Bitcoin

Gala

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/exploring-the-latest-trends-in-gala-coin-and-bitcoin-prices/" data-wpel-link="internal">Exploring the Latest Trends in GALA Coin and Bitcoin Prices</a> 
<a href="https://coin-turk.com/gizemli-mezarlarin-altindan-bitcoin-madencilik-donanimi-cikti" data-wpel-link="internal">Bitcoin</a> price decline has accelerated again, falling from $67,000 back to $63,000. We might see rises in specific altcoins, but there is a general sense of unease about a new battle in the cryptocurrency space. GALA Coin could stand out positively during this period. Let’s now take a look at the latest situation in the popular crypto project in the GameFi sector. 
<h2 style="text-align: justify" id="gala-coin-commentary">GALA Coin Commentary</h2> 
The price of Gala, an <a href="https://coin-turk.com/shiba-coin-yakimi-ne-zaman-doggy-daonun-ilk-asamasini-aciklandi" data-wpel-link="internal">altcoin</a>, dropped about 28% within 48 hours and became a victim of heavy selling like other altcoins. Despite the sharp drop in price, the courage of major investors in the whale group has not been broken. Addresses holding between $1 million and $10 million worth of GALA Coin are seeing an increase in their holdings. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-340459 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/gala-coin-balinalari.png" alt="" width="1352" height="853"> 
According to current data, this whale group has accumulated $160 million and continues to maintain a strong stance. The total asset value held by the large whale group has climbed to $504 million. 
On the other hand, current MVRV data also suggests that it might be a good time to accumulate GALA Coin. The MVRV ratio measures investor profit/loss. Gala’s 30-day MVRV at -21% indicates that investors might start buying. Historical data shows that MVRV levels between -14% and -24% have triggered accumulation waves that led to price increases. 
<h2 style="text-align: justify" id="gala-coin-price-prediction">GALA Coin Price Prediction</h2> 
Gala price rebounded from a support of $0.039 to $0.044 and could see further increases due to the reasons mentioned earlier. <a href="https://coin-turk.com/onumuzdeki-gunlerde-bu-3-altcoine-dikkat-buyuk-artis-gelebilir" data-wpel-link="internal">Altcoin</a> could initiate a movement targeting the support and resistance of the falling wedge it was in before the crash. The technical aspect points to a potential resistance at $0.065. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-340460 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/04/gala-coin-grafik.png" alt="" width="1918" height="813"> 
If the expected recovery begins, a 43% rebound in price is likely. However, if optimism wanes before Gala price surpasses $0.050, a harsher drop scenario could emerge if the $0.039 level is lost. 
Upcoming statements indicate that tensions in the Middle East could escalate further, making it difficult for bulls to maintain a positive scenario. As <a href="https://en.coin-turk.com/u-s-sec-may-approve-spot-bitcoin-etfs-soon/" data-wpel-link="internal">Bitcoin</a> price fluctuates around $62,700, investors might hit the sell button as Israeli missiles target Iran. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/exploring-the-latest-trends-in-gala-coin-and-bitcoin-prices/" data-wpel-link="internal">Exploring the Latest Trends in GALA Coin and Bitcoin Prices</a></h5>

Exploring the Latest Trends in GALA Coin and Bitcoin Prices

Indice dei contenuti

COINTURK NEWS

Altri articoli pubblicati su 15 apr 2024

Top 7 Altcoin Picks Amidst Crypto Market Turmoil

Bitcoin Halving’s High Stakes: Miners Face $10 Billion Revenue Hit

The 3 Most Critical Altcoins for the Crypto Bull Run

Navigating the Waters of Bitcoin's Halving 2024: Expert Insights and Strategies

Ethereum network cracks, but whales start to gather: Will it be enough?

AI Takes on ‘Red Dead Redemption II’: A Groundbreaking Study

Iscriviti alla nostra newsletter gratuita per aggiornamenti giornalieri sulle criptovalute!