Phala Network Set to Complete Migration to Ethereum L2 Following Community Approval
Migration Announcement: Phala Network is set to migrate from Polkadot to Ethereum L2, following community approval, with the transition planned for November 20, 2025, coinciding with the expiration of its Polkadot Parachain slot.
Strategic Alignment: The move aims to align Phala with the Ethereum EVM ecosystem and Intel's confidential computing technologies, enhancing its functionalities like staking, governance, and computing while providing a more scalable environment for growth and adoption.
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Technical Analysis for PHA
Technical Sentiment Analysis for Phala Network (PHA) As of , Phala Network (PHA) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for PHA stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, PHA is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Phala Network (PHA) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.011 | 0.0172 | 0.0231 | 0.0293 | 0.0352 | 0.0414 | 0.0473 |
| Fibonacci | 0.0172 | 0.0218 | 0.0247 | 0.0293 | 0.0339 | 0.0368 | 0.0414 |
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