The post Top 2 Gaming Tokens For 100% Surge In December 2024! appeared first on Coinpedia Fintech News
Story Highlights
The Gaming tokens regain momentum, 5th best-performing category of the day.
The SAND token records a 2x surge this week and the GALA token bags 100% this month.
Technical indicators record increased bullish action, highlighting a higher price target.
The Gaming tokens have recorded a strong bullish recovery with top tokens recording a 3-digit surge this week. Notably, with a 24-hour trading volume of $5.69 billion (+13.19%), this category is currently valued at $29.19 billion with an intraday jump of 7.39%.
With the rising bullish sentiment, will SAND and GALA lead the Gaming category’s bullish rally this Altcoin season? You are a few minutes away from finding out the short-term possibilities of these two altcoins.
Sandbox (SAND)
Amid increased bullish recovery, the SAND price has jumped ~80% this week and 150.67% during the last 30 days. Moreover, with a market cap of $1.564 billion, it has secured the 66th position in the global crypto market.
TradingView: SAND/USDT
The Relative Strength Index (RSI) continues hovering above the overbought range in the daily time frame. Further, its average trendline displays a bullish rise. This suggests a positive outlook for the altcoin in the upcoming time.
If the bulls regain momentum, the SAND price may retest its upper resistance level of $0.80. On the flip side, a bearish pullback could result in the price testing its lower support level of $0.50.
Will the SAND price hit $1 this year? Find out now with CoinPedia’s Sandbox Price Prediction!
Gala (GALA)
The Gala price has surged 8.49% in 24 hours with a trading volume of $351.48 million. Further, it has added 38.71% over the last seven days and 90.67% during the past 30 days.
TradingView: GALA/USDT
The Simple Moving Average (SMA) constantly supports the GALA price chart in the 1D time frame. Moreover, with its MACD indicator recording a bullish price action, this altcoin may continue gaining value in the upcoming time.
Maintaining the price above its resistance level of $0.03975, this altcoin may head toward its resistance level of $0.05305. On the contrary, if the bears outrun the bulls, the GALA token may retest its support trendline of $0.02675.
FAQs
With an intraday jump of ~10%, the SAND price is currently valued at $0.6425.
The ATH of the SAND token is $8.44 and was recorded on 25th November 2021.
For the GALA token to achieve this price target, it will require a jump of 2,531% in its valuation.
