GALA found a local bottom at $0.027 and printed a reversal candle on the daily chart. Additionally, the RSI and Stochastic Oscillator hit oversold levels.
Moreover, the crypto token performed well during Bitcoin's dip yesterday.
Therefore, it is likely that GALA will enter a bullish direction. The next resistance is $0.032, resulting in a 15%-16% profit potential.
Historically, the oversold RSI on the daily chart resulted in some pretty solid gains: Out of 62 signals, GALA pumped more than 10% in 82%.
Moreover, the crypto token performed well during Bitcoin's dip yesterday.
Therefore, it is likely that GALA will enter a bullish direction. The next resistance is $0.032, resulting in a 15%-16% profit potential.
Historically, the oversold RSI on the daily chart resulted in some pretty solid gains: Out of 62 signals, GALA pumped more than 10% in 82%.
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I'm Ben. Crypto lover, trader, and coder.
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Disclaimer
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