Phala Network Price Analysis for Today (December 29, 2024)

The current price of Phala Network ($PHA ) is $0.4682, and the price has decreased by -3.26% in the last 24 hours. Currently, PHA is available on 27 exchanges, and in the last 24 hours, 1,232,586,155 PHA coins have been exchanged, totaling $577,157,576 in trading volume.

Today, Phala Network (PHA) opened at $0.4394. This is 6.56% higher than the opening price. Despite a rally to $0.5356, Phala Network (PHA) faced resistance and could not maintain the momentum to move higher. PHA has more than a 184.31% gain compared to last month's price. From the maximum price over the last 30 and 7 days, its value has decreased by -14.46%, while from the minimum recorded price over the same period, it has increased by 323.88% and 307.46%.

PHA needs to remain above $0.4576 to potentially move toward the first key resistance level at $0.5041. A breakout above $0.5041 could lead to PHA rising to the next resistance level at $0.6050. The third resistance is at $0.6407.

If the price falls, the first support level to watch will be $0.4576. If this level does not hold, further declines may occur down to the next support level at $0.3962. $TON $XVG #BtcNewHolder