Resistance

<ul class="list-ic vertical">
 <li><span>1</span> <a>GALA crypto’s previous price structure has shown good performance in the last week, and three months.</a></li>
 <li><span>2</span> <a>The GALA crypto asset price action is showing bullish characteristics and can move further.</a></li>
</ul>
<p>The GALA crypto asset is showing bullish power and upward potential as its price is getting closer and trying to break major 20, and 50-Day EMAs from below after taking support at $0.02045.</p>
<p>The technical tools for the GALA crypto asset are showing bullish power as MACD crossed the signal line from below and formed a bullish crossover with a widening gap. Meanwhile, the histogram is at 0.00012273 which is the difference between both MACD and signal lines, which are at -0.001294 and -0.001417 respectively.</p>
<p>The RSI is at 40.18 which is above 14-SMA which is at 39.13, thus indicating that the GALA crypto asset is moving towards a positive zone and can rise further up. The space will widen as the space will be large after crossing the 50 level on the RSI indicator.</p>
<p>Moreover, the GALA crypto asset price action is showing bullish characteristics and can move further. As its previous price structure has shown good performance in the last week, and three months by 3.24% and 14.52%, respectively.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1549" height="866" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-598.png" alt="Will GALA Crypto Continue on The Overall Bullish Trend?" class="wp-image-190833" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-598.png 1549w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-598-300x168.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-598-1024x572.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-598-768x429.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-598-1536x859.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-598-750x419.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-598-1140x637.png 1140w" sizes="(max-width: 1549px) 100vw, 1549px">
  <figcaption class="wp-element-caption">
   Source: GALA/USD: BITFINEX.1.D. by TradingView
  </figcaption>
 </figure>
</div>
<p>At the time of writing, the GALA crypto price recorded a 0.70% drop in the last 24 hours, trading at $0.02251 and the overall trend seems bullish from the last three months and the fall seems like a correction.</p>
<p>In addition, the GALA crypto has shown a sign of recovery as the price trying to bounce back from a key level by staying above $0.02045 on the chart.</p>
<div class="wp-block-image">
 <figure class="aligncenter"><img loading="lazy" decoding="async" width="1549" height="866" src="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-597.png" alt="Will GALA Crypto Continue on The Overall Bullish Trend?" class="wp-image-190832" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-597.png 1549w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-597-300x168.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-597-1024x572.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-597-768x429.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-597-1536x859.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-597-750x419.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2024/01/image-597-1140x637.png 1140w" sizes="(max-width: 1549px) 100vw, 1549px">
  <figcaption class="wp-element-caption">
   Source: GALA/USD: BITFINEX.1.D. by TradingView
  </figcaption>
 </figure>
</div>
<p>Therefore, if the demand rises with great force the GALA crypto price could rebound quickly toward testing the supply region again. In the likely bullish rally scenario, the next target for the price could be to reach $0.02917.</p>
<p>However, if the GALA crypto price fails to stay above the $0.02045 level, it could fall sharply.</p>
<h3 class="wp-block-heading" id="strong-summary-strong"><strong>Summary</strong></h3>
<p><a href="https://www.thecoinrepublic.com/2024/01/30/nfp-crypto-analysis-is-it-worth-investing-in-nfp-token/" target="_blank" rel="noopener noreferrer nofollow">GALA price </a>highlights the bullish sentiments and perspectives regarding the crypto asset in the daily time frame. The RSI and EMAs suggest and portray bullish signs regarding the GALA price. On top of that, if the demand rises with great force, the GALA crypto price could rebound quickly toward the supply region again.</p>
<p>Moreover, the technical parameters of the GALA price suggest the continuation of the uptrend, reliant on the buyer’s surge, over the daily time frame chart. The GALA price action highlights a bullish view at the time of publishing, as it recently attempted to surge from a crucial level.</p>
<h3 class="wp-block-heading" id="strong-technical-levels-strong"><strong>Technical Levels</strong></h3>
<p><strong>Support Levels</strong>: $0.02045</p>
<p><strong>Resistance Levels</strong>: $0.02917</p>
<h4 class="wp-block-heading"><strong>Disclaimer</strong></h4>
<p>In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.</p>

Will GALA Crypto Continue on The Overall Bullish Trend?

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