In recent days, the price of GALA has been on the rise, thanks in part to a highly publicized partnership with Hollywood stars Mark Wahlberg and Dwayne “The Rock” Johnson. This partnership helped boost the token price of Gala Games’ Web3 crypto game by an impressive 150% in the first 10 days of January alone.

However, the GALA price is currently experiencing a 9.25% decline for the day. Despite this minor setback, many investors are closely watching the cryptocurrency and making GALA price predictions for where it will go next as it goes through a normal period of pullback due to buyer exhaustion.

Gala Price Prediction and Technical Analysis

Exponential Moving Average (EMA) and GALA price

The current price is trading above the short- and long-term EMA, which suggests a bullish outlook for the longer-term future. Also, the recent crossover of the 20 day EMA with the 50 day EMA, with the 100 day EMA being the next potential target. It is considered a positive sign when the EMAs arrange in a bullish alignment, which can further affirm the uptrend.

How the Relative Strength Index (RSI) could affect the price of GALA

After trading at oversold levels for the past three days and hitting a high of 87.50, a pullback could see the RSI drop as low as 70 for potential price consolidation. At the time of writing, GALA RSI is at 76.21.

GALA Price Prediction and Moving Average Convergence Divergence (MACD)

GALA’s MACD is still in a bullish crossover position and has been for the past nine days. However, the indicator is still well above the zero line and with today’s open red candle, the histogram has indicated a slight decrease in the gap between the MACD and the signal line. In general, the bias of the MACD indicator remains bullish.

GALA Price Support and Resistance

After being rejected from the $0.04330 to $0.04442 resistance range for two consecutive days, the Web3 GALA crypto gaming token price is sitting at $0.03776 at time of writing, down 9.25% for the day.

Plotting a Fibonacci retracement level from the recent GALA swing reveals the potential support level that the price could bounce off. FIB 0.382 to $0.03733 is potential support, while FIB 0.5 to $0.03315 perfectly matches the resistance range of $0.03134 to $0.0383.

Alternative Crypto Web3 Game Project Worth Considering

In the world of blockchain-based gaming, Gala Games has been a well-known player for some time. However, recent market conditions have caused the price of its GALA token to fall, and there is certainly no guarantee that the price will return to its recent highs any time soon. As a result, investors may be on the hunt for new opportunities in the Web3 space that have yet to see the majority of their gains. One such project worth considering is MEMAG, the world’s first mobile-focused Web3 gaming guild.

Meta Masters Guild ($MEMAG)

Meta Masters Guild (also known as MMG) is on a mission to create high-quality blockchain-integrated mobile games that will form a decentralized gaming ecosystem, allowing members to earn rewards for their contributions.

The core of this ecosystem is a single currency, the Meta Masters Guild Token ($MEMAG), which will be used in all MMG games. In-game rewards called “Gems” can be converted to $MEMAG and players will have the option to cash out or reinvest into the ecosystem in various ways, according to the company document. The system is designed to incentivize players to invest both their time and money in the ecosystem, ensuring that they receive fair compensation for their investment.

A fun and sustainable gaming experience for Crypto Web3 Games

Fun is the top priority at MMG and the company is committed to not letting blockchain integration, tokenization and earning mechanisms get in the way of what really matters: a fun and interactive gaming experience for the player. .

Sustainability is another important aspect, creating a sustainable economic model requires a stable player base, and players need a fun and engaging game to keep playing.

MMG introduces Play and Earn (P&E) games in the Web3 crypto gaming space, whose goal is to provide high-quality, fun games that players will want to spend money on, and then provide them with opportunities to win back money and be compensated for the value. provide to the ecosystem. Unlike the flawed traditional play-to-win (P2E) concept where the focus is only on winning, P&E offers a holistic approach of playing and winning both.

By providing a high-quality, engaging gaming experience and a sustainable economic model, MMG hopes to attract and retain a large player base. As more players join the ecosystem, the value of the Meta Masters Guild token is expected to increase, providing even more earning opportunities for players.

Visit Meta Masters Guild Now

Ownership and Community at Crypto Web3 Games

One of the key features of the MMG ecosystem is that players actually own in-game assets. All in-game assets are proprietary, verifiable, and tradable on the Ethereum blockchain. This allows for decentralization of the ecosystem, which in turn increases the incentives for players to purchase these assets, since they know that these assets are 100% tradable, unalterable, and under their control.

Community involvement is also an important focus for MMG. Multiplayer games thrive in their community, and the company wants to make sure their community is with them every step of the way. Player voices will help shape future ecosystem developments and MMG will be proactive in engaging its community and involving them in decision making.

This approach helps create a strong sense of ownership and community among players, which is expected to further fuel the growth of the Meta Masters Guild ecosystem and token value.

Problems with the gaming industry

The gaming industry is one of the most predatory industries today. The big gaming corporations own the rights to all of our favorite titles, but often fail to make games to a proper standard. They employ predatory monetization techniques and make billions every year, while the core player base that makes these games so special sees none of this money coming back to them. These corporations tend to ignore feedback from their community even though the community is the foundation on which all great games are built.

MMG aims to fight these practices by creating a decentralized and fair ecosystem that puts the player first. They believe that an open in-game economy will significantly increase the amount of investment in a game and that web3 games will vastly eclipse traditional games in terms of the trade volume of their in-game economies. The MMG ecosystem is built on transparency, fairness, and community engagement, which is the opposite of predatory practices in the traditional gaming industry.

Upcoming Crypto Web3 Games at Meta Masters Guild

MMG is ready to release its first title Meta Kart Racers which is a PVP racing game made for mobile devices. Players will compete in the Meta Kart World Championship, where they can earn rewards in the form of gems, which can be converted into MEMAG.

The game features high-quality graphics, immersive gameplay, and a variety of unlockable characters and items. There are more games in the works, each of them will have unique features and gameplay style to cater to different types of audiences.

A New Era of Gaming Innovation for Crypto Web3 Games

Meta Masters Guild (MMG) is the future of gaming, a revolutionary concept that brings together high-quality mobile gaming and blockchain technology to form a decentralized gaming ecosystem. MMG allows players to earn rewards for their contributions and actually own and control in-game assets.

By prioritizing fun and sustainability, MMG is creating a fair, transparent and engaging gaming experience that puts players first. With the release of Meta Kart Racers and more games on the way, MMG is on its way to revolutionize the gaming industry.

Visit Meta Masters Guild Now