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GALA Price Prediction: GALA Plunges 10% as Analysts Say This AR/VR ICO Could Be the Best Cryptocurrency to Invest in Right Now.

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Gala prices have plummeted 10% in the last 24 hours. Traded for $0.04169 As of 7:05 a.m. EST, trading volume was down 22% to $207 million.

Gala price signals a bullish trend reversal

Gala price is showing signs of a reversal after a long period of decline since reaching a high of $0.08714. A double bottom pattern is forming, suggesting a shift to a more positive trend. A bullish candle near the $0.04318 level could push the price above the current resistance level.

Gala PriceGala Price

GALAUSDT Analysis by Tradingview

Bulls found support around $0.03997, giving them a chance to recover and recover their losses. Overall, Gala price is showing an upward trend after reaching the support level of $0.0281, especially the bulls are gaining strength trying to push the price higher around $0.0360.

Looking at technical indicators, we can see that the 50 and 200 simple moving averages (SMAs) on the 4-hour chart are trading below the price. However, the moving average crossover at $0.0237 confirms the overall upward movement.

The relative strength index (RSI) has fallen, but is showing signs of rebounding from the oversold level of 30, which is currently at 41. As momentum increases, RSI will rise past the midline of 50 and back into overbought territory.

Gala Price Bulls Ready for Another Bull Rally

Gala price growth appears poised for another upswing. The recent green candle at $0.04318 suggests a possible reversal forming a double bottom pattern. If things go as expected, this could spark a bullish rally and potentially push the price above $0.07281 in the coming weeks.

Conversely, if the bears continue to push, the bulls may find refuge around $0.04053.

an attractive alternative

Meanwhile, investors are turning to buying as Gala traders prepare for a bullish rally. 5SCAPE, Pre-sale volume recently exceeded $5 million.

5SCAPE is the first AR/VR mixed reality crypto platform that aims to revolutionize the gaming industry by combining blockchain technology and virtual reality (VR).

The project has already garnered significant attention, raising more than $5.1 million in presales and attracting the attention of industry analysts who predict significant growth potential.

The team is dedicated to creating VR games that work seamlessly on well-known VR headsets such as Oculus Rift and Meta Quest 3 to maximize market penetration.

Earn more by playing and staking

As part of 5SCAPE EcosystemToken holders will have exclusive access to premium VR content and devices, including exclusive VR headsets and gaming chairs.

Additionally, the staking mechanism provides in-game advantages, lifetime free access to the 5SCAPE ecosystem, and early access to new VR content and community interaction.

5thScape’s Play-to-Earn feature gives investors the opportunity to generate passive income by participating in Web3 games such as MMA Cage Contest, Thrust Hunter, Immersive Kickoff, and Archery Master.

The price of 5SCAPE token is $0.00327. The price will increase in about 6 hours, so act now if you’re interested.

You can purchase 5SCAPE on the official website here, Use ETH, MATIC, USDT, BNB or your bank card.

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