GALA Price Prediction: GALA Could Face the North

According to the daily chart, the Gala price prediction shows that GALA is heading toward the resistance level of $0.020 as the price remains within the moving averages.

GALA is heading toward the resistance level of $0.020 as the price remains within the moving averages.

Key Levels:

Resistance levels: $0.024, $0.026, $0.028

Support levels: $0.012, $0.010, $0.009

GALA/USD is currently navigating a descending channel on the daily chart, a pattern established in early March 2024. The coin is approaching the upper boundary of this channel, suggesting that a breakout or a rejection could occur soon. This technical formation indicates the potential for significant price movement shortly.

After reaching an all-time high of $0.8367 in November 2021, it dropped by 97.99%. Yet, its all-time low of $0.000151 in December 2020 marked a turning point, with a massive 11,037.41% rise since then. Its price fluctuated between $0.01664 and $0.01822, highlighting its volatility and potential for future gains.

GALA/USD Chart by TradingView:

As the daily chart reveals, GALA is currently testing a key resistance level at $0.018. Historically, this level has served both as support and resistance, making it crucial for determining the coin’s future price direction. A successful breakout above this resistance could signal bullish momentum for GALA.

Meanwhile, if GALA manages to surpass the $0.020 resistance and break through the upper boundary of the descending channel, the next significant resistance level to watch is at $0.022. However, this level has historically acted as both resistance and support, overcoming it could lead to additional gains for the coin which could rally toward the resistance levels of $0.024, $0.026, and $0.028, while the supports could be located at $0.012, $0.010, and $0.009 respectively.

GALA/BTC Continue to Consolidate

Against Bitcoin, the Gala price is hovering above the 9-day and 21-day moving averages to face the upper boundary of the channel. However, if the Gala price continues with the bullish movement, its price may swing high above the channel to touch the resistance level of 44 SAT and above.

On the contrary, if the Gala price slides below the 9-day and 21-day moving averages, it could lead to the support level of 18 SAT and below. Nevertheless, the 9-day MA remains above the 21-day MA, suggesting bullish movement.

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Pepe Unchained (PEPU) is a meme coin that aims to provide investors with 10x to 100x returns on their initial investment. The project boasts several unique features, including low transaction fees, instant execution, and a Layer 2 blockchain that offers high speed and security. With crypto whales showing increasing interest in Pepe Unchained, the project is set for a grand entry into the crypto space with its upcoming launch.

Pepe Unchained (PEPU) price analysis reveals that the coin is currently consolidating within a crucial converging channel on the 4-hour chart. After bouncing off the lower trendline, GALA is now attempting to break through the upper boundary at 44 SAT. A successful breakout could propel the coin toward the resistance levels of 52 SAT, 62 SAT, and 74

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