#Gala token recently demonstrated resilience at $0.044, bouncing off the $0.039 support level amidst significant volatility.
#Gala price faced selling pressure, dropping to 200-day moving average after reaching $0.0867 peak on March 10, 2024.
Gala's price has been met with resistance from a descending trendline, indicating dominance by sellers in the market.
Recent days have witnessed approximately a 35% decline in Gala's price, largely influenced by resistance from the trendline.
In the daily timeframe, GALA has formed a descending triangle pattern, finding support at the 200-day exponential moving average.
The recent 14% surge in Gala token price over 24 hours suggests a potential bullish rebound in the upcoming week.
If the market manages to surpass the $0.0475 resistance level, it could trigger bullish momentum pushing the price towards $0.0585. Post Bitcoin Halving, GALA may target $0.07 next week.
Conversely, if bears dominate, Gala's price could drop to $0.020 this month, testing crucial support levels.
As per Coin Gabbar analysis, GALA Price Prediction 2030 is anticipated to reach roughly $2.50, while GALA Price Prediction 2040 might skyrocket to $10.
KEY LEVELS :
RESISTANCE LEVEL : $0.05000-$0.5800
SUPPORT LEVEL : $0.03300-$0.02300
Disclaimer: Coingabbar's guidance and chart analysis on cryptocurrencies, NFTs, or any other decentralized investments is for informational purposes only. None of it is financial advice. Users are strongly advised to conduct their research, exercise judgment, and be aware of the inherent risks associated with any financial instruments. Coingabbar is not liable for any financial losses. Cryptocurrency and NFT markets could be highly volatile; users should consult financial professionals and assess their risk tolerance before investing.
$GALA #Megadrop #bitcoinhalving #Token2049 #BullorBear @Binance Research @CZ @Binance Square Official @
