Web3 Gaming Startup, GFAL Raises $3.2M Seed Round
- GFAL Secures $3.2M Seed Funding:
- Web3 gaming startup GFAL closes a $3.2 million seed fund round.
- Funding made possible by Supercell's participation and industry experts Mitch Lasky and Heinrich Zetlmayer.
- Supercell's Involvement:
- Supercell CEO IIkka Paananen expresses excitement about the partnership with GFAL.
- Acknowledges previous collaboration and looks forward to the future achievements of GFAL.
- Funding Allocation:
- Money to be used for expanding GFAL's workforce and agile manufacturing process for mobile game projects.
- Soft launch of Elemental Raiders planned for March 2023.
- Expert Team:
- GFAL led by experts from companies like King Entertainment, Activision Blizzard, and Electronic Arts.
- Industry Impact:
- Supercell's entry into Web3 gaming space reflects growing interest from established players.
- Anticipation for innovative game experiences from GFAL with the new funding.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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