Ceremony Price Prediction: GALA surges 45%, but two top crypto YouTubers are very bullish on this new AI meme coin

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Gala price has increased 45% over the past 24 hours to trade at $0.04011, and trading volume has increased 67% to $499 million as of 12:05 AM EST.
Gala Games is a P2E project in the gaming blockchain that rewards players with its native utility token, GALA, which can be used to purchase items, conduct peer-to-peer transactions, and incentivize nodes.
Gala price is expected to enter a bull run and break out of the cup-with-handle pattern.
GALAUSDT analysis (Source: Tradingview.com)
Gala price is in an uptrend after a series of downtrends that were characterized by lower lows and lower highs. The support level of $0.01308 helped the bulls gather enough strength to push the price higher to recover the losses.
However, the $0.03613 resistance level caused a short-term price drop and the bulls showed resilience, taking control of the $0.02155 price level and pushed it above $0.04330 to establish an overall upward momentum.
Moreover, the price has formed a cup-with-handle pattern, which suggests that the bullish trend will continue. The price is currently trading above the neckline of the cup-with-handle pattern, which indicates that the bulls are in for a long-term bull run.
Technical indicators also support the price momentum. The strength of the bulls is reflected in their ability to fly the price above the 50-day and 200-day simple moving averages (SMAs). The moving average crossover at $0.02155 also confirms the bullish momentum.
The rebound off the $0.02155 support area helped the relative strength index (RSI) to trend up from the oversold zone to the overbought zone at 76, which shows a strong buying pressure on Gala’s price.
Gala price bulls are back in control and are expected to start a bull run above the $0.05092 high.
The bulls showed resilience at the $0.02155 support area, allowing the bulls to regain strength and push the price to recapture the April 2023 high of $0.05092 in a bull run. However, due to the presence of a cup-with-handle pattern, a further break above this level could lead the price to $0.6313.
However, if the bears step in, the price will inevitably correct and move back to the neckline of the cup-with-handle pattern at $0.03613, forcing the bulls to look for safe havens.
Meanwhile, as Gala continues its bull run, investors have shown great interest in the potential of Scotty AI, which combines AI technology with a cute dog-themed meme token.
Scotty AI is an AI-powered meme token that aims to protect investors from the growing cybercrime in the Web3 space. Due to its dog-themed nature and its usefulness in protecting investors from cybercrime, analysts say Scotty has the potential to become a top meme token.
This new AI token is going to be a blast when it launches.
Learn more in the YouTube video below
Buy the pre-sale here
https://t.co/zRmy4g8hfW
https://t.co/I24oqlAk5G
@ClayBro883
#memecoin
#bitcoin
#
pic.twitter.com/QsZvv7aBnI
– Scotty The Ai (@ScottyThe_Ai)
February 25, 2024
The project uses AI models to analyze code and identify potential security vulnerabilities. To achieve this, the project combines advanced machine learning techniques with useful applications such as Scotty Swap, a decentralized exchange that analyzes smart contract code to ensure security token transactions.
The project also uses Scotty Chat, a slick AI chatbot designed to help investors understand the expanding cryptocurrency industry and identify potential threats.
Scotty AI’s presale momentum is strong and is close to its $1,002,300 goal.
SCOTTY’s presale has raised over $944,000, quickly approaching its $1,023,000 goal. Currently in Phase 7, you can purchase SCOTTY at a discounted price of $0.00605 on the project’s official website.
ScottyTheAi #1
#memecoin
of 2024
Investors are taking advantage of low prices in Phase 7
Less than $150,000 left. Until the price rises in phase 8
⚠️It looks like Phase 7 will sell out days in advance, just like the previous phases.
Buy
$SCOTTY
Pre-sale:
https://t.co/zRmy4g8hfW
…
pic.twitter.com/2vfJDwdhtb
– Scotty The Ai (@ScottyThe_Ai)
February 27, 2024
You only need a compatible digital wallet to exchange your ETH, USDT, bank cards, BNB and MATIC. However, you need to buy quickly because the price of SCOTTY will increase in about 7 days.
With the help of AI technology, SCOTTY takes advantage of two of the hottest topics in the crypto market: meme tokens and AI cryptocurrencies. This is a key reason why YouTube analysts Michael Wrubel and Jacob Bury are so bullish on SCOTTY, believing that SCOTTY has the potential to explode when it launches.
Visit the official website to purchase SCOTTY tokens.
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