Gala (GALA) Falls 0%, Underperforms the Crypto Market Sunday

Sunday, August 07, 2022 03:16 PM | InvestorsObserver Analysts

Gala (GALA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Sunday, the crypto has lost 0.09% to $0.06066790296.

InvestorsObserver is giving Gala a 46 Volatility Rank. Find out what this means to you and get the rest of the rankings on Gala!

See Full Report

Moderately Volatile

InvestorsObserver gives Gala a moderate volatility rank of 46, placing it in the bottom 46% of cryptos on the market.

The Volatility Gauge follows 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 set at $0.0594671977078052 and resistance around $0.0619559412216278. This leaves Gala with room to run before facing selling pressures.