GLXY is in a strong weekly uptrend from its 200-week MA; performance is tied to rising crypto markets.
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Oh, Sheri also wants to know your opinion about Galaxy . Oh yes, let's take a look at the Galaxy. I haven't looked at it in a while. Oh. I mean, well, what do we have? Things seem to be going well overall.
I mean, it has definitely hit rock bottom, and it is regaining its peaks and moving in an upward direction. It is trending upwards on the weekly timeframe. This is the 200-week moving average cloud that has been supportive all this time, and it is now bouncing back, with the two moving averages pointing upwards to the right.
Therefore, it has established a significant weekly uptrend at the 200-week moving average level , which is of course very strong. So, yes, I mean it's where it needs to be. I think it will move in the same way that cryptocurrencies move.
It is closely related to the field of digital currencies. Therefore, I think as long as the cryptocurrency market is on the rise, we are likely to see Galaxy perform well as well.
What this channel has said about $GLXY
Real Vision has only this one call on this stock.