Phala Network Price Analysis for Today (December 28, 2024)

The current price of Phala Network ($PHA ) is $0.5074, the price has increased by +103.84% over the last 24 hours. Currently, PHA is available on 27 exchanges, and in the last 24 hours, 1,676,955,547 PHA coins have been exchanged, totaling $850,877,582 in trading volume.$OGN $ACA

Today, Phala Network (PHA) opened at $0.4890. This is a 3.76% increase from the opening price. After dropping to $0.4822, it is trying to rise above. PHA has more than a 223.80% increase compared to the price last month. From the maximum price over the last 30 and 7 days, it has increased by 61.36%, and from the minimum recorded price over the same period, it has increased by 359.31%.

According to our analysis, PHA needs to remain above $0.5041 to potentially move towards the first important resistance level at $0.6050. A breakthrough above $0.6050 could lead to an increase in PHA to the next resistance level at $0.6407. The third resistance is at $0.6791.

If the price drops, the first support level to watch will be $0.5041. If this level does not hold, further decline to the next support level at $0.4576 is possible.#BtcNewHolder