Top 3 Gaming Tokens That Have the Potential to Skyrocket in 2022

Amid increased bullish sentiment in the crypto market, the BTC price has added 3.39% to its portfolio with a 24-hour high of $58,041.

As the crypto market experiences increased bullish sentiment, the BTC price has surged by 3.39%, reaching a 24-hour high of $58,041. This price action has also benefited top altcoins, with many tokens recording a double-digit surge.

On the other hand, gaming tokens have also experienced a similar price trend, showing a strong bullish bounceback. This has left investors wondering what’s next for gaming tokens as the market regains momentum and whether it's the right time to invest in them.

To address these concerns, we have compiled a list of the top 3 gaming tokens that could potentially experience a massive price surge in the near future.

Floki (FLOKI) Price Analysis

In response to the bullish reversal in the crypto market, the FLOKI price has surged by 3.49% over the past 24 hours, reaching $0.000157 with a trading volume of $163.58M. Additionally, it has increased by 5.89% over the past week and has generated a YTD return of 262.24%, highlighting a sustained long-term bullish influence in the crypto space.

The EMA 50/200-day has flattened out consistently. Moreover, it hints at a potential Golden Cross, indicating increased buying pressure for the altcoin in the crypto market. A bullish breakout could see it heading toward its upper high of $0.000214 this month. Conversely, a trend reversal could pull the price toward its crucial support trendline of $0.000101.

Beam (BEAM) Price Analysis

Following a period of weak price action, the Beam price has surged by 7.89% over the past 24 hours. Despite recording a YTD return of -23.78%, this altcoin has gained significant traction over the past few days, indicating a rising bullish sentiment for the altcoin in the market.

The RSI indicator has recorded a sharp rise toward the mid-point with a bullish convergence in its BEAM price chart. Moreover, the SMA shows a similar action, suggesting a positive outlook in the coming time.

If the market pushes the price above its resistance level of $0.013525, the BEAM price will prepare to test its upper high of $0.021475 during the upcoming weeks. On the flip side, if the bears regain momentum, the price may plunge toward its new yearly lows.

Apecoin (APE) Price Analysis

Defying the market trend, the APE price has added 11.04% within the past day and 37.56% over the past week. Moreover, with a monthly surge of 35.56%, it has secured the 109th position with a market capitalization of $495.87 Million.

The MACD indicator has experienced a significant rise in its green histogram with a rising pattern in its averages. Moreover, with the EMA 50-day acting as a support, the Apecoin price indicates an optimistic outlook this week.

If the bulls continue gaining momentum, the APE price will reclaim the $1 mark and head toward its resistance level of $1.30 in the coming time. However, a bearish action could pull the price toward its crucial support level of $0.540.