Top 2 Gaming Tokens For 100% Surge In December 2024!
Story Highlights
- Gaming tokens regained momentum, becoming the fifth best-performing category of the day.
- The SAND token soared 2x this week, and the GALA token rose 100% this month.
- Technical indicators suggest an increase in bullish action, highlighting higher price targets.
Gaming tokens have recorded a strong bullish recovery, with top coins recording triple-digit surges this week. Notably, the category has a 24-hour trading volume of $5.69 billion (+13.19%) and is currently valued at $29.19 billion, up 7.39% intraday.
As bullish sentiment rises, will SAND and GALA lead a bullish rally in the gaming category this altcoin season? In just a few minutes, you can discover the short-term possibilities for both altcoins.
Sandbox (SAND)
SAND prices are up around 80% this week and 150.67% over the past 30 days, driven by a bullish recovery. Additionally, it ranks 66th in the global cryptocurrency market with a market capitalization of $1.564 billion.
The relative strength index (RSI) continues to hover above overbought territory on the daily time frame. Furthermore, its average trendline shows a bullish rise. This indicates a positive outlook for altcoins in the coming period.
If the bulls regain momentum, SAND price may retest the overhead resistance at $0.80. On the other hand, a bearish pullback could lead to the price testing lower support at $0.50.
Will the price of sand hit $1 this year? Find out now with CoinPedia Sandbox Price Prediction!
Gala (GALA)
Gala prices soared 8.49% in 24 hours, with a trading volume of $351.48 million. Furthermore, it has increased by 38.71% in the past 7 days and by 90.67% in the past 30 days.
The Simple Moving Average (SMA) continues to support the GALA price chart on the 1D time frame. Furthermore, this altcoin is likely to continue to increase in value in the coming period as its MACD indicator records bullish price action.
Sustaining the price above the $0.03975 resistance, the altcoin is likely to move towards the $0.05305 resistance. Conversely, if the bears outweigh the bulls, the GALA coin may retest its support trendline at $0.02675.
FAQ
SAND prices rose about 10% intraday and are currently valued at $0.6425.
The ATH of the SAND token was $8.44, recorded on November 25, 2021.
For the GALA token to achieve this price target, its valuation would need to rise by 2,531%.
