According to AMBCrypto, GALA has seen a significant price increase, rising 35.4% from its recent low of $0.0295 to $0.04. This comes after a 55% drawdown from $0.0665. The altcoin is expected to target the $0.052-$0.056 region in the coming week, despite the current bearish market structure. A daily close above $0.0547 could signal a bullish shift. The $0.045-$0.05 zone, previously a resistance area, has been retested as support. Recent price movements suggest a potential rally, although short-term demand remains uncertain. The market's sentiment has been affected by Bitcoin's volatility, impacting many altcoins. GALA's recent bounce from liquidity concentrations at $0.033 and $0.029 indicates strong buying pressure, which could support further gains.
GALA Price Rises 35.4% Amid Market Volatility, Targets $0.052-$0.056
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