Are you tracking the latest price movements of GALA and wondering if it’s gearing up for a breakout or another drop? You’re in the right place. GALA remains confined to its tight price zone, which extends from $0.0150 to $0.0157. Multiple bullish start-ups have happened, but the price remains below resistance at $0.0157, signaling that market participants doubt the upward trend. Before trading GALA, traders need to carefully evaluate both MACD and RSI signals since the current conditions produce conflicting momentum outcomes. The current GALA price movement requires our attention because it proves valuable to traders looking for short-term opportunities.
GALA Price Analysis For May 5, 2025
The GALA price action started with high fluctuations yesterday. The session began with early upward movement, but bearish pressure quickly took over. The prices were moving near the resistance level of $0.0157. This momentum indicated a good start to the trading day, indicating strength in the breakout. This was supported by a golden crossover that appeared on the MACD at 01:10 UTC. However, after reaching the resistance level at 02:30 UTC, the prices started moving in a downward trend. This was confirmed by the occurrence of a death cross at 06:10 UTC. This bearish downward trend dragged on until the prices hit the support at $0.0150.
After this hit, the token entered into the brief consolidation phase, moving into the upward channel. This started a new upward trend, giving hope for the traders to bounce back in the session. As the bull maintains the control, the prices moved upward towards the resistance level once again. With lower volatility and increasing false breakouts, the environment favors patience and disciplined trading over aggressive positioning.
Chart 1- GALA/USDT M5 Chart, Analysed By Anushri Varshney, Published on TradingView, May 5, 2025
A moderate upward trend followed, lifting the price token to $0.0157. However, this rally failed to breach the marked resistance level, causing the prices to fluctuate once again. Early on May 5, the token stabilized in the range of $0.0157- $0.015e. The GALA price is moving with multiple attempts at upward movement, but the price has struggled to form a clear pattern. By the end of the session, the GALA price settled around the $0.0156 level, unable to reclaim higher highs.
Death Cross Triggers GALA Breakdown- Will It Hold In Trading Range?
After hitting the support level, the GALA price action began moving upward, supported by MACD crossovers. An occurrence of multiple crossovers between 18:30 and 23:25 UTC caused the highest fluctuations in the price action. Despite repeated tests of the $0.0157 resistance, GALA failed to establish a breakout. MACD and RSI momentum indicators display conflicting indications since they continue alternating between oversold territory and weak upward momentum. This market consolidation shows bearish forces soaking up resistance at support areas without sustained bullish support.
GALA token maintains itself within a compressing trading zone because traders are waiting for strong market signals indicating the next movement direction. GALA is likely to stay in a consolidating pattern unless both trading volume rises or a substantial price breakout happens, therefore producing frequent intraday price fluctuations along with fake breakouts throughout the session. The current market requires both patience and confirmation for entering new positions.
When Will GALA Break The Trading Range?
Unless strong momentum picks up, GALA is unlikely to escape this consolidation anytime soon. Price behavior didn’t match the RSI indications along with the MACD indications, thus producing market uncertainties. A strong GALA breakout can define the next move of the coin. The next decisive move will depend on whether GALA can break above $0.0157 with rising volume. Until then, sideways action is likely to persist. However, Traders should watch for a breakout above $0.0157 or a drop below $0.0150 with strong bearish candles to confirm a breakdown and the next move.
GALA Price Analysis of May 9, 2025
The GALA price analysis over the last 24 hours shows a clear bullish movement, marked by consistently higher highs and smooth momentum. The price started the day near $0.01526, beginning a climb inside a well-defined upward channel, which shaped most of the early movement. By 03:00 UTC, GALA formed a golden cross on the MACD, initiating a sharper uptrend. RSI briefly touched the overbought zone, but the price stayed stable. A death cross followed near 06:30 UTC, balancing the momentum. From 08:00 UTC to 14:00 UTC, GALA coin traded sideways within the channel, showing consolidation. The RSI became neutral while the MACD hovered near the midline.
Chart 2- GALA/USDT M5 Chart, Analysed By Anushri Varshney, Published on TradingView, May 9, 2025
A golden cross emerged around 14:30 UTC, triggering renewed buying interest. This momentum built toward a breakout later in the evening. At 18:35 UTC, GALA broke above the channel at $0.01852, confirming a clean GALA breakout. Price quickly surged toward the resistance at $0.01954, briefly peaking at $0.01989. However, momentum faded as a death cross appeared around 20:00 UTC, causing a temporary dip. Price retraced toward the new support level at $0.01753, holding steady above it. Buyers re-entered at this support, pushing the price back into a mild uptrend overnight.
GALA Falls Below Resistance, Bulls Remain in Control
GALA stabilized just under $0.01920, showing strength just beneath resistance. GALA Coin extended its bullish structure for most of the day, staying inside an upward channel until its breakout near $0.01852. The structure of the rally was well supported by clear MACD golden crosses and RSI patterns that marked both momentum and exhaustion points. After the breakout, the price tested the resistance at $0.01954 but failed to sustain above it due to short-term overbought signals.
The support level at $0.01753 held strong during the pullback phase. Multiple rebounds from this zone confirmed buyer interest and kept the market biased to the upside. With price now consolidating near $0.01918, bulls remain in control, and a close above $0.01954 could spark another leg higher. However, caution is needed as overbought signals remain close on the RSI.
GALA Price Retests Support After Rejection Near $0.01950
The GALA price today started with mild consolidation near $0.01918, showing hesitation just below the $0.01954 resistance. After a brief attempt to push higher, the price was rejected, triggering a pullback toward the $0.01753 support level. MACD showed a bearish crossover during the downturn, and RSI slipped from overbought levels to neutral. Despite the drop, bulls defended the support zone well, leading to a small recovery. GALA is now hovering near $0.01840, stuck between key levels. Momentum remains fragile, and a decisive move above $0.01954 or below $0.01753 will likely define the next direction. For now, GALA Coin remains in a consolidation phase after yesterday’s breakout.
GALA Holds Steady as Market Awaits Next Move
The price remains in a holding pattern after a strong GALA breakout and retest of key resistance. Yesterday’s move above $0.01852 confirmed bullish momentum, but today’s rejection near $0.01950 shows that buyers are pausing just below the $0.01954 resistance. The price has since pulled back toward $0.01753, where support held firmly. Technical indicators show mixed signals; MACD is slightly bearish, while RSI has returned to a neutral range around 50. Despite this, GALA continues to form higher lows, suggesting bulls are still in control. As long as the price stays above $0.01753, the market bias remains upward. A breakout above $0.01954 would likely attract further momentum. If bulls manage to clear the $0.01954 barrier with strong volume, the next logical target lies near $0.02050, where selling pressure may return.
About The Author
