Phala Network Price Analysis for Today (27 Dec 2024)

The current price of Phala Network ($PHA ) is $0.3196 , the price has increased by +19.18% in the last 24 hours. PHA is currently listed on 27 exchanges , and 647,095,727 PHA coins have been traded in the last 24 hours, accounting for $206,785,496 in trading volume.$THE $GMT

Phala Network (PHA) opened at $0.2433 today. This is a 31.32% increase from its opening price. After falling to $0.2371, it is trying to move higher. PHA has more than 114.05% gain compared to last month's price. It has increased by 11.52% from the highest price in the last 30 and 7 days, and by 189.28% from the lowest price recorded in the same period.

According to our analysis, PHA needs to remain above $0.2924 to potentially move towards the first major resistance level at $0.3376. A break above $0.3376 could lead to a rise in PHA to the next resistance level at $0.3662. The third resistance is at $0.3962.

If the price falls, the first support level to watch out for is $0.2924. If this level fails to hold, further decline to the next support level at $0.2541 is possible. #BtcNewHolder