Phala (PHA)
Phala Network tackles the issue of trust in the computation cloud.By organizing a decentralized network of computation nodes around the world, it offers high-performance services without relying on any cloud vendor. Phala workers run the programs in Secure Enclaves, a privacy technology already embedded into modern processors, enabling versatile and confidential execution. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.
1. PHA Basic Info
| Symbol | PHA |
| Name | Phala |
| Web Site | https://phala.network/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://phala.subscan.io/ |
| Forum | -- |
| Mining | |
| Supply | 1000000000 |
| Available Supply | |
| Market Cap | 0 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 1000000000 |
| Release Date | 2020-09-11 |
2. PHA Technical Info
2.1 PHA Kline Chart Price
2.2 PHA Technical Analysis
Short-term: The price is likely to continue a downward trend, with potential volatility. Resistance levels are anticipated around 0.1300 and 0.1340, while support might be found near 0.1240.
Mid-term: A period of consolidation is expected following the short-term downtrend. The price may fluctuate within a range between 0.1240 and 0.1400. There could be attempts to break out of this range, but success is not guaranteed.
Long-term: The overall trend remains bearish. Further declines are likely, with potential for the price to test lower support levels. Recovery is possible, but substantial upward movement would require strong bullish signals that are not yet apparent in the current data.
