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Gala (GALA) Falls 0.04%, Underperforms the Crypto Market Thursday

Thursday, January 27, 2022 10:10 AM | InvestorsObserver Analysts
Gala (GALA) Falls 0.04%, Underperforms the Crypto Market Thursday

Gala (GALA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the crypto has lost 4.46% to $0.2082276788.

volatility - 42
InvestorsObserver is giving Gala a 42 Volatility Rank. Find out what this means to you and get the rest of the rankings on Gala!

Moderately Volatile

InvestorsObserver gives Gala a moderate volatility rank of 42, placing it in the bottom 42% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. GALA's moderate volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Gala price is in a favorable position going forward. With support at $0.179758817866306 and resistance at $0.224622608139972. This leaves Gala with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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