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GALA / UST

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GALAUST trade ideas

Elliott Wave on GALAUSDT! A Clear Roadmap for every trader...Greetings trader and investors around the globe The GALAUSDT price chart indicates a five-wave rally from August to November 2021, followed by a 98.53% crash in approximately 700 trading days. Since the October 2023 low, there's been a five-wave rally and a three-wave decline, suggesting a potential end to the decline. A break above 0.3505 could confirm this and indicate an upcoming upward trend. If correct, a significant price increase may occur, with a minimum target around 1.097, aligning with wave A equality at C . If you find this analysis helpful, please don't forget to like, comment and hit the follow up button, till I come you way next time, trade safe and may the market be with you.
Long
by maonimisi
2
GALA Growth Spurt: Buy Your Ticket to Profit!"## GALA Coin: Short Fundamentals, Recent News, and Disclaimer **Fundamentals:** * **Utility token for Gala Games:** GALA is the primary token within the Gala Games ecosystem, a blockchain-based gaming platform. * **Used for various purposes:** * Purchasing NFTs within Gala Games * Rewards for operating Founder's Nodes * Network fees on the Gala blockchain (currently in development) * **Total supply:** 35 billion GALA, with a circulating supply of approximately 6.9 billion. * **Current price:** $0.027 (as of February 21, 2024) * **Market cap:** $188 million **Recent News:** * **Gala Games launched several new games in beta:** Town Star, Mirandus, and Echoes of Empire are attracting players and generating NFT sales. * **Gala introduced GalaChain:** A dedicated blockchain for Gala Games is under development, expected to launch in 2024. * **Partnerships with various gaming companies:** Expanding the reach and potential user base. **Disclaimer:** * This information is for informational purposes only and should not be considered financial advice. * The cryptocurrency market is volatile and past performance is not indicative of future results. * Do your own research before making any investment decisions. **Additional notes:** * GALA's price has been relatively stable in recent months, after experiencing significant volatility in early 2023. * The upcoming launch of GalaChain could be a major catalyst for the token's price. * However, the success of Gala Games and its token ultimately depends on the adoption and popularity of its games. I hope this provides a helpful overview of GALA Coin. Remember, conducting your own research and understanding the risks involved are crucial before making any investment decisions.
Long
by MoonTradingForecast
GALA is pressing for a break. 0.06 next?Like most Altcoins, BINANCE:GALAUSDT also broke above a falling wedge's resistance in Oct-Nov of last year. It experienced an initial leg up, followed by roughly a 300% increase, and then underwent a normal correction afterward. The price halted its decline from the recent high at the 61% Fibonacci level and has begun to rise again, possibly indicating the end of the correction phase. Currently, the price is encountering local resistance, and in the event of a breakout, we can anticipate continuation. This rise could lead to an increase to around 0.06, a crucial resistance level. Despite my reservations about the project's tokenomics, I am technically bullish and will allocate a very small portion of my portfolio to this trade.
Long
by Mihai_Iacob
4