GALA is a cryptocurrency which has been making waves in the web 3 world and is slowly increasing its presence in the industry. Developed by game developers and other industry leaders, GALA is using blockchain technology to revolutionize the gaming industry. Apart from being a medium of exchange inside the GALA Games ecosystem, GALA is being used by players to purchase in-game items, compete in competitions and earn rewards. They have also simplified the onboarding process to make entry easier for their users and have even partnered with OpenSea to facilitate their NFT collections. Recently, GALA formed a partnership with Huboi Globals which plans to work together to further advance Web 3 projects and improve the underlying on-chain security.

At press time, GALA has a market cap of $286 million and is ranked 126th in the crypto verse. Although the volume of the asset price has seen a decline of 8% on an intraday session, it continues to trend in a consolidated pattern. Weekly technical charts hint at a weak consolidation while the daily charts show that GALA is currently trading close to 0.04. It is further supported by a 2729% returns on investment which is expected to see further growth in the upcoming future. Resistance of GALA can be seen close to 0.05 while the support level can be seen around a reporting value of 0.025. Currently, the RSI of GALA is near 50 and its line is exhibiting no slope. This suggests a neutral sentiment for its future.

Looking ahead, numerous industry experts are expecting a bright future for GALA given its current plans and partnerships. Furthermore, its price is also likely to be propelled further given the major support and resistance levels set at $0.02 and $0.06 respectively. We could even see the coveted 0.1 mark being achieved by GALA in the next couple of years .It should be noted that price predictions are best guesses and should be conducted after taking financial advice. Nevertheless, GALA’s journey in the financial market looks promising and there is much to look forward to.



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