#AICrashOrComeback
$GALA Market Update – February 6, 2025
As of today, Gala (GALA) is trading at approximately $0.0230, reflecting a slight 0.087% decline from the previous close.
Recent Performance:
Over the past week, GALA has dropped 23.49%.
The current market capitalization is around $850 million.
24-hour trading volume stands at approximately $62 million.
The circulating supply is about 36.9 billion GALA tokens.
Technical Analysis:
GALA is currently trading below its 50-day Simple Moving Average (SMA) of $0.0350, indicating a bearish trend.
The Relative Strength Index (RSI) is at 23.26, suggesting that the asset is oversold.
Price Outlook:
Analysts predict GALA could reach between $0.0433 and $0.0504 by the end of 2025, indicating potential upside from current levels.
Short-term sentiment remains bearish, with indicators suggesting the possibility of further declines.
Long-term forecasts hint at potential growth, but these remain speculative and should be approached with caution.
For a detailed technical analysis, you may find this video insightful
