Phala Network(pha)market reviews and price predictions

Phala Network market statement for 2022-09-24

Yesterday the price of pha stood at $0.09. The market capitalization of the asset was $38 830 154. Phala Network’s volatility was established at 1.88%. The trading volume of the coin reached $2 646 851.

Phala Network prognosis for the next days:

We estimate the price of Phala Network to be $0.09 tomorrow 2022-09-27 and $0.1 on 2022-10-03;

We estimate the market capitalization of Phala Network to reach $39 749 891 tomorrow 2022-09-27 and $39 215 055 on 2022-09-29;

We estimate the volatility of Phala Network to become 2.08% tomorrow 2022-09-27 and 1.97% on 2022-09-29;

We estimate the trading volume of Phala Network to amount to $2 435 390 tomorrow 2022-09-27 and $2 346 066 on 2022-09-29.

Our recommendation for the pair PHA/USD for tomorrow, 2022-09-27, to buy.

Phala Network(pha)week price prediction
4%
Price
Volatility
Capitalization
Volume
Aug 28Sep 04Sep 11Sep 18Sep 25Aug 28Sep 04Sep 11Sep 18Sep 250.0900.0950.1000.1050.0900.0950.1000.105
Today's review

September 18 - September 24 market wrap: Phala Network had a slight 3% drop.

Between September 18 - September 24, Phala Network has been mostly bearish as its price has been in the falling mode. The volatility associated with the PHA market was low, as were its price fluctuations. The market capitalization of the asset has been decreasing in concert with the price of the coin. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

Latest reviews

Phala Network slid down by 2% last week (September 16 - September 22) as the sellers pushed back.

The bearish behavior of Phala Network last week was characterized by the occurrence of downswings. The situation on the PHA market shows that the underlying asset is currently experiencing a period of low volatility. There has been a fall in the market capitalization of the asset during the period under review. The past week’s price movement of the crypto coin was accompanied by the falling trading volume on the corresponding market.

Down by 3% : The Phala Network market saw some bearish action last week (September 15 - September 21).

The price of Phala Network was falling last from September 15 until September 21, giving enough reason to conclude that the market is bearish. The volatility associated with the PHA market was low, as were its price fluctuations. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. The price action of the crypto coin from last week stemmed from the decreasing trading volume.

September 11 - September 17 price action review: Phala Network goes down by 6%.

The price of Phala Network was falling last from September 11 until September 17, giving enough reason to conclude that the market is bearish. The volatility associated with the PHA market was low, as were its price fluctuations. There has been a fall in the market capitalization of the asset during the period under review. The price action of the crypto coin last week took place on the back of decreased trading volume.

Bearish price action on September 10 to September 16 resulted in Phala Network by 9%.

The downward movement of the Phala Network price last week indicates the chosen market is bearish. The volatility of PHA has been low throughout the reviewed period in correspondence with the price action. The price action of the coin has been accompanied by the decreased market capitalization of the said digital asset. There has been a decline in trading volume on the crypto coin's market in conjunction with the price movement.

Slightly bearish : traders witnessed Phala Network moving down 5% from September 9 till September 15.

The price of Phala Network was falling last from September 9 until September 15, giving enough reason to conclude that the market is bearish. The volatility of PHA has been low throughout the reviewed period in correspondence with the price action. Last week’s market conditions reflected on the market capitalization of the asset, which was falling. The crypto coin's market experienced a falling trading volume during the observed time period, which fell in line with the price action.

The bullish pressure subsides between September 6 and September 12 as Phala Network gains only 4%.

The price of Phala Network was rising last from September 6 until September 12, giving enough reason to conclude that the market is bearish. The price swings of PHA pointed to the presence of low volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.

Restrained price action on September 5 to September 11 as Phala Network moves up by only 3%.

The price of Phala Network was rising last from September 5 until September 11, giving enough reason to conclude that the market is. The situation on the PHA market shows that the underlying asset is currently experiencing a period of low volatility. The price action on the coin's market translated to the growth of market capitalization. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

Phala Network market stayed flat from September 4 - September 10.

Phala Network portrayed neutral behavior last week, with no changes in the price. The situation on the PHA market shows that the underlying asset is currently experiencing a period of low volatility. The asset saw its market capitalization growing over the reviewed period together with its price. The trading volume on the crypto coin's market has been increasing throughout the reviewed period along with its price.

The bullish pressure subsides between September 3 and September 9 as Phala Network gains only 1%.

Between September 3 - September 9, Phala Network has been mostly as its price has been in the rising mode. PHA was caught in a period of low volatility, which was reflected in its price action. There has been a rise in the market capitalization of the asset during the period under review. The price action of the crypto coin from last week stemmed from the increasing trading volume.

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