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Gala (GALA) Price Prediction 2024, 2025, 2026-2030

Gala (GALA) Price Prediction 2024, 2025, 2026-2030

  • Bullish GALA price prediction for 2024 is $0.05858 to $0.03526 .
  • Gala (GALA) price might reach $0.1 soon.
  • Bearish GALA price prediction for 2024 is $0.0129.

In this Gala (GALA) price prediction 2025, 2025-2030,  we will analyze the price patterns of GALA by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency.

TABLE OF CONTENTS
INTRODUCTION
  • Gala (GALA) Current Market Status
  • What is Gala (GALA)?
  • Gala (GALA) 24H Technicals
GALA (GALA) PRICE PREDICTION 2024
  • Gala (GALA) Support and Resistance Levels
  • Gala (GALA) Price Prediction 2024 RVOL, MA, and RSI
  • Gala (GALA) Price Prediction 2024 ADX, RVI
  • Comparison of GALA with BTC, ETH
GALA (GALA) PRICE PREDICTION 2024, 2025, 2026-2030
CONCLUSION
FAQ

Gala (GALA) Current Market Status

Current Price$0.06826
24 Hour Price Change11.53% Up
24 Hour Trading Volume$397,659,406
Market Cap$2,058,825,768
Circulating Supply30,142,380,649 GALA
All Time High$0.8367 (On Nov 26, 2021)  
All Time Low$0.000151 (On Dec 28, 2020)  
GALA Current Market Status (Source: CoinMarketCap)

What is Gala (GALA)

TICKERGALA
BLOCKCHAINEthereum
CATEGORYGaming Cryptocurrency
LAUNCHED ONSeptember 2021
UTILITIESGovernance, Fast Transactions, gas fees & rewards

GALA, the native cryptocurrency of Gala Games, has emerged as a prominent digital asset at the intersection of blockchain and gaming. As the heart of the Gala Games ecosystem, GALA offers users a versatile utility token for in-game transactions, securing digital assets, and supporting game development. 

Gala Games distinguishes itself by championing decentralization, providing players and developers greater autonomy and ownership in their gaming experiences through blockchain integration. GALAs connection to the gaming industry and innovative use cases has drawn attention, with active trading on various cryptocurrency exchanges. Nonetheless, GALAs value is subject to the volatile nature of the cryptocurrency market, necessitating careful research for potential investors.

Gala 24H Technicals

(Source: TradingView)

Gala (GALA) Price Prediction 2024

Gala (GALA) ranks 59th on CoinMarketCap in terms of its market capitalization. The overview of the Gala price prediction for 2024 is explained below with a daily time frame.

GALA/USDT Descending Channel Pattern (Source: TradingView)

In the above chart, Gala (GALA) laid out a descending channel pattern. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices. but only after an upside penetration of the upper trend line. A descending channel is drawn by connecting the lower highs and lower lows of a securitys price with parallel trendlines to show a downward trend.

At the time of analysis, the price of Gala (GALA) was recorded at $0.06826. If the pattern trend continues, then the price of GALA might reach the resistance levels of $0.03684, and $0.05233. If the trend reverses, then the price of GALA may fall to the support of $ 0.02067

Gala (GALA) Resistance and Support Levels

The chart given below elucidates the possible resistance and support levels of Gala (GALA) in 2024.

GALA/USDT Resistance and Support Levels (Source: TradingView)

From the above chart, we can analyze and identify the following as resistance and support levels of Gala (GALA) for 2024.

Resistance Level 1$0.03526
Resistance Level 2$0.05858
Support Level 1$0.02109
Support Level 2$0.01296

GALA Resistance & Support Levels

Gala (GALA) Price Prediction 2024 RVOL, MA, and RSI

The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Bitcoin (GALA) are shown in the chart below.

GALA/USDT RVOL, MA, RSI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the current Gala (GALA) market in 2024.

