Project Galaxy (GAL) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the crypto has lost 2.65% to $5.81.
InvestorsObserver is giving Project Galaxy a 90 Volatility Rank. Find out what this means to you and get the rest of the rankings on Project Galaxy!
Highly Volatile
InvestorsObserver gives Project Galaxy a high volatility rank of 90, placing it in the top 10% of cryptos on the market.The Volatility Gauge takes into account meaning that one day won't make or break its rank. GAL's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
Project Galaxy price is in a good position going forward. With support around $5.24 and resistance at $6.58. This leaves Project Galaxy with room to run before facing selling pressures.