In the realm of blockchain, the average short-term realized

--・121 views

In the realm of blockchain, the average short-term realized price (STH realized price), calculated by dividing the realized cap by total coin supply, serves as a key indicator of price support and resistance. Historical data reveals that the STH realized price acted as crucial support in March '23, June '23, and Jan '24, and as significant resistance in April '22, November '22, and October '23. Interestingly, each time the price broke through these levels, it followed a single direction, accompanied by an increase in price volatility. Currently, the STH realized price stands at $58,500, and encouragingly, the price has rebounded from this point. This analysis, provided by SignalQuant, reflects an optimistic outlook on the market, indicating potential for further growth.

In the realm of blockchain, the average short-term realized price (STH realized price), calculated by dividing the realized cap by total coin supply, serves as a key indicator of price support and resistance. Historical data reveals that the STH realized price acted as crucial support in March '23, June '23, and Jan '24, and as significant resistance in April '22, November '22, and October '23. 
Interestingly, each time the price broke through these levels, it followed a single direction, accompanied by an increase in price volatility. Currently, the STH realized price stands at $58,500, and encouragingly, the price has rebounded from this point. This analysis, provided by SignalQuant, reflects an optimistic outlook on the market, indicating potential for further growth.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.