GALA Price Jumps Another 17% Today; Is The Bullish Trend Continuing?

On January 8th, the GALA coin price gave a decisive breakout from a seven-month-long falling wedge pattern. The post-breakout rally surged the altcoin to $0.544, registering an 81% gain in the last 10 days.

Timeline of Gala

On January 8th, the GALA coin price gave a massive breakout from the falling wedge pattern. This pattern displaces itself as two converging trendlines leading a downtrend until the prices break the overhead trendline.

Gala Games (CRYPTO: GALA) posted and then quickly deleted a tweet declaring a partnership with former-WWE star turned actor, and recent “Black Adam” star, Dwayne “The Rock” Johnson, saying it was posted by mistake. On Jan. 9, blockchain gaming platform Gala tweeted a big announcement regarding a project with Johnson.

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.

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.