Many altcoins have gone bullish since BTC latest ATH.
While certain altcoins have already pumped over 200% some are just getting started.
Analyst sets 3 pump targets for GALA price in the coming months even after a 93% pump.
Over the last couple of days, Bitcoin (BTC) has been trading between $95,000 and $99,000 since its recent all-time high (ATH) of $99,655. This steady momentum fuels strong optimism that the highly anticipated $100,000 milestone is just days away. Thus, market sentiment remains firmly in the ‘Extreme Greed’ zone.
Altcoins Show Promising Growth as BTC Winds Up
Meanwhile, altcoins are experiencing a significant resurgence. After a prolonged wait, several well-established altcoins. These include ADA, XLM, XRP, VET, and VTHO which have all posted impressive gains since Bitcoin's last ATH just shy of $100,000. Analysts believe these long-standing bullish altcoins will pump further and keep a watchful eye on newer altcoins with high pump potential.
To highlight, one such altcoin that is showing incredible potential for explosive gains in the coming weeks and months is Gala (GALA). This popular altcoin is presently standing at $0.039 according to CoinMarketCap data with a total market cap of $1,415,147,988.66 and a 24-hour trading volume of $695,035,043.64.
GALA Aims to Hit 3 Bullish Targets
https://twitter.com/SolbergInvest/status/1860403079662727170
GALA set its previous ATH at $0.83 three years ago and based on the post above, the analyst believes an optimistic target of $0.84 requires strong market momentum. Despite this, the analyst sets 3 targets for GALA price at $0.21, $0.27, and $0.31 as conservative, realistic, and bullish targets for the altcoin.
All in all, the analyst concludes that GALA price is finally going bullish after a major price drop. Following these signs of recovery, the analyst hopes to see the price of GALA pump to new heights in this ongoing bull cycle. Indeed, with altseason of the horizon, GALA could pump exponentially to set new ATHs like many other bullish altcoins in the space.
The post GALA Pumps Almost 100% in a Month, Analyst Reveals 3 Bullish Targets for GALA Price in Coming Altseason appeared first on Crypto News Land.
