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The Gala V2 token has moved to the second position on today’s list of daily crypto movers. The token’s price action has gained upward momentum of 8.59%, significantly advancing towards the $0.02500 mark.
Key GALA Statistics:
Current Gala V2 Value: $0.02270
Gala V2 Market Cap: $582,937,436
Circulating Supply of GALA: 157,023,768
Total Supply of GALA: 50,000,000,000
Gala V2 CoinMarketCap Ranking: 75
Key Price Levels:
Resistance: $0.02270, $0.02350, and $0.02450
Support: $0.02200, $0.02100, and $0.02000
Gala V2 (GALA) Gains Considerable Volatility
The current session in the Gala V2 market has seen significant participation, indicating potential further momentum. The Bollinger Bands indicator now shows an upside trend due to the increased traction in price movements.
Additionally, the Relative Strength Index (RSI) indicator has just displayed an upward crossover as the price action broke above the $0.02000 threshold, suggesting ongoing momentum development.
GALA Stays in Pursuit of the $0.02400 Threshold
Aligned with the observed developments in the daily market, GALA market activity maintains an upside focus. The latest session, as shown in the price chart, positions the token right above the $0.02000 mark, with the token’s price at $0.02266. The token is trading above the middle band of the Bollinger Bands indicator.
Although the RSI lines have entered the overbought zone, a minor downward correction in the ongoing session has initiated a bearish correction in the RSI line. Nonetheless, there remains some space between the RSI, indicating that bulls still have the potential to drive the price of the Gala V2 token towards the $0.02400 mark.
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