#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
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