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Trump said Wednesday he’s delaying tariffs on autos coming from Mexico and Canada. Will the same happen to other goods as well? 👊 Bitcoin Jumps Above $93,000 Bitcoin prices $BTCUSD rushed to reclaim the $93,000 Thursday morning from a Wednesday low of $86,500 per token. The underlying reason was an optimistic outlook on tariffs — hopes of widespread exemptions surfaced after Donald Trump granted a one-month delay on cars coming from Canada and Mexico. The early-session swing extended a volatile week that kicked off Sunday with the announcement of whipping up a strategic crypto reserve with a bunch of coins. Also, Friday is the White House crypto gala with some major news expected to drop. 🎨 Broad Swipe on Markets Digital assets broadly enjoyed a lift this morning. The total market cap of the crypto space was floating around the $3 trillion handle, up about 4% over the past 24 hours. Ethereum $ETHUSD, the second-largest token, was up by about 5% this morning, hovering near $2,300 a piece. Other more popular tokens also made some good progress after getting beat down earlier in the week. Solana $SOLUSD was up about 4% to trade near $150. XRP $XRPUSD hit the $2.50 mark, up 3%. 👋 Tariffs and Crypto: What’s the Deal? Why are tariffs affecting the crypto market? While not directly tied to the digital asset space, tariffs have the potential to dim the outlook for growth and knock the valuation of risk assets. Extra charges make imported goods more expensive for those who receive them, not for those who sell them. The idea behind a tariff is to stimulate homegrown products. And the adverse effect is a global trade war with the potential to upend cash flows, hurt international exchange and tone down investor appetite. $BTC

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Will you be investing in GALA? If so, you may want to know if the market is currently friendly enough. The GALA price chart analysis shows that the last week has been highly volatile, with the price testing various support and resistance levels. Recent price activity shows that the market is struggling to establish a definitive trend, with regular bullish breakouts and bearish pullbacks. As it hit an all-time high of $0.024, GALA came under intense selling pressure, which sent it into a downtrend channel. A few breakout attempts were witnessed but could not be sustained, resulting in repeated pullbacks. Nonetheless, the recent GALA price analysis suggests that there might be a trend reversal, with buyers trying to drive the price upwards. Analyzed by Meghana published on TradingView on March 1 GALA Price Analysis: Weekly Overview (23rd Feb – 28th Feb 2025) On 23rd February at 10:00 UTC, GALA began the week with a solid uptrend, touching $0.024. But the selling pressure accelerated, and it declined sharply. On 24th February at 13:00 UTC, the price dipped to $0.021, hitting a critical resistance level that it could not overcome. According to GALA price analysis, the downtrend prevailed, and the price dropped to $0.0195 on 25th February at 09:45 UTC. There were several pullbacks, but they were not aggressive enough to cross the downward channel. The GALA recent price movement indicated a bearish formation with lower highs and lower lows during the week. On February 26th at 12:30 UTC, GALA tried to recover, momentarily crossing above $0.020, but resistance pushed the price downwards. The GALA price analysis indicated that the buyers were fighting to take control, resulting in another drop toward $0.019. By 27th February at 07:00 UTC, there was another attempt at a breakout by GALA, reaching up to $0.021 but again being rejected at the level of resistance. This led to a steep withdrawal, lowering the price to $0.0185. The recent GALA price fluctuations showed the relentless struggle between bears and bulls, but neither was gaining command. On 28th February, T 06:30 UTC, GALA experienced a dramatic turnaround from $0.0175 to $0.0198. The GALA price analysis indicated that the buyers were gaining strength and, if sustained, breaking above $0.0205 would seal a trend reversal. GALA Recent Price and Market Trends (1st March 2025) On 1st March at 03:00 UTC, GALA traded at about $0.0197, trying to pierce significant resistance levels. By 08:30 UTC, GALA tried to break above $0.020, but sellers were still in action. The price action of GALA showed that the market was still not decisive and that there was no confirmation of the breakout yet. By 12:40 UTC, GALA had reached the $0.0205 resistance level, a key level for establishing a bullish trend. If GALA holds above this level, it could go up to $0.021-$0.022.. However, not breaking this resistance might lead to another $0.0185-$0.019 pullback. The RSI is approximately 45-55, which is showing neutral to mildly bullish momentum, and the MACD is close to the zero line, with a possible bullish crossover if the price sustains above $0.0205. GALA’s recent price movements suggest that buyers are active, but resistance remains strong. The price action is forming a range-bound pattern, indicating that a significant breakout could be imminent. The GALA price analysis suggests that if bullish momentum increases, GALA could target higher resistance levels in the coming days. Final Thoughts GALA’s recent price movement has been highly volatile, with repeated attempts at breakouts and pullbacks. The price analysis shows that the market is at a juncture, and traders must look at the primary resistance and support levels for trading opportunities. A successful break above $0.0205-$0.021 would affirm bullish strength, while the inability to hold above $0.019 could portend another pullback. Until confirmation, the GALA recent price action indicates that a significant move is imminent. Traders must stay alert and wait for crucial breakout levels before entering significant trading. According to GALA’s price analysis, a substantial price movement is coming, but its direction will depend on the upcoming attempt at breaking out. The post GALA Falls from $0.024 to $0.0197 – Is This the Last Pullback Before a Reversal or More Downside Ahead? appeared first on Coinfomania.

