Phala Network ($PHA ) is showing steady growth: current price $0.113, up 9% over the past 24 hours! 📈 PHA, as a layer for Web3 AI execution, is attracting attention with innovative Phat Contracts and integration with AI. Technical analysis shows a bullish trend: the 50-day moving average is rising, and the RSI (77) indicates overbought conditions, which may lead to a correction. However, support at $0.095 and resistance at $0.12 provide chances for further growth if the market maintains momentum. 💪
Fundamentally $PHA is strengthening: partnerships with Binance, Kraken, and OKX, as well as the development of the Polkadot ecosystem and EVM, are fueling interest. The long-term forecast is optimistic: according to CoinEdition, by 2028 the price could reach $1.65, and by 2040 — $10! 📅 However, short-term volatility is possible due to market correction after the bullish cycle.
What are your thoughts? Share your predictions in the comments! 💬 Will $PHA break $0.12 or are we waiting for a pullback? Subscribe to not miss key updates and analysis on PHA and other altcoins! 🔔 #PHA #Binance #Crypto #Trading #Altcoins