Phala Network Price Analysis for Today (December 26, 2024)
The current price of Phala Network ($PHA ) is $0.2642, with a price increase of +24.71% over the last 24 hours.
Currently, PHA is available on 27 exchanges, and in the last 24 hours, 1,388,863,217 PHA coins were exchanged, amounting to $366,890,688 in trading volume.
Today, Phala Network (PHA) opened at $0.2791. This is -5.34% lower than the opening price. Despite rallying to $0.3144, Phala Network (PHA) faced resistance and was unable to maintain momentum to move higher. It has increased by 14.92% from the maximum price over the last 30 and 7 days, and it has risen by 139.13% from the minimum recorded price over the same period.
According to our analysis, PHA needs to stay above $0.2541 to potentially move towards the first important resistance level at $0.2924. A breakout above $0.2924 could lead to PHA rising to the next resistance level at $0.3376. The third resistance is at $0.3662.
If the price falls, the first support level to watch will be $0.2541. If this level does not hold, further decline to the next support level at $0.2057 may occur.
