Latest HEX (PulseChain) (HEX) Price Analysis

By CMC AI
13 September 2025 04:13PM (UTC+0)

Why is HEX’s price up today? (13/09/2025)

TLDR

HEX (PulseChain) rose 6.08% over the last 24h, outpacing the broader crypto market’s +1.5% gain. This aligns with its 39.46% weekly surge but contrasts with a -4.01% monthly dip. Here are the main factors:

  1. SEC Lawsuit Dismissal (Bullish) – Finalized legal clarity in the US boosted confidence.

  2. Technical Breakout (Mixed) – Overbought RSI signals caution despite bullish momentum.

  3. Altcoin Market Rotation (Bullish) – Capital flows into high-risk alts amid rising sector sentiment.

Deep Dive

1. Regulatory Clarity Post-SEC Win (Bullish Impact)

Overview: On August 7, 2025, HEX founder Richard Heart secured a full dismissal of the SEC’s 2023 fraud lawsuit, with a US court ruling the agency lacked jurisdiction (Weex). This resolved a key overhang for US-based traders.

What this means: The dismissal reduces regulatory risk perception, potentially attracting sidelined investors. However, European charges against Heart (tax evasion, assault allegations) remain unresolved, capping upside.

What to look out for: Updates on Heart’s Interpol Red Notice status or European extradition proceedings.

2. Overheated Technicals (Mixed Impact)

Overview: HEX’s 7-day RSI hit 79.3 (overbought), while its price broke above the 7-day SMA ($0.0097) and EMA ($0.0101). The MACD histogram turned positive, signaling short-term bullish momentum.

What this means: While the breakout suggests buying pressure, the extreme RSI implies a pullback risk if profit-taking accelerates. The next resistance lies at the 23.6% Fibonacci retracement ($0.01198).

3. Altcoin Season Momentum (Bullish Impact)

Overview: The Altcoin Season Index rose 33.96% weekly to 71, reflecting capital rotation into smaller cryptos. HEX’s 24h trading volume ($1.33M) aligns with this trend despite a -11.25% volume dip.

What this means: HEX benefits from sector-wide risk appetite, but its low turnover ratio (0.02%) suggests liquidity risks could amplify volatility.

Conclusion

HEX’s rally combines regulatory relief, technical momentum, and altcoin market tailwinds, but overbought conditions and unresolved European legal risks warrant caution. Key watch: Can HEX hold above $0.01198 Fibonacci resistance, or will profit-taking reverse gains?

Why is HEX’s price down today? (10/09/2025)

TLDR

HEX (PulseChain) rose 0.88% over the last 24h, underperforming the broader crypto market (+2.33%). The muted move reflects mixed sentiment from regulatory developments and liquidity challenges. Here are the main factors:

  1. SEC lawsuit closure (Mixed Impact) – Dismissal of U.S. fraud charges in August 2025 provided partial relief, but European legal risks linger.

  2. Low liquidity (Bearish) – Thin trading volume ($1.07M) and high supply concentration (90% held by founder) amplify volatility.

Deep Dive

1. Regulatory Clarity vs. European Risks (Mixed Impact)

Overview: HEX’s founder Richard Heart secured a U.S. legal victory on August 7, 2025, as a federal judge dismissed SEC fraud charges due to jurisdictional issues (Weex). However, Finnish authorities issued a Red Notice for tax evasion and assault allegations in September 2024, with Europol actively investigating.

What this means: The SEC dismissal removed a major overhang for U.S. holders, but ongoing European probes create uncertainty. Markets are pricing in a risk premium, as 38% promised yields and Heart’s 90% token control remain contentious.

What to look out for: Updates from Europol on extradition efforts or asset seizures.

2. Liquidity Constraints (Bearish Impact)

Overview: HEX’s 24h trading volume ($1.07M) represents just 0.018% of its self-reported $5.89B market cap. The token’s 592B supply and low turnover signal weak demand relative to circulating tokens.

What this means: Thin liquidity magnifies price swings—even small sell-offs can trigger outsized drops. The 7-day RSI (51.97) shows neutral momentum, but MACD’s bullish crossover (+0.000077) lacks volume confirmation.

Conclusion

HEX’s minor 24h gain reflects cautious optimism post-SEC but is tempered by European legal risks and structural liquidity issues. While technicals hint at short-term upside, the token’s high supply concentration and regulatory overhang limit sustained bullish momentum.

Key watch: Can HEX hold above its 30-day SMA ($0.010075) amid low volume, or will European developments trigger a retest of the $0.0078 support?

CMC AI can make mistakes. Not financial advice.