GALA/USD Jumps Northward; Price Touches $0.048 Level

The Gala price prediction may continue to show a bullish movement if the market could rise above the $0.050 resistance level.

Gala Prediction Statistics Data:

• Gala price now – $0.048
• Gala market cap – $335.4 million
• Gala circulating supply – 6.9 billion
• Gala total supply – 35.2 billion
• Gala Coinmarketcap ranking – #120

GALA/USD Market

Key Levels:

Resistance levels: $0.060, $0.065, $0.070

Support levels: $0.035, $0.030, $0.025

GALA/USD has been showing some positive movements over the past few days as the market spikes above the 9-day and 21-day moving averages. Apart from this, the Gala price is likely to cross above the upper boundary of the channel and traders can expect the price to continue to rise as soon as this is done.

Gala Price Prediction: GALA/USD Shoots to the North

The daily chart shows that the Gala price is creating a new positive trend; the market price will experience a bullish continuation above the upper boundary of the channel which could touch the resistance level of $0.050. Similarly, the technical indicator reveals Relative Strength Index (14) crosses above the 60-level as this may locate the potential resistance levels at $0.060, $0.065, and $0.070 in the long term.

However, if the Gala price maintains the bullish movement, traders may witness additional bullish trends in the coming trading sessions. Meanwhile, a bearish breakdown may likely play out for this market if the Gala price withdraws back below the moving averages, and this could roll the coin back to the long-term supports at $0.035, $0.030, and $0.025.

Against Bitcoin, the Gala price follows the bullish movement as the coin moves to cross above the upper boundary of the channel. However, if the pair touches the resistance level of 180 SAT, the market could release more bullish pressure as the technical indicator Relative Strength Index (14) moves to cross into the overbought region, which indicates that more bullish signals are going to play out.

On the contrary, if GALA/BTC slides below the 9-day and 21-day moving averages, it could bring the coin to the nearest support at 135 SAT, and any further bearish movement could lower the price to the support level of 125 SAT and below. Nevertheless, if the coin continues to follow a bullish movement and crosses above the upper boundary of the channel, it could hit the resistance level at 195 SAT and above.

Gala Alternatives

The Gala price keeps the bullish movement as the coin breaks higher to make a gain of 11.14%. However, the crypto is keeping its price above the 9-day and 21-day moving averages, the traders can expect the Gala to prepare itself steadily for a ride toward $0.055. Meanwhile, instead of sharing your opinion with your friends just for the sake of it, investing in Love Hate Inu will give you the opportunity to earn. The investors will have the right to vote on the topics they feel strongly about and will be rewarded for it.  However, the token has raised almost $5m in the ongoing presale.

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