Gala V2 Steadily Resumes an Upside Trajectory
Login

Gala V2 Steadily Resumes an Upside Trajectory

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more



Gala V2 tokens have secured the second spot on the daily crypto movers list, with a price increase of 6.75%. Furthermore, its price action indicates a steady rise following a minor downward correction. Let’s delve deeper into this market for additional insights.

Key GALA V2 Statistics:
Current Gala V2 Value: $0.02481
Gala V2 Market Cap: $640,320,579
Circulating Supply of GALA: 25,922,440,754
Total Supply of GALA: 27,951,434,130
GALA CoinMarketCap Ranking: 54

Key Price Levels:
Resistance: $0.02481, $0.02550, and $0.02700
Support: $0.02400, $0.02300, and $0.02200

Gala V2 Steadily Resumes an Upside Trajectory

Gala V2 Heads Upwards

Price action in the Gala V2 daily market rebounded off the uppermost limit of the Bollinger Bands indicator about six trading sessions ago. Despite facing a minor setback, this token has been gradually recovering.

It is evident that trading activities in this market are occurring above the middle band of the Bollinger Bands indicator. With the price action returning to an upside trajectory above this mark, it indicates a potential continuation of the upward trend. Moreover, the Stochastic Relative Strength Index (RSI) indicator lines have recently delivered a bullish crossover in the oversold region. Technically, all indications suggest that this token’s price is heading higher.

Gala V2 Steadily Resumes an Upside Trajectory

GALA Buyers Are Very Responsive

In the GALA 4-hour market, buyers swiftly countered bears with a sharp upside retracement following the losses in the  session. Consequently, the ongoing session has pushed prices above the middle limit of the Bollinger Bands.

This significant profit has triggered a bullish crossover in the RSI indicator. Both the leading and lagging lines are approaching convergence above the 40 marks of the indicator. In summary, technical indicators suggest that price activities are likely to receive additional momentum towards the $0.02800 mark.

Buy GALA on eToro

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News