Decentraland

Immutable

Axie Infinity

The post <a href="https://coinpedia.org/price-analysis/top-5-gaming-tokens-to-buy-next-week/">TOP 5 Gaming Tokens To Buy Next WEEK!</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a> 
As the crypto market marks another bearish week, the buyers are desperate for a reversal to avoid another crash. Amidst all this ruckus, the gaming tokens are slowly preparing for a trend reversal with a bounce back next week.&nbsp; 
With many altcoins in the gaming sector starting a reversal, the overall sector recovery is ready for a bull run.&nbsp; 
So, be ready to channel the growth in the gaming sector and find out which coins will be breaking new heights. So, here are the top 5 gaming tokens that could be the top gainers next week.&nbsp;&nbsp; 
Immutable (IMX) 
As a Layer-2 solution on Ethereum, Immutable is growing in popularity and is trending amongst the altcoins. However, the ongoing pullback in the IMX price tests the bullish dominance at the 50-day EMA, reflecting a strong correction.&nbsp; 
<figure class="wp-block-image">
 <img decoding="async" width="1600" height="755" src="https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-102.png" alt="" class="wp-image-262927" srcset="https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-102.png 1600w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-102-300x142.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-102-1024x483.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-102-768x362.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-102-1536x725.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-102-150x71.png 150w" sizes="(max-width: 1600px) 100vw, 1600px">
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Currently, the IMX price shows a pivotal juncture at play to decide the price trend of the coming week. The possibility of a double-bottom reversal above the crucial 38.20% Fibonacci level can result in a bullish week. Further, the lack of volume support for the ongoing pullback increases reversal chances.&nbsp; 
If bulls manage a reversal, the IMX price can reach $2.50, accounting for a 30% jump.&nbsp; 
Axie Infinity (AXS) 
Marking a recovery in the last few months, the AXS price trend sustains an uptrend in the daily chart. However, the recent pullback fractures the support trendline in action and warns of a downfall.&nbsp; 
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 <img decoding="async" width="1600" height="755" src="https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105.png" alt="" class="wp-image-262931" srcset="https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105.png 1600w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105-300x142.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105-1024x483.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105-768x362.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105-1536x725.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105-150x71.png 150w" sizes="(max-width: 1600px) 100vw, 1600px">
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Despite the trendline under tension, the AXS price is reflecting a potential morning star pattern ready to restart the uptrend. Moreover, the support from the 38.20% Fibonacci level can be crucial for this bounce back.&nbsp; 
Hence, a potential jump can drive Axie Infinity to a 30% jump to the $10 mark.&nbsp; 
Sandbox (SAND) 
Despite being a metaverse and gaming token, the SAND price has been under stress for the past few weeks. Further, the altcoin maintains a declining trend in the daily chart and challenges the dynamic support of the 200-day EMA.&nbsp; 
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 <img decoding="async" width="1600" height="755" src="https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-104.png" alt="" class="wp-image-262929" srcset="https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-104.png 1600w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-104-300x142.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-104-1024x483.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-104-768x362.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-104-1536x725.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-104-150x71.png 150w" sizes="(max-width: 1600px) 100vw, 1600px">
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However, the bullish reversal possibility is arising with a double bottom forming at the 200-day EMA. Further, the lower price rejection candles at the 50% Fibonacci level bolster the reversal possibility.&nbsp; 
Optimistically, the buyers can break the overhead resistance trendline this week. This could lead to a breakout rally to test $0.62. 
Decentraland (MANA) 
Similar to Sandbox, Decentraland shows a pullback phase but the buyers are able to hold off the downfall at the 200-day EMA. Further, the lateral shift shows a potential reversal with a bullish divergence present in the daily RSI line.&nbsp; 
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 <img decoding="async" width="1600" height="755" src="https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-103.png" alt="" class="wp-image-262928" srcset="https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-103.png 1600w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-103-300x142.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-103-1024x483.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-103-768x362.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-103-1536x725.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184021/image-103-150x71.png 150w" sizes="(max-width: 1600px) 100vw, 1600px">
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With a consolidation between the 50-day and 200-day EMA, the MANA price is ready for a breakout trend. Hence, with a high probability of a high momentum breakout trend next week, the MANA price can reach the $0.56 mark.&nbsp; 
GALA (GALA) 
In resonance with the potential recovery in the crypto market next week, the GALA price will start a high-momentum breakout rally. Further, the bullish demand increased at the 61.80% Fibonacci level, teasing a potential bull run.&nbsp; 
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 <img decoding="async" width="1600" height="755" src="https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105.png" alt="" class="wp-image-262930" srcset="https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105.png 1600w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105-300x142.png 300w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105-1024x483.png 1024w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105-768x362.png 768w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105-1536x725.png 1536w, https://image.coinpedia.org/wp-content/uploads/2024/01/20184022/image-105-150x71.png 150w" sizes="(max-width: 1600px) 100vw, 1600px">
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Similar to most of the other coins, the RSI divergence in the GALA token increases the trendline breakout possibility. In such a case, the altcoin highlights a buying opportunity at the current price and projects a potential bounce to $0.030.

TOP 5 Gaming Tokens To Buy Next WEEK!

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