Gala

ApeCoin

Coin

<ul class="news-points"> 
 <li>Both APE and GALA decreased by double-digit figures in the last 30 days.</li> 
 <li>The CMF indicated equal buying and selling pressure for APE but the token can reclaim $1.13.</li> 
 <li>GALA showed signs of increasing upward momentum and may target $0.015.</li> 
</ul> 
In the last 30 days, <a href="https://coinedition.com/apecoin-ape-price-prediction/">ApeCoin (APE)</a> has had to deal with a 21.81% decrease in value. Another altcoin, Gala (GALA), also faced a similar situation. According to CoinMarketCap, GALA’s 30-day performance was a 30.39% fall, meaning that a lot of its holders have been coping with unrealized losses. 
However, both <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/">cryptocurrencies</a> may soon experience respite, according to a recent update from on-chain analytic firm Santiment. According to Santiment, GALA and APE, both remain underbought.&nbsp; This means that the cryptocurrencies could be trading below their actual potential worth. 
Due to the condition mentioned above, Santiment noted the negative returns could soon undergo a correction, and this could lead to upsides for APE and GALA. 
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 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Crypto</a> markets remain notably <a href="https://twitter.com/hashtag/underbought?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#underbought</a> on the monthly timeframe. Assets like <a href="https://twitter.com/search?q=%24GALA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$GALA</a>, <a href="https://twitter.com/search?q=%24APE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$APE</a>, <a href="https://twitter.com/search?q=%24MAGIC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$MAGIC</a>, and <a href="https://twitter.com/search?q=%24SRM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$SRM</a> are notables with particularly large negative trader returns, which should inevitabl…
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The post <a rel="nofollow" href="https://coinedition.com/why-ape-and-galas-downtrend-could-turn-profitable-soon/">Why APE and GALA’s Downtrend Could Turn Profitable Soon</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Why APE and GALA’s Downtrend Could Turn Profitable Soon

Coin Edition

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