Analysis $GALA 12/20/2024
#GALA, I think everyone who managed to buy this coin below $0.032 during this dip was really lucky, I didn't think we would go this low here.
People are neglecting this one, despite it being a coin that has been on the market for a few years, people are not aware of the potential it has, they will regret it bitterly.
This one had the same dip as most, but despite the horrible price action here, I think we will have a quick recovery to $0.040, and from there the BULLS will have to recover the EMAs that are very far from the current price. I think they will do that.
In 8H we made +23% here, it was a good recovery, but we need to work above the gray band on the chart over the weekend, this will allow us to start a new week well positioned to attack the orange band above the current price.
The natural thing would be to bring up the scenario of a fall below the gray band, but I sincerely think that this band will act as a good support in an eventual fall of BTC and a failure of GALA to form a support above it.
It is very similar to everything else, so there is not much to say.
I believe that this will have a prominent place in 2025.
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