The post Will GALA Crypto Slips From Bears Grip? appeared on BitcoinEthereumNews.com.

GALA crypto (USD: GALA) price is in an uptrend, trading near the resistance level of $0.02332166. Buyers are aiming to break through the obstacle and achieve a new high. GALA crypto has soared more than 73.67% in the last month. The price trading above the key moving averages indicates bullishness. The price action indicates that GALA crypto has broken above the multiple tops, showing the strong force of the bulls who kept making long positions. At press time, GALA crypto was trading above the key moving averages, showing bullishness on the charts. Moreover, the intraday trading volume is 234.452 Million. The market cap of GALA crypto is 600.058 Billion. The oscillators are currently indicating that the price is overbought. The investors are optimistic regarding the upcoming week’s performance. GALA crypto price has seen a good increase of about 24.42% over the past week and an excellent gain of 73.67% over the past month. However, the crypto has not performed well over the longer term, as it has given a nominal return of 1.63% over the past three months, and about -24.07% over the past six months. The crypto’s performance throughout the year has been good, with a year-to-date incline of about 39.75%. Technical Analysis of GALA Crypto Price in 1-D Timeframe Source: GALA.1D.USD by TradingView GALA ( USD: GALA) has steadily seen its crypto price rise for the past three months, gaining 1.63% and 73.67% in the last month. Currently, GALA crypto has been trying to hold on to this level after an unexpected surge in price. If it can keep this level, the GALA price could continue to go up and reach the first and second targets of $0.02640759 and $0.03576896. However, if the GALA price cannot maintain this level and falls, then it might hit the closest support…

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Filed under: News - @ November 12, 2023 7:02 pm