$GALA/USDT – Potential Rebound or More Downside? 🚀🔻 📊 Current Price: $0.02187 (-4.41%) 🔥 Key Levels: ✅ Support: $0.02120 – Critical level to hold ✅ Resistance: $0.02250 – Needs a breakout for upside 📈 Long Setup (Bullish Trade): 🎯 Entry: $0.02130 - $0.02180 (Buying near support) 📌 Take Profit Targets: ✅ TP1: $0.02250 ✅ TP2: $0.02300 ✅ TP3: $0.02350 🔻 Stop Loss: Below $0.02100 📉 Short Setup (Bearish Trade): 🎯 Entry: $0.02250 - $0.02300 (If rejection at resistance) 📌 Take Profit Targets: ✅ TP1: $0.02150 ✅ TP2: $0.02100 ✅ TP3: $0.02050 🔻 Stop Loss: Above $0.02330 📊 Market Insight: GALA has faced a sharp correction, testing key support at $0.02120. If this level holds, we might see a bounce toward $0.02250, but failure to sustain could bring more downside pressure. 💡 Pro Tip: Monitor volume near key levels—a spike in buy orders could signal a strong reversal! 🚀🔥 #GrandeFratello #planecrash #MileiEstafador #BBBB25 #loveisland

🚨 GALA Crypto Alert! 🚨 Ready for a Potential Breakout or Breakdown? 🚀 Feb 16th is the Date to Wa $GALA Hey Bitget Square Fam! 👋 Let's dive into a quick analysis of GALA/USDT! We've spotted a crucial turning point approaching on February 16th! Will it be a breakout or a breakdown? Let's discuss! 🔍 (Insert your annotated GALA chart here, highlighting the trend lines, Fibonacci levels, RSI, and the date Feb 16th) 🔍 What We're Seeing: * Bullish Momentum: GALA has shown strong bullish momentum since February 3rd, indicating significant buying interest. 📈 * Approaching Resistance: GALA is nearing a key resistance level around $0.025. This is a critical hurdle. Will it break through or face rejection? 🚧 * Bearish RSI Divergence: A bearish RSI divergence is forming, suggesting a potential price correction ahead. This is a caution sign! ⚠️ * Fibonacci Levels: We're also looking at Fibonacci levels to identify potential support and resistance zones. These levels often act as magnets for price action. 🧲 ⏳ Feb 16th: The Critical Date! February 16th is a date to mark on your calendars! Based on our analysis, this could be a critical turning point for GALA. 🗓️ 💡 Potential Scenarios & Strategies: * Bullish Breakout: If GALA breaks and closes above the $0.025 resistance level, we could see further upside. Consider a long position with a stop-loss below the resistance. 🚀 * Bearish Breakdown: If GALA fails to break the resistance and starts to decline, we might see a retest of lower support levels. A break below key support could signal a deeper correction. 📉 ⚠️ Important Reminders: * DYOR: This analysis is just a starting point. Always do your own research and make informed decisions. * We hope this analysis is helpful! Please show your support by liking this post and sharing your thoughts in the comments below. Let's discuss and learn together! 😊 📣 Stay Tuned for More! Follow us for more insightful trading ideas and analysis! We're here to help you navigate the exciting world of crypto trading. 🚀 Remember to replace "(Insert your annotated GALA chart here, highlighting the trend lines, Fibonacci levels, RSI, and the date Feb 16th)" with the actual chart image when posting on Bitget Square.