Date: Fri, July 11 2025 | 06:45 PM GMT
The cryptocurrency market celebrated a major milestone today as Bitcoin (BTC) soared to a new all-time high of $118K. Ethereum (ETH) wasn’t far behind, jumping 6% and pushing past the $3,000 mark. Riding on this bullish wave, major altcoins are also gaining momentum — including Gala (GALA), which has surged by 11% in the last 24 hours.
Source: Coinmarketcap
But beyond the price spike, what’s catching attention now is the striking fractal pattern forming on GALA’s chart — a setup nearly identical to its late 2024 rally.
A Powerful Fractal Re-Emerging?
If we rewind to late 2024, $GALA broke out of a falling wedge pattern — a structure often seen before bullish reversals. This move came after the price formed a bottom near a key support level (highlighted blue zone). Following that, GALA reclaimed its 100-day moving average, broke the long-standing descending resistance trendline, and then surged above the 200-day moving average — launching an explosive 237% rally, with price topping out around $0.066.
Fast forward to July 2025, and the same playbook may be repeating.
ONDO Fractal Chart/Coinsprobe (Source: Tradingview)
GALA is once again flashing a very similar setup. The token has broken out of a falling wedge, bounced strongly from the same blue zone support, and has reclaimed the 100-day moving average. Currently, GALA is approaching a critical resistance at the 200-day MA near $0.021 — the same condition that preceded the previous rally.
What’s Next for GALA?
If GALA continues to hold above the 100-day MA and successfully reclaims the 200-day MA, a break above the descending resistance trendline could confirm a bullish breakout. If the fractal repeats, GALA could revisit its historical target zone near $0.045–$0.050 — a potential gain of 160%+ from current levels.
However, as always, confirmation is key. A clean breakout above the 200-day MA would add serious momentum and likely attract technical traders looking to ride the next wave in this gaming token’s uptrend.
Disclaimer: This article is for informational purposes only and reflects the writer’s personal views. It should not be considered financial advice. Always conduct your own research before investing in cryptocurrencies.
