GALA Games Coin Price News Today - Technical Analysis Update, Elliott Wave Price Prediction!
1 extracted signal · 1 resolved · 0 still active
More Crypto Online25 Aug 2025, 04:09 UTC
AI-generated source summary
The analysis focuses on the GALA/USDT chart, examining wave patterns from the October 2023 low. The analyst identifies that rallies from the bear market low have been corrective, lacking impulse. The December 2024 rally topped at 6.7 cents, followed by a five-wave decline. The video suggests this decline may be part of a third wave downward. The most bullish scenario is a B-wave rally, potentially reaching 8 cents, yet this is considered weak. The analyst notes the weakness of gaming tokens in the current cycle. Currently, an A-wave, B-wave structure is observed, with potential for an upward C-wave. Resistance for the B wave is placed between 2.28 cents and 4.6 cents. For the short term, the next micro resistance is at 2.1 cents, followed by 2.3 cents. The analysis concludes that there is potential for a short-term bounce but no clear bullish long-term trend, advising continuous close monitoring.The analysis states that price will start next leg down if reach 0.03. It's important to note the analysis identifies a five-wave move from the August low. It considers getting very careful once three waves are filled and five waves of c wave are filled.
AI-generated summary based on the source content.
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