Phala Network Price Analysis for Today (January 16, 2025)

The current price of Phala Network ($PHA ) is $0.3585 , the price has increased by +30.84% ​​in the last 24 hours. PHA is currently listed on 30 exchanges , and 392,852,589 PHA coins have been traded in the last 24 hours, representing $140,824,983 in trading volume.

Phala Network (PHA) opened at $0.3492 today. This is 2.67% higher than its opening price. After falling to $0.3454, it is trying to move higher. PHA has more than 123.21% gain compared to last month's price. From the highest price over the last 30 and 7 days, its value has decreased by -39.83% and -0.33% , while from the lowest price recorded over the same period of time, it has increased by 224.50% and 43.44%.

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According to our analysis, PHA needs to remain above $0.3376 to potentially move towards the first major resistance level at $0.3662. A break above $0.3662 could lead to PHA rising to the next resistance level at $0.3962. The third resistance is at $0.4576.

If the price falls, the first support level to watch is $0.3376. If this level fails to hold, further decline to the next support level at $0.2924 is possible.#ReboundOutlook #BinanceAlphaAlert #CPIPlunge2025