Ethereum

Daily

Coin

<ul class="news-points"> 
 <li><strong>Glassnode Alerts revealed in a tweet today that the realized cap for ETH reached an 8-month high.</strong></li> 
 <li><strong>ETH’s price was attempting to challenge a significant resistance level at press time.</strong></li> 
 <li><strong>If ETH closes a daily candle above $1,850, then it may climb to $1,980 in the next 2 weeks</strong>.</li> 
</ul> 
<p>Glassnode Alerts, the on-chain tracking platform, revealed in a tweet today that the realized cap for <a href="https://coinedition.com/tag/ethereum-eth/" rel="noopener noreferrer nofollow">Ethereum (ETH)</a> reached an 8-month high recently. According to the post, the altcoin leader’s realized cap reached $181,606,579,492.76.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a> <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> Realized Cap just reached a 8-month high of $181,606,579,492.76<br><br>View metric:<a href="https://t.co/JEcbTHEjsD" target="_blank" rel="noopener noreferrer nofollow">https://t.co/JEcbTHEjsD</a> <a href="https://t.co/EmrAn4WtLs" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/EmrAn4WtLs</a></p>— glassnode alerts (@glassnodealerts) <a href="https://twitter.com/glassnodealerts/status/1690592830727573504?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 13, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<div class="wp-block-image"> 
 <figure class="aligncenter size-full"> 
  <img decoding="async" width="619" height="294" src="https://coinedition.com/wp-content/uploads/2023/08/eth-1-1.png" alt="" class="wp-image-328406" srcset="https://coinedition.com/wp-content/uploads/2023/08/eth-1-1.png 619w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-300x142.png 300w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-313x149.png 313w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-380x180.png 380w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-127x60.png 127w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-159x76.png 159w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-255x121.png 255w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-440x209.png 440w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-414x197.png 414w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-326x155.png 326w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-377x179.png 377w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-328x156.png 328w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-144x68.png 144w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-123x58.png 123w, https://coinedition.com/wp-content/uploads/2023/08/eth-1-1-129x61.png 129w" sizes="(max-width: 619px) 100vw, 619px"> 
  <figcaption class="wp-element-caption"> <em>Daily chart for ETH/USDT (Source: <a href="https://www.tradingview.com/x/07BqkSOA/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>)</em> 
  </figcaption> 
 </figure> 
</div> 
<p>Meanwhile, ETH’s price was attempting to challenge a significant price point at press time. If ETH is able to close today’s daily candle above $1,850, then it may continue to rise to $1,980 within the next 2 weeks. A confirmation of this bullish thesis will be when the cryptocurrency’s price breaks, and closes a daily candle, above the 20-day EMA line at around $1,854.62.</p> 
<p>However, if the altcoin’s…</p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/eths-realized-market-cap-reaches-an-8-month-high-report/">ETH’s Realized Market Cap Reaches an 8-Month High: Report</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

ETH’s Realized Market Cap Reaches an 8-Month High: Report

Coin Edition

Other articles published on Aug 13, 2023

Bitcoin shatters $7,000 threshold

Types Of Cryptocurrency Wallets Explained

Themes and Variations NFT: Unlocking the Artistry of Letters

Do Millennials Actually Like Bitcoin?

What if the entire concept of purchasing power is made up?

Shiba Inu (SHIB) Is on Verge of Golden Cross

Join our free newsletter for daily crypto updates!