Why $0.07 Breakout Could Trigger A 55% Rally In GALA Price?

The GALA/USDT chart shows the formation of a rounding bottom pattern in the daily time frame chart. The coin price is currently at the midline stage of this pattern called the accumulation phase.

Timeline of Gala

While several cryptocurrencies have significantly recovered in the past two months, the GALA price struggles to escape its consolidation phase. This range of barriers is spread from $0.07 to $0.046.

Gala, a pioneer in the blockchain entertainment and music industries, has just released Gala Film. The main advantage of Gala Film is that it uses the same blockchain technology as Gala Music and Gala Games, allowing users to “Watch and Earn” by watching movies and TV shows.

Jackson, WY, USA, 11th August, 2022, Chainwire Gala, one of the leading innovators in blockchain gaming and music, has announced the launch of Gala Film. This new vertical from the world-leading Web3 company continues the brand's commitment to providing fans with unique opportunities to enrich their experiences coupled with amazing programming and exciting projects.

[PRESS RELEASE – Please Read Disclaimer] Gala, the successful blockchain gaming and music platform have announced the launch of Gala Film. The new platform continues the brand's commitment to providing fans with unique opportunities to enrich their experiences with levels of involvement only possible through Web3.

Jackson, USA, 9th August, 2022, ChainwireAnnounce Partnership With Stick Figure Productions to Distribute Four Down Executive Produced by Dwayne Johnson and More Gala, one of the leading innovators in blockchain gaming and music, has announced the launch of Gala Film. This new vertical from the world-leading Web3 company continues the brand's commitment to providing fans with unique opportunities to enrich their experiences coupled with amazing programming and exciting projects.

The GALA prices shoot up with a double bottom breakout and a high possibility of a bullish crossover in the EMAs. Thus, the uptrend breaks above $0.060 and prepares to reach the overhead resistance of $0.069 as the buying pressure increases for the gaming token.

Quick Take The go-to-market strategy of Gala Games is to become a one-stop shop and entry point for Web2 game developers to enter the Web3 gaming space. The relationship between GALA and the game-specific tokens is solely linked through Gala Power, which will be implemented across all of its games to increase the utility of GALA. This research piece will explore Gala Games as a game publisher, including its onboarding strategy, a case study of its flagship game, Town Star, and a brief overview of its metaverse VOXverse. This piece is the second part of the Gala Games two-part series. Introduction to Gala Games can be found in Part 1 .   

Be[In]Crypto takes a look at the five cryptocurrencies that decreased the most last week, more specifically from July 8 to July 15. The post GALA Falls To New Yearly Low: Biggest Weekly Losers appeared first on BeInCrypto.

The descent of the cryptocurrency market has raised concerns among investors. People who came into the crypto space looking for earning opportunities are now feeling pressure to sell their digital assets. But instead of selling, smart investors are searching deeper into the market for cryptos that are defying the downward pull of the market. From …

Gala Games is a virtual currency that is currently well-positioned to develop and profit from the upcoming trend in the metaverse. It is a play-to-earn gaming platform with a user-friendly integrated shop. In its shop's built-in enterprise market, it contains all the amenities. Besides, the big community, Gala does have the authority to choose the …