- The inflation rate of the PulseChain crypto is -0.80%.
- The trading price of the HEX crypto is up 217% from its all-time low price.
HEX, launched in December 2019, operates on Ethereum’s blockchain. Created by Richard Heart, it’s a high-interest savings account where users stake tokens for varying periods to earn interest.
The PulseChain crypto has a market cap of $1.767 Billion which has witnessed an advance of 4.9% in the last 24 hours. Also, its current market cap ranking is #209 as per CoinMarketCap.
When compared to the market cap of the crypto, the traded volume is just 0.06% of the market cap which is much less. The traded volume value for the crypto is $1.173 Million. Moreover, the market cap dominance of the crypto is 0.09%.
The volatility of the PulseChain crypto is high resulting in 9.77% as per Coincodex and the crypto was launched on December 2, 2019. Also, the sentiment of the crypto is bullish while the fear and greed index is showing greed as it is at 72.
HEX Token Supply Overview
The circulating supply market cap of the token is $1.736 Billion and the fully diluted market cap of the token is $5.911 Billion. Moreover, there are 334,158 holders of the crypto and the circulating supply of the crypto is 173.411 Billion HEX.
The total supply for the HEX token is 633.542 Billion HEX while the max supply of the crypto is not disclosed. Also, the total value locked for the crypto is nil while the liquidity for the token is $4.16 Million.
HEX Crypto Technical Analysis
The HEX crypto has a crucial resistance at a level of $0.0124 and the trading price of the token has faced multiple rejections at the same price. If the price of the token breaks above the following resistance level with good volume, further advances in the crypto price might be seen to the level of $0.024.
HEX/USD Chart by TradingView
The EMAs on the daily chart of the crypto highlight uncertainty as the price of the token is facing resistance at the level of 200-Day EMA and following the 50-Day EMA, a death cross can be seen on the chart.
Despite the uncertainty highlighted by the EMAs, the MACD and the signal line are trading above the zero level and have formed a bullish crossover. It also has formed bullish histograms on the chart.
The RSI is also following a bullish cycle and is trading at a level of 60.71 indicating bullishness in price momentum. Following the advance in the value of the RSI, it also has crossed above the 14-Day SMA.
Summary
If HEX breaks above $0.0124, signaling a bullish trend, it may surge to $0.024. Despite resistance at the 200-Day EMA, the MACD exhibits bullish crossovers, supported by RSI momentum at 60.71. With $1.767 Billion in market cap, PulseChain shows potential, though its traded volume remains low at 0.06%.
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.