GALA/USD Spikes Up, Price Touches $0.053 Resistance

According to the daily chart, after touching the daily low of $0.038, the Gala price prediction touches a new daily high of $0.053.

Gala Prediction Statistics Data:

• Gala price now – $0.052
• Gala market cap – $358 million
• Gala circulating supply – 6.9 million
• Gala total supply – 35.2 million
• Gala Coinmarketcap ranking – #86

GALA/USD Market

Key Levels:

Resistance levels: $0.070, $0.075, $0.080

Support levels: $0.030, $0.025, $0.020

GALA/USD is trading at $0.052 after confirming a daily uptrend and climbing toward the upper boundary of the channel. The Gala is making a triumphant return above the 9-day and 21-day moving averages as the coin could touch a new daily high above the channel in the next positive direction.

Gala Price Prediction: Gala (GALA) Ready to Gain More Uptrends

As the daily chart reveals, the 9-day moving average is confidently above the 21-day moving average. The Gala price is likewise trading at the resistance level of $0.052, which connotes that buyers are gaining upper hand in the market. Moreover, the technical indicator Relative Strength Index (14) is currently moving within the overbought region, giving more buy signals.

Meanwhile, if buyers should be able to push the price above the upper boundary of the channel and the daily candlestick closes above it, GALA/USD may rally towards the resistance levels of $0.070, $0.075, and $0.080, while the supports could be located at $0.030, $0.025, and $0.020 respectively.

When compares with Bitcoin, the Gala price is moving tremendously and could cross above the upper boundary of the channel. However, if the Gala price continues with the bullish movement above the 9-day and 21-day moving averages, its price may swing high above the channel to touch the resistance level of 350 SAT and above.

On the contrary, if the Gala price slides below the 9-day and 21-day moving averages, it could lead to the support level of 150 SAT and below. Nevertheless, the technical indicator, the Relative Strength Index (14) signal line is within the overbought region, suggesting more bullish trends.

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