Password hashing

<?php
// correct password
$password = "PlainTextPassword";
echo "The password is: " . $password . "<br>";

// hash the password and assign to variable "$HashedPassword"
$HashedPassword=password_hash($password, PASSWORD_DEFAULT);
echo "The HASHED password is: " . $HashedPassword . "<br><br>";

// compare "$password" to "$HashedPassword"
echo "comparing password to hashed password: ". "<br>";
if (password_verify('PlainTextPassword', $HashedPassword)) {
    echo "Password matches!" . "<br>";
} else {
    echo "Invalid password". "<br>";
}