GALA price action shows a retest phase of the broken trendline that hints at a post-retest reversal that may surpass the $0.10 mark. Key technical points: The GALA price action shows a retest of the broken resistance trendline. In addition, the price action shows a high likelihood of a price jump above $0.10. The 24-hour trading volume of Gala Games is $534 Million, indicating a hike of 200%. Past Performance of GALA GALA prices showcase a long-term downtrend within a bearish expanding channel pattern lasting for the past two months. The downfall started in April after facing opposition near the $0.27 mark close to the crucial EMAs resulting in a dip to $0.060 where a V-shaped reversal starter with a morning star pattern. However, the bullish reversal failed to surpass the psychological mark of $0.10, resulting in a diagonal trend that eventually overtook the resistance trendline. Source- Tradingview GALA Technical Analysis The GALA prices showcase a bullish breakout of the resistance trendline and retest the broken trendline. Moreover, the retest candle shows a lower price rejection that increases the chances of a bullish reversal that may surpass the $0.10 barrier. The crucial daily EMAs (50, 100, and 200-days) fall in a bearish alignment which indicates a long correction phase. Furthermore, the MACD and the signal lines show an upward trend. Moreover, the increase in buying pressure can be seen in the rising trend in bullis...
XRP Price Prediction For 24 November
