Why GAL, ZETA, PYTH, and BEAM May Not Follow the Same Direction
- GAL might retest $2.65 while ZETA’s capital inflow dropped, suggesting a decrease to $1.47.
- PYTH might extend to $0.70 if buying pressure returns.
- BEAM’s fall to $0.020 looked imminent as bearish momentum appeared.
Altcoin prices, including Galxe (GAL), Zeta Chain (ZETA), Pyth Network (PYTH), and Beam (BEAM) have made notable gains in the last seven days. According to CoinMarketCap, GAL’s price increased by 18.29% within the said period.
The value of ZETA jumped by 12.55% while PYTH climbed by 14.39%. BEAM had the most significant increase as the price rose by 50.65%, making these projects some of the best-performing ones over the last week.
Galxe (GAL)
GAL’s rise began around February 3. Around that time, the price was $1.77. Details from the 4-hour GAL/USD chart showed that bulls propelled the price to $2.15 by February 7. But between February 7 and 8, the price traded sideways, indicating that some participants booked profits while others were buying.
At press time, the Relative Strength Index (RSI) was 67.54, suggesting that buyers were very much present. Should the buying m…
The post Why GAL, ZETA, PYTH, and BEAM May Not Follow the Same Direction appeared first on Coin Edition.
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Why GAL, ZETA, PYTH, and BEAM May Not Follow the Same Direction
- GAL might retest $2.65 while ZETA’s capital inflow dropped, suggesting a decrease to $1.47.
- PYTH might extend to $0.70 if buying pressure returns.
- BEAM’s fall to $0.020 looked imminent as bearish momentum appeared.
Altcoin prices, including Galxe (GAL), Zeta Chain (ZETA), Pyth Network (PYTH), and Beam (BEAM) have made notable gains in the last seven days. According to CoinMarketCap, GAL’s price increased by 18.29% within the said period.
The value of ZETA jumped by 12.55% while PYTH climbed by 14.39%. BEAM had the most significant increase as the price rose by 50.65%, making these projects some of the best-performing ones over the last week.
Galxe (GAL)
GAL’s rise began around February 3. Around that time, the price was $1.77. Details from the 4-hour GAL/USD chart showed that bulls propelled the price to $2.15 by February 7. But between February 7 and 8, the price traded sideways, indicating that some participants booked profits while others were buying.
At press time, the Relative Strength Index (RSI) was 67.54, suggesting that buyers were very much present. Should the buying m…
The post Why GAL, ZETA, PYTH, and BEAM May Not Follow the Same Direction appeared first on Coin Edition.
Read More