#PHB USDT
Phoenix (PHB)
Amid increased uncertainty, the PHB price has added ~10% to its portfolio in the past day with a trading volume of $15.33 million.
ease of about 1.8% in the past day
However, PHB has shown positive momentum over the past 7 days, gaining around 4%.
Moreover, it has soared 57.86% during the past month and 68.81% this year. With a market capitalization of $95.53 million, it has secured the 369th position.
The EMA 50/200-day records increased bullishness and display a high possibility of a Golden Cross in the 1D time frame. Moreover, the MACD indicator shows a constant green histogram with its averages experiencing a constant uptrend in the Phoenix price chart.
Maintaining the price above its support level of $1.67 could result in it heading toward its resistance level of $2.18 in the coming time.
On the contrary, if the bears overpowered the bulls, the PHB price could retest its low of $1.140.
This analysis shows that while PHB has seen some recent volatility, its long-term trends appear positive, with its price predictions showing potential gains if the market maintains a bullish sentiment.
However, as with all cryptocurrencies, investors should be cautious and keep an eye on market conditions.