Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Is Gala (GALA) Poised for a Bullish Breakout? This Emerging Fractal Saying Yes!

Is Gala (GALA) Poised for a Bullish Breakout? This Emerging Fractal Saying Yes!

CoinsProbeCoinsProbe2025/09/19 09:09
By:Nilesh Hembade

Date: Fri, Sept 19, 2025 | 08:24 AM GMT

The cryptocurrency market is undergoing a slight retracement today after its initial surge that followed the Fed’s rate cut decision. Both Bitcoin (BTC) and Ethereum (ETH) are trading marginally in the red, showing mild pullbacks. However, several altcoins are flashing bullish setups, including Gaming token Gala (GALA).

Currently, GALA is trading in green with modest gains. More importantly, its price structure is now closely mirroring the bullish breakout seen in Immutable (IMX), another top gaming-focused token.

Is Gala (GALA) Poised for a Bullish Breakout? This Emerging Fractal Saying Yes! image 0 Source: Coinmarketcap

GALA Mirrors IMX’s Bullish Path

The IMX chart offers a strong fractal reference for what may lie ahead for GALA.

Recently, IMX broke out of a multi-month symmetrical triangle pattern, crossing its upper resistance trendline. This breakout triggered a powerful rally, with IMX surging more than 43% within days as buying momentum intensified.

Is Gala (GALA) Poised for a Bullish Breakout? This Emerging Fractal Saying Yes! image 1 IMX and GALA Fractal Chart/Coinsprobe (Source: Tradingview)

Now, GALA appears to be following a similar path.

The token is currently pressing against its multi-month descending resistance line, trading close to $0.018. The potential breakout trigger lies just above at $0.019, which is strikingly similar to the breakout point that fueled IMX’s rally.

What’s Next for GALA?

If GALA continues to mirror IMX’s fractal, a decisive breakout above $0.019 could spark a strong upward move. The measured breakout target sits near $0.02913, which would represent a potential gain of nearly 60% from current levels.

On the other hand, if GALA fails to break through resistance, the lower trendline of the symmetrical triangle will serve as the key support zone.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bloomberg: As the crypto market crashes, the Trump family's and their supporters' wealth is shrinking significantly

The Trump family's wealth has shrunk by 1.1 billions US dollars, with ordinary investors becoming the biggest losers.

BlockBeats2025/11/24 10:35
Bloomberg: As the crypto market crashes, the Trump family's and their supporters' wealth is shrinking significantly

Why are most treasury DATs trading at a discount?

Is the DAT model truly a bridge connecting TradFi, or is it a "death spiral" for the crypto market?

BlockBeats2025/11/24 10:35
Why are most treasury DATs trading at a discount?

Powell’s allies make a major statement: Is a December rate cut “reversal” now highly likely?

Economists point out that three of the most influential officials have formed a strong coalition in support of interest rate cuts, which will be difficult to challenge.

BlockBeats2025/11/24 10:35
Powell’s allies make a major statement: Is a December rate cut “reversal” now highly likely?

How We Build: Boundless Product Engineering and the Post-TGE Era

Now, thanks to the team's efforts, Boundless has become the first truly decentralized and permissionless protocol capable of handling any general-purpose ZKVM proof request.

BlockBeats2025/11/24 10:35
How We Build: Boundless Product Engineering and the Post-TGE Era