Gala price analysis is highly bullish for today as the buying momentum has been continuously growing today. The GALA/USDT pair is currently trading at $0.03715 and is making a strong move towards the next resistance level at $0.03926, if it manages to break above this level, then it might reach as high as $0.04 in the near future.
The coin has also gained more than 66.30% over the past 24 hours and is currently trading in a range of $0.02333 and $0.03926 in the last 24 hours.
The bullish momentum is primarily driven by the increase in volume of trading and demand for GALA tokens. According to data from CoinMarketCap, the 24-hour trading volume of the crypto is currently at $963 million, with more than 464% increase from the previous day. In terms of market cap, GALA has a market cap of $260 million and is currently ranked at #97 on CoinMarketCap list of cryptocurrencies.
The daily Gala price analysis confirms a bullish trend for the market as the price covered an upward movement in the past 24-hours. The buyers are in control of the market and if they maintain the current momentum, then we could see a surge in GALA price towards the upcoming resistance levels.
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Source: Cryptocurrency - investing.com
