1. Current price and dynamics:
$GALA is trading at $0.0629, reflecting steady growth after minor corrections. Over the last 24 hours, the price has increased by approximately 1.3%, with a total weekly increase of over 6%.
2. Market capitalization and trading volume:
Market capitalization is $2.38 billion, making the token 67th among all cryptocurrencies. The daily trading volume reached $443.8 million, indicating continued investor interest.
3. Technical analysis:
Support and resistance levels: Current support is at $0.060, while key resistance is at $0.065. A successful breakout above this zone could lead to a rise to $0.070.
Indicators: RSI is in the neutral zone, and MACD continues to indicate positive momentum.
4. Fundamental support:
$GALA is strengthening its position thanks to the Gala Games ecosystem, providing opportunities for earning and owning digital assets. The growing popularity of the blockchain gaming sector enhances long-term interest in the token.
5. Forecast:
If current trends persist, GALA could reach $0.070 in the coming weeks. However, investors should consider possible corrections to support levels of $0.058–$0.060, typical for a volatile market.