Resistance

Daily

<ul class="list-ic vertical">
 <li><span>1</span> <a>GALA token surpassed the psychological round mark of $0.03000.</a></li>
 <li><span>2</span> <a>Buyers are attaining momentum and persisted in accumulating the token.</a></li>
</ul>
<p>GALA price continues to extend the momentum. The technicals reveal that the GALA token has sustained the gains and showed a V-shaped reversal from the lows of $0.01260, surging over 135% in recent weeks. Per the technicals, the ongoing reversal may extend, and GALA price will soon reach the swing high of $0.03100, followed by $0.03200.</p>
<p>GALA price has exceeded the key moving averages and witnessed a breakout on the chart. The token has marked a fresh higher high above the neckline burden of $0.0300 and sustained the gains above it. Additionally, the token has escaped the 50% Fibonacci retracement zone and is above the upper Bollinger band, demonstrating a breakout.</p>
<p>The live price of the GALA token is $0.03021, with an intraday gain of 7.40%, showing bullishness on the charts. Moreover, the trading volume increased by 37.03% to $1.21 Billion, exhibiting investors’ interest. However, the pair of GALA/BTC is at 0.000000724 BTC, and the market cap is $227.86 Million. Analysts have maintained a bullish rating and suggest a growth outlook for the upcoming sessions.</p>
<h2 class="wp-block-heading" id="strong-gala-displays-rising-channel-on-the-daily-chart-strong"><strong>GALA Displays Rising Channel on the Daily Chart</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1600" height="752" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-143.png" alt="GALA Price Prediction: GALA Registered Breakout Above $0.0300" class="wp-image-183172" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-143.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-143-300x141.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-143-1024x481.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-143-768x361.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-143-1536x722.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-143-750x353.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-143-1140x536.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: GALA Price Chart by TradingView
  </figcaption>
 </figure>
</div>
<p>On the daily chart, the GALA price has healed from the bottom mark of $0.01260 and revamped inside the rising parallel channel. The price action shows the higher highs formation, and the GALA token has now reached the bullish trajectory and trapped the sellers. Furthermore, the token has ended the correction and is now ready to skyrocket.</p>
<p>The RSI curve in the overbought zone near 70 displays a positive crossover, revealing the impressive performance of bulls.The MACD indicator shows a bullish crossover and formed green bars on the histogram, highlighting the outperformance for the upcoming sessions.</p>
<h2 class="wp-block-heading" id="strong-gala-on-weekly-chart-stepped-up-the-bullishness-strong"><strong>GALA on Weekly Chart Stepped up the Bullishness</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1600" height="752" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-142.png" alt="GALA Price Prediction: GALA Registered Breakout Above $0.0300" class="wp-image-183171" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-142.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-142-300x141.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-142-1024x481.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-142-768x361.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-142-1536x722.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-142-750x353.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-142-1140x536.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: GALA Price Chart By TradingView
  </figcaption>
 </figure>
</div>
<p>On the weekly chart, the GALA token has revamped from the lower trendline of the falling wedge pattern and indicated massive buying momentum in the past few sessions. Recently, the token has shown potential and continues to extend the gains without pausing, suggesting a positive outlook for the upcoming sessions.</p>
<h4 class="wp-block-heading"><strong>Summary</strong></h4>
<p><a href="https://www.thecoinrepublic.com/2023/12/04/ecash-price-prediction-can-xec-sustain-the-recent-price-hike/" target="_blank" rel="noopener noreferrer nofollow">GALA token</a> has registered a breakout and surpassed the psychological mark of $0.0300, revealing buying momentum on the chart. Moreover, the token is entering bullish territory and signals that the GALA token may persist in extending the gains and will soon reach the blue skyzone above $0.03500.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p><strong>Support Levels: </strong>$0.03000 and $0.02850</p>
<p><strong>Resistance Levels: </strong>$0.03200 and $0.03500</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto or stocks comes with a risk of financial loss.</p>

GALA Price Prediction: GALA Registered Breakout Above $0.0300

Table of Contents

Thecoinrepublic.com

Other articles published on Dec 5, 2023

First Investment in BlackRock Spot Bitcoin ETF Arrived! $100,000 Seed Fund Received!

Bitcoin Surpasses $44,000!

Crypto Investor Foresees Trillions in Capital Inflows with Ethereum ETF Potential

FTX and Alameda Research Transfer $10.8M to Binance, Coinbase, and Wintermute

How This Shiba Inu Trader Turned $8,000 Into $5.7 Billion

AI’s Role in Marketing: A Powerful Ally for Businesses

Join our free newsletter for daily crypto updates!