Is it too late to buy GALA? GALA Price Rise 11% & AI Crypto Signal Platform yPredict Raises $3M – How Does It Work?

Source / Cooling Sam

Gala Games (GALA) has weathered a harsh crypto winter over the past year as holders starve for a -97% return from the all-time high in November 2021.

While the start of 2023 saw a brief respite with an impressive 286% rally in January, the 6 months since have seen a resumption of bleed-through price action (-57%).

However, community hopes are once again high as a +11% rally has breathed new life into the price action.

This comes as GALA seemingly gets much-needed support from the 20DMA, pushing high to reclaim support at $0.0275.

GALA Price Analysis: Can You Claim 200DMA?

With GALA now trading at a current price of $0.026 (a 24 hour change of -4.7%), some are wondering if it is too late to buy.

TradingView / GALAUSDT

The move to flip the consolidation at the 20DMA to support, and push higher in pursuit of the 200DMA (around $0.036) has certainly reinvigorated the charts.

As the technical structure continues to be reinforced by this swing higher, the localized pullback action seen in the markets today may provide a brief respite for GALA indicators.

In fact, the RSI spiked on the recent move north, briefly touching 60 yesterday, a classic overbought sign.

While this could indicate that GALA is overbought, the rapid cooling off on the RSI today coupled with the drop to the downside could soon signal an imminent reversal to bullish moves.

This is a view that is getting some confirmation from the MACD, which shows minor bullish divergence at 0.00019.

Price action here remains hairy, with a bullish target at the 200DMA forming a critical level to rally, this could see GALA unlock a +36.4% move.

However, downside risk remains significant with a drop to the lower trend line of $0.018 firmly on the cards (a possible move to -29.2%).

TradingView / GALAUSDT

This leaves GALA facing a risk:reward ratio of 1.24, an unattractive entry, suggesting that it might be too late to buy GALA any time soon.

Despite GALA’s lackluster performance, many in the altcoin space are changing their business strategies to accommodate an emerging project with great disruptive potential.

How will yPredict disrupt crypto markets in the near term?

In today’s dynamic and often turbulent crypto markets, staying ahead demands more than just market knowledge, it’s about leveraging the latest technology to gain a competitive advantage.

Enter, an AI-powered crypto trading platform that is shaping the future of retail.

Source / and Predict

yPredict provides valuable insights using advanced machine learning algorithms, identifying patterns, predicting trends, and offering real-time signals.

In fact, yPredict has taken an impressive leap in leveraging AI for the benefit of retailers.

The AI-powered platform analyzes a wide range of data, discovers hidden patterns, predicts trends, and provides invaluable insights to users.

Through its AI models, it offers real-time signals, breakouts, and pattern recognition, allowing traders to stay ahead in the highly volatile crypto market.

Unprecedented growth opportunity with $YPRED

yPredict’s native token, $YPRED, has generated buzz with a promising pre-sale, already accumulating $3 million of its $4.5 million target.

Token holders get access to premium features and receive 10% of the fees, which encourages a sustainable investment cycle and curbs the selling pressure of the market.

The pre-sale is in Stage 7, with tokens available at an attractive $0.1. However, with the trading price fixed at $0.12, this window of opportunity will not last long.

Join the trading revolution: invest in $YPRED

Source / and Predict

As 2023 progresses, it is urgent to take a stake in this innovative AI trading platform, and $YPRED presents an irresistible opportunity for you to take advantage of the AI ​​revolution, putting you at the forefront of cryptocurrency trading.

yPredict is transforming the cryptocurrency trading landscape with AI-powered tools and a robust trading ecosystem.

This ongoing pre-sale is a golden opportunity to revolutionize your cryptocurrency trading journey and stay ahead of market trends.

Leverage the power of AI to supercharge your trading strategies and gain a competitive advantage in the cryptocurrency market.

Secure your $YPRED tokens now and lead the AI ​​revolution in cryptocurrency trading.

Buy $YPRED here

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all your capital.