INDICATORPURPOSEREADINGINFERENCE
50-Day Moving Average (50MA)Nature of the current trend by comparing the average price over 50 days50 MA = $0.02453
Price = $0.02817  

(50MA
Bullish/Uptrend
Relative Strength Index (RSI)Magnitude of price change;Analyzing oversold & overbought conditions67.09
<30 = Oversold
50-70 = Neutral>70 = Overbought
Overbought
Relative Volume (RVOL)Assets trading volume in relation to its recent average volumesBelow cutoff lineWeak volume

Gala (GALA) Price Prediction 2024 ADX, RVI

In the below chart, we analyze the strength and volatility of Gala (GALA) using the following technical analysis indicators Average Directional Index (ADX) and Relative Volatility Index (RVI).

GALA/USDT ADX, RVI (Source: TradingView)

From the readings on the chart above, we can make the following inferences regarding the price momentum of Gala (GALA).

INDICATORPURPOSEREADINGINFERENCE
Average Directional Index (ADX)Strength of the trend momentum18.62Strong Trend
Relative Volatility Index (RVI)Volatility over a specific period52.63

<50 = Low
>50 = High
High volatility

Comparison of GALA with BTC, ETH

Let us now compare the price movements of Gala (GALA) with that of Bitcoin (BTC), and Ethereum (ETH).

BTC Vs ETH Vs GALA Price Comparison (Source: TradingView)

From the above chart, we can interpret that the price action of GALA is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of GALA also increases or decreases respectively.

Gala (GALA) Price Prediction 2025, 2026 2030

With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Gala (GALA) between 2024, 2025, 2026, 2027, 2028, 2029 and 2030.

Year Bullish Price Bearish Price
Gala (GALA) Price Prediction 2025$0.24$0.009
Gala (GALA) Price Prediction 2026$0.31$0.008
Gala (GALA) Price Prediction 2027$0.34$0.0075
Gala (GALA) Price Prediction 2028$0.37$0.0071
Gala (GALA) Price Prediction 2029$0.49$0.0066
Gala (GALA) Price Prediction 2030$0.55$0.0059
Gala (GALA) Price Prediction 2031$0.60$0.0051

Conclusion

If Gala (GALA) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Gala (GALA) price prediction for 2024 is $0.05858. Comparatively, if unfavorable sentiment is triggered, the bearish Gala (GALA) price prediction for 2024 is $0.01317. 

If the market momentum and investors sentiment positively elevates, then Gala (GALA) might hit $0.1. Furthermore, with future upgrades and advancements in the Gala ecosystem, GALA might surpass its current all-time high (ATH) of $0.8367. and mark its new ATH. 

FAQ

1. What is Gala (GALA)?

GALA, the native cryptocurrency of Gala Games, has emerged as a prominent digital asset at the intersection of blockchain and gaming. 

2. Where can you purchase Gala (GALA)?

Gala (GALA) has been listed on many crypto exchanges which include Coinbase, Binance and UniSwap

3. Will Gala (GALA) reach a new ATH soon?

With the ongoing developments and upgrades within the Gala Platform, GALA has a high possibility of reaching its ATH soon.

4. What is the current all-time high (ATH) of Gala (GALA)?

On Nov 26, 2021, Gala (GALA) reached its new all-time high (ATH) of $0.8367.

5. What is the lowest price of Gala (GALA)?

According to CoinMarketCap, GALA hit its all-time low (ATL) of $0.000151, On Dec 28, 2020.

6. Will Gala (GALA) reach $0.1?

If Gala (GALA) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $0.1 soon.

7. What will be Gala (GALA) price by 2025?

Gala (GALA) price is expected to reach $0.24 by 2025.

8. What will be Gala (GALA) price by 2026?

Gala (GALA) price is expected to reach $0.31 by 2026.

9. What will be Gala (GALA) price by 2027?

Gala (GALA) price is expected to reach $0.34 by 2027.  

10. What will be Gala (GALA) price by 2028?

Gala (GALA) price is expected to reach $0.34 by 2028.  


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Disclaimer: The opinion expressed in this chart is solely the authors. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.

Read more: https://thenewscrypto.com/gala-price-prediction/

Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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