Moderately Volatile
InvestorsObserver gives Gala a moderate volatility rank of 42, placing it in the bottom 42% of cryptos on the market.
The Volatility Gauge takes into account this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
GALA’s moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
Gala price is trading above resistance. With support set at $0.181930297429641 and resistance set at $0.200680741484245. This leaves Gala out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
