Gala Crypto Price Prediction: Gala Games May Retest $0.044 Soon

Summary:
• Gala Games Price Prediction: Gala crypto has outperformed most of the altcoins today. GALA/USD is up 5.75% on Wednesday.

Gala (GALA/USD) crypto price is among one of the biggest gainers today as Bitcoin price is trading above $28,000 once again. On Wednesday, crypto markets turned green after a major pullback at the start of the week due to CFTC’s lawsuit against Binance. Gala Games is 13.4% up from its weekly lows.

At press time native asset of GALA price is trading at $0.041 after gaining 5.75% during today’s trading session. This has even outperformed Bitcoin, which is up only 4.4%. Most other altcoins are also showing a positive price action as the global crypto market cap hits $1.23 trillion.

Gala Games Shines At GDC

The annual Games Developers Conference (GDC) took place in San Francisco this month. Gala Games also featured in the event that occurred from March 20 – March 24. Gala crypto price performed really well this month in anticipation of this event. In fact, the price soared by more than 70% within a week just before the event.

The President of the Gala Games, Jason Brink, shared the key takeaways after the conclusion of the GDC. According to the detailed thread, there were very few critics of the blockchain games at the event, as the majority were bullish on the future of web3 and NFTs. The Gala executive also thanked the industry veterans who connected with the project at the event.

Gala Crypto Price Avoids Lower Lows

The following GALA/USD chart shows that the price is accumulating below the key resistance level of $0.044. This level has also acted as a support and range lows in the past. The recent bounce from the 200-day moving average has put another retest of $0.044 on the cards. Another sign of strength is the fact that the price didn’t make a lower low on its daily chart during the recent pullback.

Gala crypto price prediction will become extremely bullish if the price reclaims $0.044. This might result in a bigger surge to $0.0585 or even $0.0726. Both of these levels are the range mids and range highs, respectively.