Date: Fri, May 02, 2025 | 07:35 AM GMT
After a rough start to 2025, where even Ethereum (ETH) tanked by 45% in Q1, the crypto market is finally flashing signs of life over the past month, and this bullish momentum is now spilling over into major altcoins.
After experiencing a significant sell-off in Q1, Gala (GALA) has surged by 10% over the past 30 days — and now, a fractal pattern is emerging, hinting that the recovery may not be over just yet.
HYPE and GALA Fractal Analysis
As shown in the side-by-side chart comparison, HYPE (left chart) previously underwent a brutal -56% correction, forming what appears to be a classic bearish cypher harmonic pattern — often associated with price reversals. After bottoming out at around $9.34 on April 7th, HYPE bounced impressively, reclaiming both the 50-day and 100-day moving averages (MAs).
This bullish breakout led to a 53% rally after crossing the 50-day MA, with HYPE now trading just above $20 and brushing up against a key resistance at $21.12 (orange zone). This level marks a major prior structure, and a breakout above it could ignite a further upward run.
Now look at GALA on the right chart — the similarities are hard to miss. GALA also experienced a sharp 51% decline, bounced from the April 7th low of $0.012, and has now cleared its 50-day MA. It’s currently trading around $0.017, making a steady move toward the 100-day MA at $0.01947 — mimicking HYPE’s trajectory just before its explosive rally.
What’s Next for GALA?
If this fractal-based pattern continues to play out, GALA could be primed for a strong upward move. The immediate technical target is the 100-day MA at $0.01947, and should momentum hold, the next key resistance lies at the $0.02469 zone — a level that aligns with historical structure and previous consolidation.
From current prices, a move to the $0.024 area would represent a potential upside of roughly 42%. With improving sentiment across the broader crypto market and historical fractal behavior now in play, GALA looks set to follow the same bullish script as HYPE.
Investors and traders should keep a close eye on how GALA interacts with its 100-day MA. A clean breakout above this level could trigger a stronger leg upward, confirming the fractal continuation pattern.
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