Crypto for Gamers: Will $IMX, $BEAM, $GALA, $AXS, $EGLD See Action This Summer?

• IMX price retraced 8.14% this week, with support at $2.27.
• BEAM showed a 1.38% weekly rise, with a breakout from a falling wedge.
• GALA’s intra-day support was established at $0.04429, facing resistance at $0.04666.

As the summer gaming season heats up, so does the anticipation for action in the cryptocurrency markets, particularly within gaming-centric tokens. With gamers and investors alike looking for the next ample opportunity, cryptocurrencies like Immutable X ($IMX), Beam ($BEAM), Gala ($GALA), Axie Infinity ($AXS), and Elrond ($EGLD) are drawing attention.

Immutable ($IMX)

Despite a bullish month with the price rising 13% and fluctuating between a 30-day high and low of $2.61 and $1.85, Immutable (IMX) has retraced. This retracement is evident in the weekly chart, with IMX down 8.14% after failing to surpass the weekly high of $2.61. Moreover, in the last 24 hours, bears have dominated the market, managing to subdue price before support was established at an intra-day level of $2.27. 

On the IMXUSD price chart, the price of IMX has been in a recent downtrend, marked by a series of lower highs from Top 1 through Top 3 within a descending channel. D…

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