$Gala is currently trading close to a major resistance (which doubles as the exchange listing price on Binance) in a descending triangle chart formation as shown with the HLs it has been making, I expect the price to bounce from this price range to the upside. According to the Fib Retracement Tool, a major bounce should take the price towards 0.786 Fib levels which correspond to the price at $0.04788, where whales can push the price further as shown in the chart.
Take note: $Gala like other Alts, is trading in a direct relationship with #BTC, hence, a breakdown isn't ruled out as a result of BTC's downward movement.
Take note: $Gala like other Alts, is trading in a direct relationship with #BTC, hence, a breakdown isn't ruled out as a result of BTC's downward movement.
Comment:
*a major SUPPORT I meant and not resistance.