Phala Network Cryptocurrency is currently on bullish momentum by 16.65% in the last 6 hours. At 13:11 EST on Wednesday, 21 April, Phala Network is at $0.83.
Phala Network Range
About Phala Network’s daily highs and lows, it’s 16.73% up from its trailing 6 hours low of $0.71 and 0.15% down from its trailing 6 hours high of $0.83.
Currently, Phala Network has 40994 Twitter followers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Phala Network’s crypto is considered to be overbought (>=80).
News about Bitcoin
According to Business Insider on Sunday, 18 April, "Read more: Bitcoin is a headache to store, and that’s created an investment opportunity that could theoretically pay determined traders big risk-free returns by December"
Crypto stock mania tested by sliding prices, Bitcoin slump. According to Bloomberg Quint on Monday, 19 April, "A weekend Bitcoin plunge rattled crypto mania, but the token has since pared some losses and remains up 690% over the past year.", "Day traders have also pushed up stocks such as Bitcoin miner Marathon Digital Holdings Inc. and crypto broker Voyager Digital Ltd., which are up at least 8,900% in the past year. "
JPMorgan warns of Bitcoin weakness as futures get liquidated. According to Bloomberg Quint on Wednesday, 21 April, "In those three previous instances, the overall flow impulse was strong enough to allow Bitcoin to quickly break out above the key thresholds, yielding further buildups in position by momentum traders, JPMorgan noted.", "Over the past few days Bitcoin futures markets experienced a steep liquidation in a similar fashion to the middle of last February, middle of last January or the end of last November," the strategists said. "
More news about Phala Network.