One of the data that investors in the cryptocurrency market follow closely is token unlock events. According to the Token Unlocks platform, which closely follows token unlocks, $77.98 million worth of tokens will be unlocked in the next seven days. Tomorrow, Galxe The unlocking of the platform’s native token, GAL, is an event that should be followed closely.
Galxe Token Unlocking
Sharing token lock events with its users Token Unlocks According to data provided by , $77.98 million worth of tokens will be unlocked next week and the notable token unlock events of the last period will take place. Among these unlocks, the native token of the Galxe platform, GAL, is also of great importance. A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
The amount of tokens in question for the event, which will take place tomorrow (September 2) at 03:00, is GAL. The token is equivalent to 0.82% of the total supply and has a market value of $ 2.23 million. Investors are eagerly following the event, which has hours left, and at the time of writing, the GAL token was trading at $ 2.18. GAL The token unlock event is one of the most notable token unlocks of the coming week.
GAL Graphic Analysis
Daily GAL The rising channel formation on the chart draws attention. In this formation structure, the GAL price is lastly trading above the support line and this indicates that a critical process is on the agenda. A support received from this region may highlight a possible bullish scenario, but a support break will cause the price to lose momentum.
The most important support level to watch out for on the daily GAL chart is $2.12. A daily bar close below this level could cause the GAL price to face potential selling pressure.
The most important thing to follow in the GAL chart resistance The level is $2.65. A daily bar close above this level will support the upward momentum as it will leave EMA 7 (blue line) and EMA 21 (green line) behind.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
