It can't block, which isn't unusual for this sort of creature, but its recursion ability is limited by the raid mechanic
The set features Pokemon-ex cards and is known for its Gold Star cards of Regirock, Regice, and Registeel, which depict alternate-color Pokemon
Log in RULINGS 2013-09-15 You can activate Prognostic Sphinxs ability even if its already tapped
A great example is Parallax Tide, a card that hasn't seen any kind of play since its Standard days yet managed to break Premodern wide open
Players coming in from other trading card games might forget that Magic: The Gathering has a whole second main phase after combat during which you can play sorceries and permanents, as well as activate all of those abilities that say "activate only as a sorcery." Even if you don't have a Wrath of God to wipe out your opponent's board post-attack, there are still a lot of things you can do, and the raid mechanic serves not only to remind you that there's a second main phase, but also encourages you to attack
The card is now on the battlefield