Best Game Tokens to buy for 100% boost this July!
The cryptocurrency market has shown strong progress after trading in a subdued mood for the past few days. In particular, the market price recorded a jump of more than 3% and successfully registered the mark of $57,000 in Bitcoin price.
Following this, Gaming Tokens showed a similar price trend with significant value additions to their respective portfolios. Are you planning to invest in these tokens to maximize your profits during the upcoming bull rally?
In this article, let's go over the top 4 gaming tokens that have the potential to generate huge returns in their respective portfolios over the next month.
FLOKI:
Floki's price recorded a roughly 10% jump in the previous day with a trading volume of $192.48 million. However, memecoin has lost 10.21% in the last seven days and is down 52.27% in the last month.
The technical indicator RSI continues to hover near the oversold region, indicating a weak sentiment for the price volatility in the crypto market. Additionally, the moving average shows a flat line, indicating uncertainty in future price action.
If the market pushes the price of the coin above the resistance level of $0.000149, the bulls will re-energize and prepare to test the upper resistance level of $0.000199. On the contrary, bearish price action could pull the price of Flocki towards its critical support level at $0.000101.
Notcoin (not):
Notcoin showed similar price action adding 6.59% to the portfolio in the last day. However, NOT is trading at a discount of more than 52% since its inception, highlighting a broad buying opportunity for investors.
The Moving Average Convergence Divergence (MACD) has recorded a steady decline in the red histogram, indicating increased buying pressure in the crypto space. Moreover, the averages show a high probability of convergence in the 1D time frame.
If the market continues to rise, the price of Notcoin is set to test the $0.0140 resistance level this month. However, if the bulls fail to take hold, the NOT price will drop to the critical support level of $0.00925.
Gala (Gala):
Continuation of the bullish price action in the kriptovalyutnogo market, the price of GALA increased by more than 11% on the previous day with a -52.01% change in its trading volume to $70.84 million. Moreover, the recent jump has successfully held the price above the critical support level.
The Relative Strength Index (RSI) has shown a bullish curve below the oversold range, indicating the possibility of a bullish reversal in the near term. However, the average registers a constant flat line, highlighting the mixed feeling.
If the market continues to trade on a positive note, Gala Token will be set to test the $0.3840 high resistance level in the coming weeks. On the negative side, if the bears beat the bulls, GALA price will fall below the critical support level this month.
Decentralized (MANA):
Following a bullish recovery in the cross-border payment system, MANA price rose 9.89% in the previous day with a trade volume of $47.806 million. However, the altcoin has lost 4.86% in the last seven days and 34.12% in the last 30 days.
The RSI indicator has successfully tested the oversold region. This price chart has recorded significant growth. Additionally, the average trend line is on the verge of showing a higher consolidation, which suggests a positive outlook for Decentraland's price in the near future.
If the market pushes the price of MANA coin above the resistance level of $0.3235, the bulls will continue to strengthen and test the upper resistance level of $0.4160. However, if the bears regain momentum, the Decentraland token will drop to a low of $0.2250.
