Gala(gala)market reviews and price predictions
Gala market statement for 2022-10-06
Yesterday the price of gala stood at $0.04. The market capitalization of the asset was $310 465 712. Gala’s volatility was established at 0.21%. The trading volume of the coin reached $72 638 654.
Gala prognosis for the next days:
We estimate the price of Gala to be $0.04 tomorrow 2022-10-08 and $0.04 on 2022-10-14;
We estimate the market capitalization of Gala to reach $304 901 559 tomorrow 2022-10-08 and $306 442 926 on 2022-10-10;
We estimate the volatility of Gala to become 0.88% tomorrow 2022-10-08 and 0.83% on 2022-10-10;
We estimate the trading volume of Gala to amount to $83 642 039 tomorrow 2022-10-08 and $76 901 427 on 2022-10-10.
Our recommendation for the pair GALA/USD for tomorrow, 2022-10-08, to sell.
Buyers weakened their grip on the Gala market (September 30 - October 6) as the price rose only by 2%.
The analysis of last week’s price action shows that the Gala market is in the phase since the price has been moving upward. The price swings of GALA pointed to the presence of low volatility. The price action on the coin's market translated to the growth of market capitalization. The price action of the crypto coin from last week stemmed from the increasing trading volume.
Gala sees limited 3% gains between September 29 and October 5 as the market cools down.
The analysis of last week’s price action shows that the Gala market is in the phase since the price has been moving upward. GALA was caught in a period of low volatility, which was reflected in its price action. The price action of the coin has been accompanied by the increased market capitalization of the said digital asset. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.
The torpid Gala had its price rise only by 3% last week (September 28 - October 4).
The price of Gala was rising last from September 28 until October 4, giving enough reason to conclude that the market is. The situation on the GALA market shows that the underlying asset is currently experiencing a period of low volatility. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Gala market stayed flat from September 27 - October 3.
Gala portrayed neutral behavior last week, with no changes in the price. The volatility associated with the GALA market was low, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
September 26 - October 2 market wrap: Gala had a slight 1% drop.
The price of Gala was falling last from September 26 until October 2, giving enough reason to conclude that the market is bearish. GALA was caught in a period of low volatility, which was reflected in its price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Slightly bearish : traders witnessed Gala moving down 2% from September 25 till October 1.
Between September 25 - October 1, Gala has been mostly bearish as its price has been in the falling mode. The price swings of GALA pointed to the presence of low volatility. The price action on the coin's market translated to the decline of market capitalization. The trading volume on the crypto coin's market has been decreasing throughout the reviewed period along with its price.
Bearish response: The Gala price melts by 4% between September 22 and September 28.
The downward movement of the Gala price last week indicates the chosen market is bearish. The volatility associated with the GALA market was low, as were its price fluctuations. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
Gala analysis September 16 - September 22 : bears in all-out attack as the price collapses by 12%.
Between September 16 - September 22, Gala has been mostly bearish as its price has been in the falling mode. The volatility of GALA has been medium throughout the reviewed period in correspondence with the price action. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.
The bears stepped up a gear on September 15 - September 21, dropping the price of Gala by 9%.
The downward movement of the Gala price last week indicates the chosen market is bearish. The volatility of GALA has been medium throughout the reviewed period in correspondence with the price action. The asset saw its market capitalization falling over the reviewed period together with its price. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.
The bears stepped up a gear on September 12 - September 18, dropping the price of Gala by 9%.
Gala has been bearish last week as its price has been predominantly falling. GALA was caught in a period of medium volatility, which was reflected in its price action. The price action on the coin's market translated to the decline of market capitalization. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.