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Gala (GALA) Up 4.75% Tuesday: What's Next?

Tuesday, February 01, 2022 10:47 AM | InvestorsObserver Analysts
Gala (GALA) Up 4.75% Tuesday: What's Next?

Gala (GALA) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the crypto has added 4.75% to $0.2008753762.

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 takes into account this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. GALA's moderate volatility reading comes 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 trading above resistance. With support set at $0.181930297429641 and resistance set at $0.200680741484245. This leaves Gala out of range and potentially in a volatile position if the rally burns out.

What is a Token?

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

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