Technical Analysis: Gala Jumps 37% Higher, as Crypto Bulls Return

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During the weekend, when bitcoin rose to a two-week high, it was Gala that stole the show after climbing 37%. Bulls returned to action on Saturday, as the global crypto market capitalization was around 8% higher.
Biggest gainers
Following a huge week of news in the gaming and crypto space, it was only a matter of time till traders turned their attentions to gala (GALA).
Crypto bulls flocked to GALA to start the weekend, pushing prices of the gaming-based blockchain almost 40% higher
GALA/USD, rose to an intraday high of $0.2668, following its low of $0.1865 during yesterday’s session.
Today’s move has come just as the price of GALA broke out of its 2-week resistance level of $0.2115, which has been held since January 21.

As seen from the chart, this rally led to two consecutive breakouts of recent ceilings in the 14-day RSI, firstly the 35 level, followed by 41.
Overall, GALA is significantly below its ATH of $0.8415, which was established on November 26, despite this, some stil

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We współpracy z: https://news.bitcoin.com/technical-analysis-gala-jumps-37-higher-as-crypto-bulls-return/

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