts like metaverse and web3, people are taking more interest in the sector.