GALA Up By 50% In A Year, Will This Trend Change Soon?GALA has a market cap of $1.44 Billion and is ranked 69th in the CMC. It has a VM ratio of 0.2 hinting towards the consolidation in price. GALA token price is currently trading near $0.04 with a gain of 1% in the intraday session.
The asset price is currently trading in a consolidating range on the daily chart. It is trading below the 50 and 100 EMA. The upside momentum of GALA token price can see a halt near $0.055. Meanwhile the support price can be seen near $0.039.
The RSI of GALA is near 57 suggesting its presence in a slight oversold zone. The overall sentiment of the indicator is weakly bullish in nature