A widely respected cryptocurrency analyst has suddenly become bullish on Gala (GALA) and two other altcoins.
Pseudonymous cryptocurrency trader The Flow Horse says 186,500 followers on social media platform
He says key indicators such as cumulative volume delta (CVD), a metric that aims to identify differences by comparing buying and selling volumes over a specific period, are showing strength.
“I bought some GALA.
• For shorts, it looks like a ‘death drift’.
• Very divergent spot, puff (perpetual future contract) As seen in CVD, its drift up is all spot.
• The gaming department didn’t have a great day.
• Strong and stable trending 20-day SMA (simple moving average) + 1 SD (standard deviation) anchor VWAP (volume weighted average price) band holding.”
Gala is trading at $0.0301 at the time of writing, up 1.3% in the last 24 hours.
Next is the merchant Called He said he was bullish on decentralized exchange (DEX) dYdX after it turned a key resistance level into a support level, among other factors.
“DYDX unlocks are over and spot CVDs are through the roof while the culprits are still at large.
• The DEX narrative is growing stronger every week.
• Technical retest of the most important levels of the past two years, now resistance is supported.
patience. higher.”
As of this writing, dYdX is trading at $3.08, down 1% in the last 24 hours.
Finally, the merchant Called Celestia (TIA), a blockchain built to allow anyone to start their own decentralized network at minimal cost, continues its meteoric rise.
“I bought more TIA.
• I haven’t actually gotten anyone to chase it or blow it away yet.
• Open interest in derivatives (derivatives) remains the same as when they were half price.”
TIA is trading at $10.94 at the time of this writing, up 27.8% in the last 24 hours.
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