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Top 4 Gaming Tokens That Could Skyrocket During the Upcoming Bull Rally

王林
Release: 2024-07-16 05:46:50
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The cryptocurrency market has displayed a bullish bounce after trading under a bearish sentiment for the past few days. Notably, the market valuation has

Top 4 Gaming Tokens That Could Skyrocket During the Upcoming Bull Rally

The cryptocurrency market displayed a bullish bounce after days of bearish sentiment. The market valuation rose over 3%, with Bitcoin reclaiming the $57,000 mark.

In line with this, gaming tokens also showcased a promising price trend, adding significant value to their respective portfolios. If you're considering investing in these tokens to maximize profits during the upcoming bull rally, this article highlights four top gaming tokens with the potential for substantial gains in the coming month.

Floki (FLOKI) price recorded a jump of nearly 10% in valuation over the past day, with a trading volume of $192.48 Million. However, the memecoin showed a loss of 10.21% over the past seven days and a plunge of 52.27% over the past month.

The technical indicator, RSI, continues to hover close to its oversold range, indicating a weak bullish sentiment for Floki price in the crypto market. Furthermore, the average shows a flatline, suggesting uncertainty in future price action.

If the market pushes the Floki coin price above the resistance level of $0.000149, the bulls will regain momentum and prepare to test its upper resistance level of $0.000199. Conversely, bearish price action could pull the Floki price toward its crucial support level of $0.000101.

Notcoin (NOT) price displayed a similar price action, adding 6.59% to its portfolio within the past day. However, the NOT price is currently trading at a discount of over 52% since its inception, highlighting a massive buying opportunity for its investors.

The Moving Average Convergence Divergence (MACD) recorded a constant decline in the red histogram, highlighting an increase in the buying pressure within the crypto space. Moreover, the averages show a high possibility of a bullish convergence in the 1D time frame.

If the market continues to gain momentum, the Notcoin price will prepare to test its resistance level of $0.0140 this month. However, if the bulls fail to hold power, the NOT price will plunge toward its crucial support level of $0.00925.

Gala (GALA) price surged over 11% over the past day, with a change of -52.01% in its trading volume to $70.84 Million amid ongoing bullish price action in the cryptocurrency market. Moreover, with the recent jump, it has successfully held its price above its crucial support level.

The Relative Strength Index (RSI) displayed a bullish curve below the oversold range, indicating a high possibility of a bullish reversal in the coming time. However, the average records a constant flatline, highlighting a mixed sentiment.

If the market continues to trade under a bullish sentiment, the Gala token will prepare to test its upper resistance level of $0.3840 during the upcoming weeks. Negatively, if the bears overpowered the bulls, the GALA price will plunge below its crucial support level this month.

Decentraland (MANA) price jumped 9.89% within the past day, following the bullish recovery in the cross-border payment system, with a trading volume of $47.806 Million. However, the altcoin showed a loss of 4.86% within the past seven days and 34.12% over the past 30 days.

The RSI indicator retested its oversold range successfully. This resulted in the price chart displaying a sharp uptrend. Furthermore, the average trendline is on the verge of displaying a bullish convergence, suggesting a positive outlook for the Decentraland price in the coming time.

If the market pushes the MANA coin price above the resistance level of $0.3235, the bulls will continue to gain momentum and test its upper resistance level of $0.4160. However, if the bears regain momentum, the Decentraland token will plunge toward its low of $0.2250.

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source:kdj.com
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